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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.


PTI
March 20, 2019



PTI
March 20, 2019



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


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



PTI
March 20, 2019



PTI
New Delhi, March 20, 2019
The board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank or LIC Bank following the takeover by LIC


PTI
March 20, 2019



PTI
March 20, 2019



BusinessToday.In
New Delhi, March 20, 2019
Vodafone Idea's board approved issuance of 2,000 crore fully paid up equity shares (face value of Rs 10 each) at a price of Rs 12.5 per share by way of a rights issue to the eligible shareholders as on the record date April 02, 2019.


PTI
March 20, 2019



BusinessToday.In
March 20, 2019
The market has turned flat following Nifty trading down by 0.08 per cent and Sensex up by 0.09 per cent.


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
March 19, 2019



PTI
March 19, 2019



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