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16 (Bloomberg) -- Kingfisher Airlines Ltd. , the Indian carrier controlled by billionaire Vijay Mallya, posted a wider third-quarter loss as fuel costs surged and the company cut flights amid a cash shortage. The net loss was 4.44 billion rupees ($89...
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Kingfisher Airlines' net loss has widened to 444.26 crore for the quarter ended December 31, 2011, due to high fuel costs and weaker rupee. Debt-laden Kingfisher, controlled by Vijay Mallya, had reported a net loss of Rs 253.69 crore in the...
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UB group chairman Vijay Mallya holds a trophy during McDowell’s Signature Premier Indian Derby 2012 in Mumbai on February 5, 2012. View Photo »
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I was in Paris for a commitment with my daughter on Saturday
– Vijay Mallya SOURCE: Livemint.com -
Airlines, the Vijay Mallya owned cash-strapped airline, reported a 75 per cent wider net loss at Rs 444.26 crore for the quarter ended December 31, 2011, due to high fuel costs, a weaker rupee and fierce competition. TRACK THE STOCK The carrier had...
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Mallya's cash-strapped Kingfisher Airlines has posted a net loss of 24.8% to Rs 444 crore for the quarter ending December 31, 2011. The company's revenues also dropped 15.2% to Rs 13.42 crores. However, shares of the company were trading at Rs 27.10 up...
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Mallya-led Kingfisher Airlines reported a 75 percent wider net loss for the December quarter (Q3) from a year earlier, as the ailing Indian carrier was squeezed by high fuel costs, a weaker rupee and fierce competition. Debt-laden Kingfisher, controlled...
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Indian bollywood actor Abhay Deol (C), UB Group chairman Vijay Mallya (L) and his son Siddharth Mallya (R) attend McDowell’s Signature Premier Indian Derby 2012 in Mumbai on February 5, 2012. View Photo »
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We are factoring in elements we hope will make IPL more exciting for viewers. There is a proposal to start an owners' league - 10 overs a side contest. Watching Shah Rukh Khan bowl to Vijay Mallya would be interesting
SOURCE: Times of India -
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Debt-laden Kingfisher, controlled by liquor baron Vijay Mallya, is around a quarter-owned by banks and its top lender State Bank of India has refused to lend more without a fresh injection of equity. "Steep depreciation of the Indian rupee coupled with...
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Kingfisher Airlines reported a 75% wider net loss in the quarter to end-December from a year earlier, as the ailing Indian carrier continued to feel the pinch of high fuel costs, a weaker rupee and fierce competition. Debt-laden Kingfisher, controlled...
About Vijay Mallya
Wikipedia
Vijay Mallya (Kannada/Konkani: ವಿಜಯ ಮಲ್ಯ) : (born December 18, 1955) is an Indian businessman and Rajya Sabha MP. The son of industrialist Vittal Mallya, he is the Chairman of the United Breweries Group and Kingfisher Airlines, which draws its name from United Breweries Group's flagship beer brand, Kingfisher. Full Article
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Indian bollywood actor Abhay Deol (C), UB Group chairman Vijay Mallya (L) and his son Siddharth Mallya (R) attend McDowell’s Signature Premier Indian Derby 2012 in Mumbai on February 5, 2012.
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AP Photo
Mumbai India's team owner Nita Ambani, right, and Siddharth Mallya, Royal Challengers Bangalore team in-charge and owner Vijay Mallya's son, take a break during the Indian Premier League player auction in Bangalore, India, Saturday, Feb. 4, 2012. Indian all-rounder Ravindra Jadeja...
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Siddharth Mallya, Royal Challengers Bangalore team in-charge and owner Vijay Mallya's son, speaks during a press conference at the Indian Premier League player auction in Bangalore, India, Saturday, Feb. 4, 2012. Indian all-rounder Ravindra Jadeja fetched a fee of more than $2 million...
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Siddharth Mallya, son of Indian industrialist UB Group Vijay Mallya refreshes himself with water during the Standard Chartered Mumbai Marathon (SCMM) 2012 in Mumbai on January 15, 2012.
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Chairman of the United Breweries Group, Kingfisher Airlines, and Rajya Sabha, MP Vijay Mallaya arrives at Parliament in New Delhi on November 23, 2011. Price rises, black money, and Telangana were among a host of issues that disrupted Parliament on the second day of the winter session.
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Vijay Mallya, Chairman and CEO of India's Kingfisher Airlines, surrounded by bodyguards, leaves after addressing the news conference in Mumbai on November 15, 2011. Kingfisher Airlines said Tuesday it had doubled its losses in the July-September quarter, as its billionaire chief Vijay...
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Vijay Mallya, Chairman and CEO of India's Kingfisher Airlines, looks over his shoulder during the news conference in Mumbai on November 15, 2011. Kingfisher Airlines said Tuesday it had doubled its losses in the July-September quarter, as its billionaire chief Vijay Mallya was set to...
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AP Photo
Kingfisher Airlines Chairman Vijay Mallya speaks during a media conference in Mumbai, India, Tuesday, Nov. 15, 2011. The owner of India's beleaguered Kingfisher Airlines sought to downplay its problems even as the company posted a second quarter loss Tuesday of 4.69 billion rupees ($93...
