Kingfisher stock hits upper circuit in afternoon trade

Shares of Kingfisher Airlines on Wednesday surged as much as five percent to hit the upper circuit limit in afternoon trade on the bourses after the cash-strapped carrier started paying salaries to some of its employees.

Vijay Mallya surprises Kingfisher Airlines staff with month's salary

A week after its lenders decided to recover their dues, cash-strapped Kingfisher Airlines has started paying salaries to its employees apart from approaching the aviation regulator seeking licence renewal, sources said on Tuesday.

Hefty hike for airline chiefs; Kingfisher CEO among top

Air carriers may be flying through rough weathers, but their top executives have got handsome pay hikes, while CEO of crisis-ridden Kingfisher has emerged as the second-highest paid among all his peers at Vijay Mallya-led UB Group.

Kingfisher makes presentation on performance before DGCA

Kingfisher CEO Sanjay Agarwal made a presentation on the airline's performance, severely impacted by financial distress, before DGCA chief Arun Mishra here, official sources said.