Tuesday, Oct 26, 2021 | Last Update : 06:07 AM IST

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Govt orders probe into Jet Airways over alleged mismanagement of funds

The ministry ordered Serious Fraud Investigation Office (SFIO) to carry out the probe, according to a government order seen by Reuters.

05 Jul 2019 8:36 AM

Modest rise in Indian military spending likely, modernisation on hold

Government allocated 4.31 trillion rupees (USD 62.27 billion) for defence, a 6.6 per cent rise over the previous year.

04 Jul 2019 10:03 AM

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 sector.

26 Jun 2019 4:33 PM

PE investment in real estate up 26 pc at Rs 28,000 cr during Jan-Jun 2019: report

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

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

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

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

24 Jun 2019 12:59 PM

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 ratio.

18 Jun 2019 3:28 PM

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

Israel PM Netanyahu’s wife convicted of misusing public funds

Sara Netanyahu was found guilty of exploiting the mistake of another person and ordered to pay a fine and compensation.

16 Jun 2019 3:32 PM

Anarock budget wish list for realty sector: More bank funds, ITC benefit in GST

The liquidity crisis is the major factor preventing completion of over 5.6 lakh stalled units across top seven cities.

14 Jun 2019 11:35 AM

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DHFL in talks with PE firm; expect USD 1 bn from sale of half of their holdings

The Wadhawan family, the promoters of the company, currently holds close to 40 per cent stake in the company.

13 Jun 2019 12:19 PM

Indiabulls moves SC for listing of plea against it alleging misappropriation of funds

Indiabulls Housing Finance Ltd has incurred loss of around Rs 7,000 crore of its market share.

12 Jun 2019 11:46 AM

Central Bank of India plans to raise Rs 5,000 cr this fiscal to meet Basel III norms

As per the Basel III regulations, Central Bank said, it will be required to maintain minimum common equity tier I ratio of 5.50 per cent.

09 Jun 2019 1:53 PM

Allahabad Bank hopes to return in black in Q1, gets board nod for Rs 4,000 cr fund raise

During the fiscal, total reduction in NPA accounts stood at Rs 8,584.33 crore.

05 Jun 2019 1:35 PM

Panagariya recommends aggressive privatisation of public sector undertakings in India

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

21 May 2019 11:50 AM

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Jet Airways employees seek President's intervention for salary dues, emergency funds

Domestic lenders have invited bids for selling stake in Jet Airways.

20 Apr 2019 3:45 PM

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 Apr 2019 12:21 PM

Lessors rush to repossess more Jet planes, even as emergency funds awaited

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

17 Apr 2019 1:43 PM

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.

17 Apr 2019 9:53 AM

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 Apr 2019 8:47 AM

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