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BusinessToday.In
New Delhi, March 21, 2019
Bharti Realty has been awarded the right to design, develop, finance, construct, operate, manage and maintain a commercial development project at Gateway and Downtown Districts of Aerocity.


BusinessToday.In
New Delhi, March 21, 2019
SBI has asked Naresh Goyal along with his wife Anita Goyal, Executive Director Gaurang Shetty and Independent Director Nasim Zaidi to step down from Jet board as part of bank-led resolution plan.


PTI
New Delhi, March 21, 2019
Jet pilots along with engineers and senior management have not been paid for more than three months now as the airline is facing its worst existential crisis since its inception a quarter of a century ago.


Manu Kaushik
March 20, 2019
On February 14, the troubled airline Jet Airways announced a bank-led provisional resolution plan (BLPRP) that detailed the plans of Jet's lenders, led by SBI, to take over the airline, and appoint a new board to revive the struggling carrier.


Rajeev Dubey
New Delhi, March 20, 2019
IBC has delivered exceptional value for Binani Cement, Essar Steel & Bhushan Steel; in the choice between the airline and Naresh Goyal, lenders must prejudice themselves in favour of the airline


PTI
New Delhi, March 20, 2019
In September last year, the regulator had decided to levy a nominal fee of Rs 1 lakh per exchange instead of levying charges based on turnover slab rates and proposed to set up a fund with the fee foregone by it.


Anand Adhikari
New Delhi, March 20, 2019
The lenders, led by SBI, have already agreed to convert a part of their Rs 8,000-crore debt into equity to take a majority stake in the Jet Airways, while also pumping in more funds.


PTI
March 20, 2019



PTI
March 20, 2019



PTI
March 20, 2019



PTI
March 20, 2019



BusinessToday.In
March 20, 2019
In addition, it has offered to sell its 50.1% stake in Jet Privilege, estimated to be worth Rs 1,000 crore, to the state-owned bank. This move by the Gulf carrier threatens to derail Jet Airways' bailout plan


PTI
New Delhi, March 19, 2019
Jet Airways is grappling with acute financial woes that has resulted in grounding of a significant number of planes, defaulting on debt repayments and delay in payment of salaries to pilots and other senior officials.


PTI
March 19, 2019



PTI
March 19, 2019



PTI
March 19, 2019



BusinessToday.In
New Delhi, March 19, 2019
Ericsson case: Mukesh Ambani bails out RCom, Anil Ambani thanks Mukesh and Nita AmbaniAnil Ambani thanked his elder brother and Reliance Industries Chairman Mukesh Ambani for \"timely support\" as Reliance Communications announced that it has made the payment of Rs 550 crore to Ericsson. RCom had already deposited Rs 118 crore with the Supreme Court, followed up by another Rs 3 crore as penaltyinterest. On Monday, it paid up the balance Rs 458.77 crore to Ericsson.Fugitive billion...


BusinessToday.In
New Delhi, March 19, 2019
Shares of Reliance Communications rose 10 per cent in the early day trade after Anil Ambani-led company announced that it had cleared Ericsson dues.


Rukmini Rao
March 19, 2019
Calling this a strategic fit, S N Subrahmanyan, CEO & Managing Director said, \"This acquisition is part of our strategy to deliver industry-leading IT services to our clients worldwide.\"


PTI
March 18, 2019



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