Kingfisher brand up for sale by banks to recover dues

Mint 2018-02-16

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UB-Group-promoted Kingfisher Airlines Ltd is set to lose its brand name "Kingfisher" and "fly kingfisher" as bankers have started selling trademarks in their bid to recover loans. Grant Thornton India audit firm valued the Kingfisher brand at Rs. 3,000 crore about five years ago.
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