Kingfisher

The Competition Commission of India (CCI) has reduced the stayed Rs 1 crore fine against Kingfisher airlines to Rs 72.5 lakh, after finding that the airline had not provided sufficient information to the Commission.

The Competition Commission of India (CCI) has imposed a Rs 1 crore ($220,000) fine on Kingfisher Airlines for not providing sufficient information in the CCI’s investigation of the airline’s alliance with Jet Airways, according to the PTI.