MUMBAI Nov 8 Shares in India's Kingfisher Airlines slumped as much as 4.7 percent on Thursday after reporting its July-September net loss had widened to 7.54 billion rupees ($139.46 million), compared with a loss of 4.69 billion rupees a year earlier.
Kingfisher shares were down 3.1 percent as of 0349 GMT after the results posted earlier on Thursday. (Reporting by Mumbai Markets Team; Editing by Michael Urquhart)
Trending On Reuters
General Motors is re-evaluating its planned $1 billion investment in India and has put on hold moves to bring a new car platform to India as it re-assesses its strategy in the country, according to company officials. Full Article