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
The cash-strapped airline has already suspended its international operations till April 18.
16 Apr 2019 9:16 PM
Jet Airways is grappling with acute financial crunch and is operating less than 10 planes besides temporary shut downs.
16 Apr 2019 2:25 PM
Airline sources said Jet Airways founder Naresh Goyal has withdrawn the bid for the airline.
16 Apr 2019 1:18 PM
The airline's pilots along with engineers and senior staff were last paid for December, 2018.
15 Apr 2019 11:45 AM
SBI considering a proposal to infuse 10 billion rupees (USD 145 million) to keep the airline afloat.
15 Apr 2019 8:46 AM
The m-cap of Tata Consultancy Services (TCS) slumped Rs 14,146.5 crore to Rs 7,55,636.47 crore.
14 Apr 2019 2:10 PM
The airline currently owes Rs 8,000 crore to lenders, led by the SBI.
11 Apr 2019 1:13 PM
Qualified bidders will be expected to submit their respective binding bid(s) latest by April 30.
11 Apr 2019 11:15 AM
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.
10 Apr 2019 8:38 AM
The e-auction for the NPA accounts -- Kamachi Industries and SNS Starch --is scheduled for April 25, 2019.
08 Apr 2019 2:56 PM
Jet’s lenders, under the proposed bailout terms, would hold just over 50 per cent of the airline.
08 Apr 2019 1:08 PM
Jet Airways, is looking for
08 Apr 2019 9:52 AM
SBI is the lead lender to Jet Airways, which has a debt burden of Rs 8,000 crore.
07 Apr 2019 5:14 PM
This year in January and March State Bank on India has sold Electoral Bonds worth Rs 1716.05 crore, the RTI response said.
02 Apr 2019 12:27 PM
BoB completed share allotment to shareholders Dena Bank and Vijaya Bank as per the scheme of amalgamation.
01 Apr 2019 12:49 PM
The m-cap of RIL zoomed Rs 13,297.66 crore to Rs 8,63,995.66 crore and that of HDFC Bank climbed Rs 12,208.98 crore to Rs 6,30,853.98 crore.
31 Mar 2019 1:01 PM
Banks have moved in to take a majority stake in the airline after Jet failed to convince potential investors.
26 Mar 2019 11:38 AM
The bonds with a face value of Rs 10 lakh each bears a coupon rate of 9.45 per cent per anum.
23 Mar 2019 10:34 AM
government has asked state-run banks, led by SBI, to rescue Jet without pushing it into bankruptcy.
22 Mar 2019 9:44 AM