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`Banks initiate process of declaring KFA as wilful defaulter'

Last Updated: Thursday, July 24, 2014, 16:42

Once declared wilful defaulter, criminal proceedings can be initiated against promoters and directors of the company.

Kingfisher Airlines to pay Rs 14K to flier for loss of luggage

Last Updated: Wednesday, January 02, 2013, 14:59

Kingfisher Airlines has been asked by a consumer forum here to pay a compensation of Rs 14,000 to a flier for losing his luggage in transit from Srinagar to Delhi.

Kingfisher stocks down 5%; falls for fourth straight day

Last Updated: Thursday, October 04, 2012, 12:27

Falling for the fourth straight day, shares of Kingfisher Airlines were down about 5 percent as hopes of the ailing company resuming operations faded on Thursday with management failing to persuade striking engineers and pilots to return to work.