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Friday, September 5, 2014

Debt and default

The action of the United Bank of India (UBI) in declaring Kingfisher Airlines, its promoter Vijay Mallya an... »
More on financially distressed company AND: bankingcentral bankjudiciary (system of justice)
Kuala Lumpur, Friday, August 29, 2014

Malaysia Airlines to slash 6000 jobs

Malaysia Airlines will cut 6,000 of its 20,000 jobs as part of a major overhaul, the company said on Friday. The outline restructuring plan was announced by state sovereign fund Khazanah... »
New Delhi, Tuesday, August 26, 2014

Kingfisher moves HC against bank notice

Kingfisher Airlines on Tuesday moved the Delhi High Court against Punjab National Bank’s notice alleging the carrier has wilfully defaulted in payment of outstanding dues of over Rs 770 crore.<... »
Special: Kingfisher Airline crisis
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