Kingfisher Airlines shares up on hopes that it may resume flights

Shares in Kingfisher Airlines gained on Tuesday on reports that the promoters are likely to infuse Rs. 425 crore in the carrier to “partially restart” operations. Kingfisher Airlines, which has yet to submit its revival plan, is likely to resume operations with 21 aircraft, sources told NDTV. The stock traded 3 per cent higher at Rs 17.37 on the BSE outperforming other airlines such as Jet (up 1.5 per cent to Rs 633) and SpiceJe...