Rivals News
Kingfisher pushed to raise $160 million equity
Kingfisher Airlines has been asked to raise $160 million in equity by creditors and the cash-strapped carrier is considering a proposal to sell property to help pave the way for debt restructuring, a senior banker said on Monday. "We have asked them to come up with some fresh funds," said Hemant Contractor, managing director of State Bank of India, which leads a consortium of 13 lenders to the
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