kingfisher bailout

Here's a look at this week's top 10 Indian business news. Vijay Mallya appeals to staff as Kingfisher Airlines cuts more flights Mid week, the ailing carrier cancelled more than 30 flights in the Delhi-Mumbai route due to striking…

Air India asked for a 20000 crore bail out. That is a lot of money. In all the likelihood it will get it. Not as a lump sum but in tranches. This pissed someone an awful lot – The private airlines. Why? They are in a mess and they need a…