Kingfisher Airlines to raise Rs 2,000 crore through rights issue
Vijay Mallya-promoted Kingfisher Airlines today said it will raise Rs 2,000 crore through a rights issue, a move that will help the private carrier overcome financial problems.
CNBC-TV18's Gopika Gopakumar reports that Kingfisher Airlines has stated to the 17-bank consortium that it will provide for the sum of Rs 425 crore required for partial restart of operations.