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Reuters Pictures
Kingfisher Airlines Chairman Vijay Mallya (C) arrives for a news conference in Mumbai November 15, 2011. India's cash-strapped Kingfisher Airlines doubled its loss in the September quarter on higher fuel prices and operating costs amid investor worries about its ability to remain aloft...
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DELHI, INDIA - OCTOBER 30: Vijay Mallya at the F1 Rocks India Afterparty on October 30, 2011 in Delhi, India.
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Indian Bollywood Actress Deepika Padukone (L) and Siddharth Mallya (R), son of Force India-Mercedes Team Principal Vijay Mallya arrive for the Formula One Indian Grand Prix in Greater Noida on October 30, 2011. World champion Sebastian Vettel made history by winning India's first ever...
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NOIDA, INDIA - OCTOBER 30: Cricketer Sachin Tendulkar (R) meets Force India Chairman Vijay Mallya (L) on the grid before the Indian Formula One Grand Prix at the Buddh International Circuit on October 30, 2011 in Noida, India.
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NOIDA, INDIA - OCTOBER 29: Force India Chairman Vijay Mallya is interviewed by the media following qualifying for the Indian Formula One Grand Prix at the Buddh International Circuit on October 29, 2011 in Noida, India.
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Force India-Mercedes Team Principal Vijay Mallya watches the big screen during the first practice session of Formula One's Indian Grand Prix at the Buddh International circuit in Greater Noida on October 28, 2011. India will host its first Formula One Grand Prix on October 30.
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AP Photo
Force India Chairman and team principal Vijay Mallya, left, talks to Bernie Ecclestone, president and CEO of Formula One Managment, ahead of Sunday's Indian Formula One Grand Prix at the Buddh International Circuit in Noida, 38 kilometers (24 miles) from New Delhi, India Thursday, Oct....
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NOIDA, INDIA - OCTOBER 27: F1 supremo Bernie Ecclestone talks with Force India Chairman Vijay Mallya in the paddock during previews to the Indian Formula One Grand Prix at the Buddh International Circuit on October 27, 2011 in Noida, India.
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NEW DELHI, INDIA - DECEMBER 9: In this handout image provided by FIA (Federation Internationale de l'Automobile), Force India Team Principal Vijay Mallya presents Ben Gallop of the British Broadcasting Corporation with the Formula One Promotional Broadcast trophy during the 2011 FIA Prize...
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NEW DELHI, INDIA - DECEMBER 9: In this handout image provided by FIA (Federation Internationale de l'Automobile), (L-R) FIA President Jean Todt, FOM President Bernie Ecclestone, Force India Team Principal Vijay Mallya, and FMSCI president Vicky Chandhok attend the 2011 FIA Prize Giving...
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Reuters Pictures
McLaren Formula One driver Jenson Button (L) of Britain shakes hands with Sahara Force India Formula One team principal Vijay Mallya after receiving his FIA trophy during the 2011 Federation Internationale de l'Automobile (FIA) gala night in Gurgaon on the outskirts of New Delhi December...
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Reuters Pictures
Bernie Ecclestone (L), chief executive officer and president of the Formula One's governing body, is seen with Force India Formula One racing team Principal Vijay Mallya during the 2011 FIA Gala night in Gurgaon, about 35 km (21 miles) west of New Delhi December 9, 2011.
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NEW DELHI, INDIA - DECEMBER 9: President and CEO of Formula One Management Bernie Ecclestone (L) and Force India F1 racing team Principal Vijay Mallya during the 2011 FIA Prize Giving Gala Ceremony in Gurgaon, on December 9, 2011 in New Delhi, India.
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AP Photo
President and CEO of F1's governing body Bernie Ecclestone, left, and Force India F1 racing team principal Vijay Mallya interact at the 2011 FIA Gala awards ceremony night in Gurgaon, some 35 kilometers (22 miles) west of New Delhi, India, Friday, Dec. 9, 2011. This is the first time...
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Chairman and CEO of India's Kingfisher Airlines Vijay Mallya looks during a press conference in Mumbai on November 15, 2011. Kingfisher Airlines said it had doubled its losses in the July-September quarter, as its billionaire chief Vijay Mallya was set to announce plans to keep the...
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MONTE CARLO, MONACO - MAY 26: Force India Chairman Vijay Mallya attends the press conference following practice for the Monaco Formula One Grand Prix at the Monte Carlo Circuit on May 26, 2011 in Monte Carlo, Monaco.
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AP Photo
Rajasthan Royals captain Shane Warne, center, shares a laugh with Royal Challengers Bangalore owner Vijay Mallya, right, and former Indian cricketer Anil Kumble as rain delays play of an Indian Premier League (IPL) cricket match between Royal Challengers Bangalore and Rajasthan Royals...
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Indian bollywood actor Abhay Deol (C), UB Group chairman Vijay Mallya (L) and his son Siddharth Mallya (R) attend McDowell’s Signature Premier Indian Derby 2012 in Mumbai on February 5, 2012.
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