Fresh woes for Kingfisher as it cuts flights

Kingfisher Airlines, faced with mounting losses and starved of cash, said it had reduced operations but promised to return to full service within days. Source:Top India News- IBNLive.com

Kingfisher Airlines, faced with mounting losses and starved of cash, said it had reduced operations but promised to return to full service within days. Source:Top India News- IBNLive.com

Goods worth more than $154,000 (Rs 14 million) were traded through the Pakistan-India border in Rawalakot on a single day on Thursday, officials said. Source:Top India News- IBNLive.com

Former Supreme Court judge Ashok Kumar Ganguly says that former Telecom Minsiter A Raja acted unilaterally in the 2G spectrum mess and that his Cabinet colleagues are not to be blamed. Source:Top India News- IBNLive.com

At least six people were confirmed dead and several others injured in a stampede that took place at a Mahashivratri fair in Junagarh, Gujarat. Source:Top India News- IBNLive.com

A fire engulfed a cotton and foam factory in Kolkata on Sunday night. There were no reports of any injuries, however. Source:Top India News- IBNLive.com

The Income Tax department has demanded over Rs 413 crore as tax from the world’s richest cricket body, the BCCI as per its income assessment for the year 2009-10, of which only Rs 41 crore have been paid. This was revealed in response to an RTI query. Source:Top India News- IBNLive.com

The Kingfisher Airlines is already crippled after tax authorities attached its bank accounts over non-payment of dues last week. Source:Top India News- IBNLive.com

Finance Minister Pranab Mukherjee on Sunday said it is the subsidy leakage that makes him lose his “sleep”, and not the quantum of subsidy itself. Source:Top India News- IBNLive.com

Police on Sunday questioned two Italian crew members over the killing of the Indian fishermen, but their surrender is delayed. Source:Top India News- IBNLive.com

India suffers a staggering hit of Rs 1 lakh crore ($20 billion) every year due to road accidents, according to the International Road Federation (IRF), which says the country lacks “political will” to tackle the menace. Source:Top India News- IBNLive.com