No second round of debt restructuring for Kingfisher by banks

Last Updated: Friday, December 9, 2011, 16:46

Banks have no plans to carry out a second round of debt restructuring of the ailing Kingfisher Airlines which has an outstanding loan of around Rs 6,419 crore, Parliament was informed on Friday.

Kingfisher recovers after falling by 4% in morning trade

Last Updated: Tuesday, November 15, 2011, 11:12

The stock opened on a sluggish note on the BSE and then dropped by 2.81 percent to an early low of Rs 20.75.

Kingfisher board to meet 13-bank consortium today

Last Updated: Tuesday, November 15, 2011, 09:07

The lenders--a 13-bank consortium led by SBI, who were yet to decide on ways to soften the troubled airline's Rs 7057.08 crore debt burden, will meet Kingfisher management here on Tuesday.

No further debt recast plans: Kingfisher

Last Updated: Wednesday, November 2, 2011, 14:41

Private carrier Kingfisher Airlines on Wednesday denied it was going for another debt restructuring but said it had sought lenders' help to substitute high-cost rupee borrowings with low-cost foreign current debt.