RBI said the objective of tougher guidelines was to align the current regulatory framework with global best practices
12 Jun 2020 9:13 AM
The NCLAT has asked to list the matter on September 4 for further hearing.
21 Aug 2019 3:19 PM
The NCLT had directed JAL to release and discharge interest created over the land to lenders including ICICI Bank.
10 Jul 2019 8:33 AM
The total admitted debt in the resolution process was around Rs 6,500 crore.
29 Jun 2019 3:11 PM
The company has requested banks for 10 billion rupees (USD 143.29 million), Dube said.
23 Apr 2019 5:00 PM
Banks had rejected emergency funding request of Jet Airways that forced it to ground operations.
19 Apr 2019 4:22 PM
Jet Airways halted all flight operations indefinitely after lenders led by SBI declined to extend more funds.
18 Apr 2019 8:29 AM
SBI Capital Markets is working on the revival package for Jet Airways.
17 Apr 2019 8:47 AM
The airline has over one billion dollars in debt and has to repay money to banks, lessors of planes.
05 Apr 2019 9:34 AM
Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
21 Mar 2019 11:02 AM
Pilots union of Jet Airways had threatened to stop flying from April 1 if their salaries are not paid by Mar 31.
20 Mar 2019 4:39 PM
Company has been reeling under a debt of around Rs 47,000 crore and has opted for invoking bankruptcy proceedings.
14 Mar 2019 9:11 AM
Shares of the airline are trading 4.24 per cent lower at Rs 259.50 apiece on BSE.
17 Jan 2019 11:51 AM
The company has denied suggestions it told staff earlier this month it was running out of money.
12 Aug 2018 3:41 PM
Around 19 of the 21 state-run banks reported losses for the fiscal, including country's largest lender SBI.
01 Jun 2018 3:36 PM
IIFCL tore into its valuers assuming a much less toll collections from Jaypee-built expressway.
22 Apr 2018 11:50 AM
The move is expected to optically cushion profitability in the near term.
03 Apr 2018 1:51 PM
The move comes amid SBI and other lenders starting insolvency proceedings against the 12 bad loan accounts identified by RBI.
29 Jun 2017 2:57 PM
Consortium of lenders mulls triggering RBI's strategic debt restructuring for ending debt mess.
03 Jun 2017 10:12 AM
The approval is crucial for the troubled conglomerate, which needs billions of dollars in fresh funding
14 Apr 2017 8:43 PM