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60% family businesses struggling to find external finance: KPMG

Family businesses create more than 70 percent of global GDP, but their fund raising plans are "limited" as nearly 60 percent of such entities are struggling to find external finance to fund their investment plans, said a KPMG report.

Kingfisher shares tank 5% on buzz CEO has quit

Shares of Kingfisher Airlines today fell by nearly 5 percent amid media reports saying its chief executive officer Sanjay Aggarwal has resigned.

Kingfisher CEO gets Rs 4-cr pay package; headcount halves

Aggarwal was paid total remuneration of Rs 3.99 crore for the fiscal 2012-13, largely unchanged from about Rs 4.01 crore in the previous year.

Kingfisher pilots may seek DGCA help over salary

The airline has not paid salary to most of its 4,000 employees since May.

Kingfisher Airlines to use own resources to fund its revival

Beleaguered Kingfisher Airlines, which has resolved a 26-day deadlock over salary dues with its employees, on Friday told aviation regulator DGCA that it would use its own resources to fund its revival.

Kingfisher Airlines to meet employees’ representatives today

Employees have been on a strike demanding payment of salaries of seven months and have been insisting that dues be cleared before they resume duty.

Kingfisher extends lockout till next weekend

Ailing Kingfisher Airlines has extended its lockout till the next weekend, apparently after failing to convince its striking staffers, protesting delay in salaries, to return to work.

Day 2 of Kingfisher pilots' strike: 12 flights cancelled

At least 12 flights of Kingfisher Airlines were cancelled on Wednesday as pilots, who fly its short- haul ATR planes, continued their strike for the second day protesting non-payment of salaries.