MARKET EYE-Kingfisher shares surge on TV reports of revival plan
* Shares in Kingfisher Airline rise by the maximum daily limit of 5 percent after TV news channels reported the company has submitted a revival plan to the civil aviation authorities, without citing sources. * Kingfisher was not immediately available to comment. * The Directorate General of Civil Aviation, India's aviation regulator, suspended Kingfisher's licence to fly in October after months of cancelled flights and staff walkouts. (email@example.com)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Trending On Reuters
India's largest carmaker Maruti Suzuki India Ltd posted a smaller-than-expected rise in profit for the third quarter, hit by one-off items including a jump in advertising costs, a higher tax rate and lower income from investments. Full Article | Full coverage