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Kingfisher Airlines Cancels Over 40 Flights as Pilots go on Strike

Debt-ridden Kingfisher Airlines cancelled as many as 41 flights on Saturday after a section of staff restored to strike demanding immediate payment of their due salaries. The striking airlines pilots have alleged that the airlines management haven't paid salaries for about five months. Jul 14, 2012

Daimler to Roll Out New Products in India

Daimler India Commercial Vehicles Pvt Ltd (DICV), a 100 per cent subsidiary of Germany-based Daimler AG, plans to roll out 17 new products in 18 months in India. Jul 13, 2012

Grameen Koota Raises ₹250 Million Through NCDs

Grameen Financial Services Private Limited (GFSPL), a microfinance institution (MFI) headquartered in Bangalore, has raised debt funds to the tune of ₹250,000,000 from Social Investments AG via secured, redeemable, non-convertible debentures (NCDs). Jun 26, 2012