Wednesday, December 05, 2012

Mallya seeks more time; lenders reschedule meet to December 17


New Delhi: Kingfisher Airlines’ promoter Vijay Mallya has sought more time with the 17-bank consortium to present a suitable proposal for the beleaguered private carrier.
Following this request, the bank consortium on Wednesday rescheduled its meeting to December 17 to consider the Kingfisher Airlines’ matter, sources in the banking industry said.
05/12/12 KR Srivats/Business Line
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