Money Apr 16, 2013
Mumbai: Kingfisher Airlines shares fell as much as 4.8 percent to a record low of Rs 6.90 and headed for a third consecutive losing session on fears regulators may not allow the carrier to restart operations, two dealers said.
Grounded Kingfisher Airlines submitted a plan on April 10 to India's aviation regulator to restart operations.
Kingfisher shares were down 4.1 percent at 6.95 rupees as of 0411 GMT.
More From R Jagannathan.