Kingfisher Airlines wasn’t looking for any bailout

Vijay Mallya Chairman and promoter of Kingfisher Airlines’ , on Tuesday mentioned that the firm wasn’t looking for any bailout and also would now consentrate on high-end business. Mallya mentioned there will be no massive lay offs but the firm was planning at cutting costs.

‘The govt should think about allowing FDI in aviation as well as reiterated that the firm can’t afford to fly highly loss-making paths. Whole issue in aviation space is required to be addressed, the entire sector is struggling with problems and the expressed policy of the govt is to encourage FDI,’ mentioned Mallya.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Intraday Tips For Today

Intraday Tips For Today Nsestocktips.in provide intraday trading tips, daily update share tips , you want share tips on mebile subscribe our special offer plan for more share stock ...…

Who controls the Securities Market?

Who controls the Securities Market? The responsibility for controlling the securities-market is shared by DEA (Department of Economic Affairs), DCA (Department of Company Affairs ), RBI (Reserve Bank of India ...…

Meaning For Book Building Process

Meaning For Book Building Process Book Building is fundamentally a procedure utilized in IPOs for effective price discovery. It's a method where, during the time period for which the initial ...…

Four Jumbo Rules of Stock Market Investing

Four Jumbo Rules of Stock Market Investing Choose the right company I have seen most people these days are looking for long term investments in Real Estate stocks like Unitech, DLF just because ...…

Definition for Stock

Definition for Stock The stock of a business entity represents the original capital  invested (paid into) in the business by its founders. The corporation ownership is determined by ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics