Asia/Pacific

Mallya injects more cash into Kingfisher Airlines

  • Share this:
Mallya injects more cash into Kingfisher Airlines

Kingfisher, unable to secure meaningful investment pledges after a two-year roadshow has this week bowed to the inevitable: cut back aspirations, cut back low cost plans and pump more of that beer money into what is left. Kingfisher secured guarantees worth over Rs 6,100 crore (US$1.255bn) from Chai...

Page content restricted for non-members!

Become a member!