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Ashwani LohaniBusiness
Air India chairman may meet SBI chief over leasing Jet Airways planes

The SBI-led consortium of lenders are now running the Jet Airways under a debt recast plan.

19 April 2019 2:12 PM IST

Vijay MallyaBusiness
Mallya asks SBI to disclose 'legal fees' spent to recover funds

Mallya is facing trial for alleged fraud and money laundering amounting to Rs 9,000 crore.

19 April 2019 12:21 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.Business
SBI plans to raise USD 2.5 billion from bonds

The executive committee of the central board will take decision in this regard on April 24, SBI said in a regulatory...

18 April 2019 7:36 PM 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
Lessors rush to repossess more Jet planes, even as emergency funds...

Lessors to Jet Airways Ltd have applied to deregister another four Boeing Co 737 planes.

17 April 2019 1:43 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
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

Separately, the civil aviation ministry would convene meetings of representatives of airlines and airports on April 18 to discuss capacity expansion, rising airfares and other issues. (Image: ANI)India
Jet Airways operating 5 planes, seeks emergency funds from banks

The cash-strapped airline has already suspended its international operations till April 18.

16 April 2019 9:16 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
Amid reports of Jet Airways temporary shut down, Goyal out from...

Jet Airways is grappling with acute financial crunch and is operating less than 10 planes besides temporary shut downs.

16 April 2019 2:25 PM IST

On April 12, sources said that Goyal had also put in bid for the carrier. (Photo: PTI)Business
Naresh Goyal opts out from bidding for ailing Jet Airways

Airline sources said Jet Airways founder Naresh Goyal has withdrawn the bid for the airline.

16 April 2019 1:18 PM 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

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.Business
Jet Airways pilots body defers 'no flying' call ahead of lenders meet

SBI considering a proposal to infuse 10 billion rupees (USD 145 million) to keep the airline afloat.

15 April 2019 8:46 AM IST

IT stocks declined up to 6% on Friday due to concerns over tightening of H1-B visa norms. Shares of Infosys dropped 3.11%, TCS fell by 0.55% on the BSE.Business
Six of top-10 firms lose Rs 42,827 cr in m-cap

The m-cap of Tata Consultancy Services (TCS) slumped Rs 14,146.5 crore to Rs 7,55,636.47 crore.

14 April 2019 2:10 PM IST

Naresh GoyalBusiness
Naresh Goyal may submit bids for stake in Jet Airways

The airline currently owes Rs 8,000 crore to lenders, led by the SBI.

11 April 2019 1:13 PM IST

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