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International Air Transport Association suspends Kingfisher Airlines

Among India's billionaires, the richest is Reliance Industries Chairman Mukesh Ambani with a networth of $22.3 billion. The 54-year-old is ranked 19 in the global rich list.

Reuters
Reuters
The International Air Transport Association (IATA) has  suspended Kingfisher from its clearing house due to non-payment of dues, a spokesman for the industry body of global airlines said. 
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