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Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Not feasible to reinvest in Jet; cites unresolved issues: Etihad

Etihad has consistently and constructively sought and advanced solutions to help resolve Jet's issues.

12 Aug 2019 4:02 PM IST

Debt-ridden Videocon Group on Wednesday approached the principal bench of NCLT requesting it to direct all insolvency case.

SBI seeks bids for Videocon's overseas oil, gas assets

SBI said it had appointed consultant Deloitte to find buyers for Videocon's exploration assets in Brazil and Indonesia.

5 Aug 2019 12:57 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal reports USD 0.447 billion net loss for June quarter

The company said its gross debt was at USD 13.8 billion as of June-end this year.

1 Aug 2019 1:04 PM IST

Flying allowance, which constitutes between 50-80 per cent of a pilots salary. (Representational Image)

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit...

The airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19.

16 Sept 2019 9:46 AM IST

S V Ranganath appointed as the interim chairman of the Coffee Day Enterprises.

Deleveraging assets to ensure liquidity position of company: CCD

Coffee Day Enterprises Ltd (CDEL) has been trying to divest its assets to pare debt.

13 Sept 2019 3:00 PM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Airtel plans to raise up to Rs 3,000 crore

Shares of Bharti Airtel on Friday closed 0.19 per cent higher at Rs 401.95 apiece on BSE.

9 March 2018 6:02 PM IST

Bharti Airtel board to meet on Mar 12 to discuss fund raising

As on Dec 31, 2017, company's consolidated net debt stood at Rs 91,714 crore higher than Rs 91,480 crore.

8 March 2018 12:00 PM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom appeals in Bombay HC to protect lenders' interest

Lenders of RCom have invoked strategic debt restructuring' programme to recover dues from the company.

7 March 2018 12:51 PM IST

Reduction of NPAs in individual PSBs range from about Rs 500 crore to over Rs 10,000 crore.

Bhushan Steel's buyout to reduce PSB NPAs by Rs 35,000 cr

Bhushan Steel was among the 12 stressed assets the Reserve Bank of India had referred to NCLT proceedings last year.

21 May 2018 10:45 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Keep more capital buffer for your own interest: RBI ED to banks

Banks with capital will get going and those without it will be punished by the ecosystem.

7 Dec 2018 12:22 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

NCLT allows Ericsson's insolvency plea against RCom

RCom plans to reduce its debt by selling assets such as airwaves, mobile masts and fibre optic investments.

16 May 2018 8:21 AM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

India's RCom gets bondholders' nod for asset sale

RCom last week had moved the SC in a desperate attempt to complete asset sale and to also avoid going to NCLT.

21 March 2018 2:23 PM IST