Kingfisher may be getting assistance from EY soon. If it happens and Kingfisher resumes flying isn't known, nor is if they would still join the alliance. Oneworld has Sri Lankan joining soon, which covers a number of cities in India from CMB.
There is also the question of Jet. They have similar problems to Kingfisher (just not quite as bad) and are also being looked at by EY. If they go to oneworld or Star remains to be seen.