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Centre likely to allow FDI in aviation_ Sources

Notwithstanding resistance by allies, the Centre is likely to allow investment by foreign airlines in Indian aviation industry which could benefit troubled c...

Lenders to start recovery of Kingfisher Airlines' loans

Feb 13, 2013    

REUTERS - Lenders to grounded Kingfisher Airlines(KING.NS) have decided to take initial steps towards recovering $1.4 billion of loans in default after the company failed to come up with a viable funding plan."How long can we wait?" said Shyamal Acharya, deputy managing director at State Bank of India, after a meeting of lenders late on Tuesday. The bank is the leader of the 17-bank ...

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