The investors who were part of the suspended schemes at the time of sidepocketing will get their dues as and when recoveries are made in the segregated portfolio

Some amount of business travel will surely happen, but a bulk of the seats will still remain unsold due to low demand

Coronavirus update: DGCA said that the cancellation refund must be made within a period of three weeks from the date of cancellation of the ticket

A GoAir spokesperson said that it has already \"factored in\" these type of scenario and that the airline will review its earlier scheme of providing rescheduling free of cost at a later date while protecting their existing bookings for one year

Most airlines, including domestic players, have refused to refund customers whose flights either got cancelled due to the suspension of all commercial passenger flights in the wake of 21-day lockdown, or travel restrictions overseas

Goyal was first summoned by the central probe agency on March 18 but he cited the reason of tending to an ill relative for skipping the summons

Rana Kapoor, former managing director and CEO of Yes Bank, was under the Enforcement Directorate (ED) custody till March 20

Indian aviation is staring at grimmer times with demand possibly dipping with the government urging people to cut down on non-essential travel according to a CAPA report

Sensex, Nifty Live News Today: Extending losses, Sensex closed near day's low, falling 1,709 points to 28,896 and Nifty50 ended at 8,468 mark, down 498 points to its previous close.

Sensex Live updates: After recovering from multi-year lows, BSE Sensex ended 1,325 points higher at 34,103 and Nifty closed 433 points higher at 10,023.

India late on Wednesday said it would suspend the vast majority of visas to the country in a wide-reaching attempt to prevent the spread of coronavirus as cases across the region continued to rise

Share Market LIVE: In terms of sector, gains in Financials, FMCG, media and private banks were capped by losses in PSU Bank, metal , IT and pharma scips

RBI's five-page draft scheme clearly says that SBI expressed willingness to invest in YES Bank; this is probably first time that the state-owned lender, with Rs 34 lakh crore assets size, came forward to bail out a new generation private bank

Yes Bank crisis: Governor Das' comments come after RBI imposed restrictions on Yes Bank for a month. Yes Bank depositors can only withdraw Rs 50,000 in that period

YES Bank news: IL&FS, Dewan Housing, Jet Airways, Cox & Kings, CG Power, Cafe Coffee Day, Altico - name a bane of Indian financial services sector and YES Bank was as a key lender

Microsoft Corp  joined the growing number of U.S. companies asking employees to work from home in order to limit exposure to the spreading coronavirus outbreak, as it responded to cases near its Seattle headquarters and in California; A Paytm employee in Gurugram, who returned from Italy, has been tested positive for novel coronavirus, the company said in a statement; IMF chief Kristalina Georgieva called for an all-out, \"no regrets\" response to the new coronavirus epidemic which poses a \"serious threat\" to the global economy. Watch this and more on News Blast.Also read: Taj Mahal on coronavirus alert! Masked personnel, thermal guns welcome tourists

Share Market Update: BSE 30-share S&P Sensex ended 152 points lower at 41,170 and NSE 50-share index Nifty50 closed 45 points lower at 12,080.

The road connecting Rangpuri on National Highway 8 will be closed for almost a year beginning Wednesday on account of the airport expansion work

It's expected that the domestic capacity in FY20 would be low due to Jet Airways' shutdown, grounding of Boeing 737 Max aircrafts, and issues with the P&W engines for Airbus 320 neo planes (flown by IndiGo and GoAir)

Budget 2020: The aviation sector bore the brunt of Air India's failure as it contributed 61 per cent to total operating losses of all airlines put together in 2018/19. The closure of Jet Airways in April last year also left a big dent on the industry as a whole