Kingfisher Airlines auditor raises doubts over Co's survival

Kingfisher Airlines auditor raises doubts over Co's survival
Dated:September 15,2011



Market Round-up
SENSEX 16876.54 166.94
NIFTY 5075.70 63.15
NASDAQ 2141.54 17.78
DJIA 10060.06 19.61
RS/$ 46.79 -0.14

NSE Gainers
Scrip Price(Rs.) %Change
Gokaldas Exports Ltd.
96.85 + 16.76
Jai Corp Ltd.
96.00 + 15.11
Rushil Decor Ltd.
177.85 + 14.67
BGR Energy Systems Ltd.
367.40 + 14.10
ARSS Infrastructure Proje
370.40 + 11.06

NSE Losers
Scrip Price(Rs.) %Change
Marico Ltd.
143.10 -10.28
Indus Fila Ltd.
14.00 -9.97
Lloyds Finance Ltd.
1.00 -9.09
Andhra Sugars Ltd.
104.25 -8.19
Harita Seating Systems Lt
71.05 -7.73

Top Headlines
The auditor's report is likely to unsettle nervous Kingfisher investors who have already been rattled by its inability to raise money.

A regulatory filing by Motorola shows that Jha will get $13.2 million in cash & $52.4 million for his stock options and shares if the acquisition is completed.

These proposals, especially the one related to doing away with roaming, may be objected to by telcos, as roaming generates Rs 13,000-14,000 crore.


Most Read Story
Greece and Portugal will be better off defaulting quickly, devaluing after withdrawing from the eurozone, and then restoring their finances.

Most E-mailed Story
The Shri Ram School (Delhi and Gurgaon) has been declared as the best day school in the country in a recent survey conducted by C-Fore.


Most Commented Story
A US Congressional report says it might just turn out to be a direct contest between Narendra Modi & Cong leader Rahul Gandhi in 2014 polls.


Latest Updates


No comments: