SBI
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 airline.
Jet Airways operating 5 planes, seeks emergency funds from banks
The cash-strapped airline has already suspended its international operations till April 18.
Amid reports of Jet Airways temporary shut down, Goyal out from bidding
Jet Airways is grappling with acute financial crunch and is operating less than 10 planes besides temporary shut downs.
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Airline sources said Jet Airways founder Naresh Goyal has withdrawn the bid for the airline.
Jet pilots appeal SBI to release Rs 1,500 cr funds, asks PM to save 20,000 jobs
The airline's pilots along with engineers and senior staff were last paid for December, 2018.
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.
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.
Naresh Goyal may submit bids for stake in Jet Airways
The airline currently owes Rs 8,000 crore to lenders, led by the SBI.
SBI extends date for deadline for stake sale in Jet Airways
Qualified bidders will be expected to submit their respective binding bid(s) latest by April 30.
Following smaller peers, SBI cuts loan rates by marginal 5 bps
The new one-year marginal cost of funds-based lending rate is down to 8.50 per cent now from 8.55 per cent earlier.