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Has SREI bought ICICI Bank's Rs 400 cr debt exposure to Kingfisher?
A debt fund managed by SREI Infrastructure Finance has bought about Rs 400 crore worth of debt of Kingfisher Airlines from ICICI Bank. #NewsTracker #Kingfisher Airlines #ICICI Bank #StockWatch #Kingfisher PLC #LKP Finance Limited
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Spicejet's b'day return gift: Fly for Rs 777
To celebrate its birthday, SpiceJet is offering a special base fare of just Rs 777 (excluding government taxes) for booking tickets on any of its network. #SpiceJet #Low-cost airlines #CompanyWatch #Kingfisher PLC
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Relief for flyers? DGCA says 20% fare hike not acceptable
Not only the Prime Minister but the DGGA too has warned airlines warned against hiking fares beyond their band, saying the cost of operation has not undergone any major change over the past two months. #air india #Airline #ToWhatEffect #Aviation #DGCA #Ajit Singh #Kingfisher PLC
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RBI to notify proposal allowing airlines to access foreign funds
The proposals of individual airlines would be considered by RBI under the approval route which is based on factors like cash flows and repayment capacity of the company. #Indian Airlines #Reserve Bank of India #PolicyWatch #Kingfisher PLC
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Decision on aviation FDI deferred, AI gets restructuring nod
Cabinet Committee on Economic Affairs (CCEA) has okayed the restructuring plan of Air India which has been approved by State Bank of India-led consortium last month #air india #Jet Airways #NewsTracker #Aviation #Kingfisher PLC
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Is Indian Railways a Kingfisher in the making?
According to the All India Railwaymen Federation, the railways has now begun deferring payments of certain employee allowances like overtime, night duty and travel allowances. #India #Indian Railways #Dinesh Trivedi #Sam Pitroda #Kingfisher PLC #WhatThisMeans #All India Railwaymen Federation
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'As long as KFA has 5 flights, licence can't be cancelled'
In an exclusive interview with CNBC-TV18, civil aviation minister Ajit Singh today said that Kingfisher has submitted a new flight schedule to the regulator #Airline #Ajit Singh #Kingfisher PLC #CNBCTV18Exclusive
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Chart : Why Mallya's United Spirits stock can double
United Spirits continued its north ward journey as its stock rose by 3.4 percent to Rs 601 per share on the exchange today. The money raised is expected to help the company reduce its humongous debt. #Business/Finance #HowThisWorks #Vijay Mallya #United Spirits Limited #Kingfisher PLC