Briefly Business: German bank sues DGCA, Kingfisher

German bank sues DGCA, Kingfisher

NEW DELHI: Germany's DVB Bank SE has sued Directorate General of Civil Aviation (DGCA) and Kingfisher Airlines to have two planes it financed for the troubled carrier deregistered. "Our main trouble really is with the DGCA, which should deregister the aircraft," Carsten Gerlach, senior vice-president of aviation finance at DVB Bank, told Reuters.

Viom Networks to hit capital market

kolkata: Telecom tower company Viom Networks, a joint venture between Tata Teleservices and SREI group, is planning to hit the capital market soon. "We plan to go ahead with the IPO and will begin the process in January 2013," Viom Networks vice-chairman Sunil Kanoria said on the sidelines of an event organised by SREI Foundation.

Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus