Sunday, May 19th 06:58 PM IST

Sacked DGCA victim of a political conspiracy?

Fresh evidence is emerging that could suggest that Bharat Bhushan, the former Director General of Civil Aviation may have been unfairly shipped out. NDTV has a copy of a letter written by Mr...

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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