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

Jet Airways faces imminent shutdown without emergency funds: sources

Bankers and an Indian govt official said lenders are trying to line up funds to keep aloft the once-dominant Indian...

17 April 2019 9:53 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Business

Lenders to Jet working on revival, no final decision yet: PNB MD

SBI Capital Markets is working on the revival package for Jet Airways.

17 April 2019 8:47 AM IST

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

Business

Jet pilots appeal SBI to release Rs 1,500 cr funds, asks PM to save...

The airline's pilots along with engineers and senior staff were last paid for December, 2018.

15 April 2019 11:45 AM IST

Late last month, the court ordered Singapore-headquartered Grab to pay the sum to Vietnam Sun Corp, better known as VinaSun, which had sought 41.2 billion dong in compensation.

Business

Grab targets another USD 2 billion funding this year: CEO

Grab is also looking to make at least six investments or acquisitions this year.

8 April 2019 12:28 PM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Business

Retail NBFCs likely to see improved liquidity in second half of FY 20

The central bank is also working towards merging three categories of NBFCs.

8 April 2019 8:59 AM IST

NITI Aayog Vice chairman Arvind Panagariya

Business

Panagariya recommends aggressive privatisation of public sector...

Among the longer-term reforms, Panagariya recommended reform of labour laws.

21 May 2019 11:50 AM IST

Business

RBI panel on MSME suggests Rs 15,000 cr fund to support industry

The contribution of the sector in the economy is currently constrained due to several challenges affecting growth in the...

26 Jun 2019 4:33 PM IST

The tax for the real estate has gone up from 12 per cent to 18 per cent.

Business

PE investment in real estate up 26 pc at Rs 28,000 cr during Jan-Jun...

PE inflows from foreign investors increased 28 per cent during the first six months of the 2019 calendar year.

26 Jun 2019 1:20 PM IST

Business

RIL to raise USD 1.85 billion from offshore lenders to meet its needs

RIL has been inquired by the ministry to provide details of funding, operations and revenues.

25 Jun 2019 1:35 PM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Business

Home buyers body want Rs 10,000 cr 'stress fund' to complete stalled...

The association said that delay in project execution is the biggest bane plaguing the real estate sector.

24 Jun 2019 12:59 PM IST

Prime Minister Narendra Modi (Representional Image)

Business

Modi readying to sell off weak PSU banks to fund rural homes

India's central bank and the govt is in the midst of cleaning up a banking system saddled with the world's worst NPA...

18 Jun 2019 3:28 PM IST

ADB will provide Rs 1,650 crore, out of which 80 per cent will be grant-in-aid and the state will have to repay 20 per cent loan in due course of time.

Business

ADB approves Rs 1,650 cr infrastructure projects in Tripura

The project will be taken up in Khowai, Ambassa, Dharmnagar, Kailashahar, Udaipur, Bishramganj and Belonia.

17 Jun 2019 9:48 AM IST