Liquor baron Vijay Mallya-led UB Group has decided to infuse $2 million in a US-based loss making firm Mendocino Brewing Company to revive its fortunes.
UB has also agreed to
Government today said Kingfisher Airlines has not yet given a revival plan to restart operations, even as employees are aggrieved over non-payment of salaries.
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
Shares in grounded carrier Kingfisher Airlines jumped as much as 9. 7 per cent on Thursday after a letter sent to staff from Chairman Vijay Mallya outlined plans for a
Diageo Plc was close to a deal for a stake in liquor baron Vijay Mallya's United Spirits Ltd after months of talks, sources with direct knowledge of the matter said,
Ahead of submitting a revival plan to aviation regulator DGCA, Kingfisher Airlines Chairman Vijay Mallya today met Civil Aviation Secretary K N Shrivastava and briefed him about the steps being
Following the government move to allow FDI policy in the civil aviation sector, Chairman of debt-ridden Kingfisher Airlines Vijay Mallya today said the carrier was in talks with foreign airlines.
Kingfisher promoter Vijay Mallya today said many have expressed interest in investing in his debt-ridden airline.
Much would however depend on the government's stand on allowing foreign carriers
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William D. Green
Chairman & CEO, Accenture