Jet Airways will need $1 billion initial working capital, followed by $3 billion over the course of 5-7 years before the airline can break even; it needs to be seen whether the bidders can bankroll these expenses

The move to revive and operate the airline comes after the carrier had to suspend operations due to acute fund crunch an year ago

India Stock Market Highlights Today: ONGC, followed by NTPC, HDFC, Axis Bank, ICICI Bank, PowerGrid and Nestle India were among the top gainer on Sensex pack. On the other hand, TCS, Tech Mahindra, Infosys and Sun Pharma were among the laggards.

Resolution professional Ashish Chhawchharia is in the process of filing an application to secure NCLT's approval for the resolution plan by Kalrock Capital-Murari Lal Jalan combine

The talks are part of a series of negotiations between Boeing and several airlines over jet orders or compensation after the 737 MAX was banned worldwide following two fatal crashes

Jet Airways insolvency: The airline stated that the committee of creditors has not yet concluded the e-voting process under Section 30 (4) of the Insolvency and Bankruptcy Code

Stocks to watch today on September 29: Alkem Labs, IIFL Finance, Shalby, Central Bank of India, Max Healthcare among others are the top stocks to watch out for in Tuesay's trading session

Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer

Asian markets began the fresh trading week with modest gains after data released Sunday showed China's industrial enterprises grew for a fourth consecutive month. European stocks turned positive, tracking global rally

Jet Airways share was stuck in the upper circuit of 5% at Rs 26.60 against previous close of Rs 25.35 on BSE

India Stock Market Highlights Today: On hopes of the US Govt to announce a stimulated package, global markets begun the new trading week with modest gains.

Debt investors need to tread carefully in the fixed income market as the balance sheets of the two biggest issuers - the government and corporate sector - are not in the pink of health

Stocks to watch today on August 31: Adani Ports, Future Enterprises, RIL, ICICI Prudential, Indiabulls Ventures among others are the top stocks to watch out for in Monday's trading session.

The stock has traded in a wide range of Rs 2.7. Stock price of Jet Airways, that suspended operations in April 2019, ended 4.84% higher at Rs 29.25 on BSE.

US tech giants like Google and Facebook announcing big investments in India shows that people are losing trust in China and India is emerging as a big competitor, a top economic advisor to President Donald Trump said on Thursday; British Airways, the world's largest operator of Boeing 747, said late Thursday that it would retire its entire jumbo jet fleet with immediate effect due to the downturn in travel industry caused by the coronavirus pandemic; The US Federal Bureau of Investigation is leading a federal inquiry into the Twitter hacking, two sources familiar with the situation said. Watch this and more on News Blast.Also Read: HCL Tech share price gains over 2% post Q1 earnings

The main reason behind the popularity of e-wallets is cashback offers. In April and May, zero-cash bill payments were made due to lockdown restrictions

Gold functions as a strategic asset in an investor's portfolio, given its ability to act as an effective diversifier, and alleviate losses during tough market conditions and economic downturns

Mahindra & Mahindra Financial Services raised $139.30 million for on-lending, and Adani International Container Terminal $98.51 million

The latest power bank from Xiaomi, with a big upgrade over Power Bank 2, has currently been launched in China, but Xiaomi is likely to bring its latest power bank to other international markets, including India

During such stressful times, investors generally make the mistake of buying low priced stocks or end up investing in cheap cyclical stocks which is the worst mistake they make