Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
29 January, 2015 17:57 IST
Kingfisher Airlines extends partial lockout till October 12
Source: IRIS | 05 Oct, 2012, 11.57AM
Comments  |  Post Comment

Ailing Kingfisher Airlines extended its partial lockout by a week till October 12 as talks between its management and employees failed to break the deadlock over non-payment of salaries for the last seven months.

Regretting that the illegal strike by a section of the airline employees has still not been withdrawn and normalcy yet to be restored, a late night statement by Kingfisher said it is constrained to extend the partial lock-out upto October 12. The partial lock-out commenced on Monday evening.

Bharat Raghavan, the company secretary of Kingfisher and a key member of the top management, also resigned with effect from September 30.

Shares of Kingfisher Airlines declined Rs 0.65, or 4.68%, to trade at Rs 13.25. The total volume of shares traded was 167,734 at the BSE (11.49 a.m., Friday).



Kingfisher Airlines Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Shakti Pumps gets listed on NSE on January 29 - 29-Jan-2015 09:47
ICICI Bank organises coin exchange mela in Indore - 29-Jan-2015 09:40
CCEA clears FDI proposals of HDFC Bank - 29-Jan-2015 09:31
CCEA approves Lupin proposal to FII limit cap to 49% - 29-Jan-2015 09:27
Welspun Corp consolidated quarterly earnings zoom 2.33 times - 28-Jan-2015 18:55
Kalyani Forge swings to loss in Oct-Dec quarter - 28-Jan-2015 17:59
Ranbaxy Laboratories consolidated loss widens in Oct-Dec quarter - 28-Jan-2015 17:47
Idea Cellular standalone quarterly profit jumps 64.00% - 28-Jan-2015 17:16
Jyothy Laboratories consolidated quarterly net rises 19.99% - 28-Jan-2015 17:04
Amara Raja Batteries standalone quarterly profit climbs 7.71% - 28-Jan-2015 16:56
Gujarat State Fertilizers & Chemicals standalone quarterly profit climbs 2.24% - 28-Jan-2015 16:52
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer