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The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Business

Jet Airways lenders 'reasonably hopeful' of successful bids for...

Jet Airways halted all flight operations indefinitely after lenders led by SBI declined to extend more funds.

18 April 2019 8:29 AM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

Business

NCLAT seeks Anil Ambani's reply on HSBC Daisy's plea over non-payment...

NCLAT has directed that the matter be listed on May 20, 2019 for admission.

17 April 2019 1:18 PM IST

$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business

Fuel supply to Jet Airways stopped at Delhi airport due to non-payment...

Fuel supply was stopped at 5 pm and resumed at about 6:15 pm after the assurance of the payment was given.

5 April 2019 9:40 AM IST

Business

Jet Airways shares fall as it grounds more planes over unpaid lessor...

Jet Airways grounded 15 more planes due to non-payment of dues to its lessors.

3 April 2019 10:43 AM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

Business

Troubled mortgage lender DHFL again misses debt payments

DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.

26 Jun 2019 8:52 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Business

SBI puts up for sale two NPA accounts to recover dues of Rs 309 crore

The e-auction of Rajashree will take place on July 22 while that of Shree Vaishnavi on July 29.

12 July 2019 9:34 AM IST

Jaypee group is selling its assets to reduce debt.

Business

NCLAT reserves order on Jaypee Infra land mortgaged with Jaiprakash's...

The NCLT had directed JAL to release and discharge interest created over the land to lenders including ICICI Bank.

10 July 2019 8:33 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Business

Wilful defaults in India cross USD 21 billion in 2018-19

As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.

3 July 2019 9:37 AM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Business

Air India owes Rs 4,500 cr in fuel dues; hasn't paid in 200 days: Oil...

Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.

23 Aug 2019 1:24 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

Business

PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA...

9 Sept 2019 10:06 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Business

Telcos move in SC seeking fresh schedule for payment of Rs 1.47 lakh...

The telcos said they wanted an open court hearing on their fresh pleas with regard to working out fresh schedule of...

21 Jan 2020 11:30 AM IST

Business

AAI asks Sahara Hospitality to clear hotel's rental dues

Sahara Hospitality officials could not be contacted immediately for comment on the issue.

1 Dec 2018 10:41 AM IST