Kingfisher falls as lenders to initiate loan recovery

Image
Reuters Delhi, India
Last Updated : Feb 13 2013 | 9:45 AM IST

MUMBAI (Reuters) - Shares in Kingfisher Airlines fell to the maximum daily limit of 5 percent on Wednesday after lenders said they would initiate recovery proceedings against the defaulting carrier.

Shares were down 5 percent at 10.55 rupees.

(Reporting by Manoj Dharra; Editing by Anupama Dwivedi)

More From This Section

First Published: Feb 13 2013 | 9:33 AM IST

Next Story