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BusinessToday.In
New Delhi, April 9, 2019
HDFC Bank to raise Rs 50,000 crore via debt issue this fiscalPrivate sector lender HDFC Bank on Monday said it plans to raise fund up to Rs 50,000 crore by issuing debt instruments over the next 12 months.The bank will raise capital over the period of next twelve months through private placement mode, it said in the exchange filing.The board of directors would consider this proposal at its ensuing board meeting to be held on April 20, 2019, it added.India highest recipient of remittances at U...


BusinessToday.In
New Delhi, April 8, 2019
Mallya who is facing charges of fraud, money laundering and violation of FEMA had earlier appealed at the UK High Court against UK Home Secretary Sajid Javid's extradition decision.


Reuters
April 6, 2019
This deepens the crisis for Jet Airways that has had to ground more than three-quarters of its fleet of 119 planes, many due to non-payment to lessors, leading to hundreds of flight cancellations.


BusinessToday.In
April 3, 2019
Civil Aviation Minister Suresh Prabhu said that the government should not be involved in deals which would be seen or actually result in either favouritism


BusinessToday.In
March 26, 2019
Fugitive businessman Vijay Mallya in a series of tweets reacted sharply to State Bank of India-led consortium taking management control of the cash-strapped Jet Airways saying that he wished the same was done for Kingfisher as well.


Reuters
New Delhi, March 16, 2019
Two lessors have applied to the Directorate General of Civil Aviation (DGCA) to deregister at least five planes leased to cash-strapped Jet Airways.


Manu Kaushik
New Delhi, March 5, 2019
Jet Airways' lenders have worked out a survival plan. Will it work?


Reuters
February 22, 2019
Jet Airways said on Thursday that five planes had been grounded due to non-payment of dues to lessors, as reported to regulators.


BusinessToday.In
New Delhi, January 15, 2019
The regulatory body for civil aviation in an audit reportedly said delayed salaries were a Type 2 risk but the airline has denied this.


E Kumar Sharma
New Delhi, January 7, 2019
Despite tighter corporate governance norms that Satyam scam triggered, India Inc continues to shock investors.


PTI
December 10, 2018



BusinessToday.In
New Delhi, December 10, 2018
Mallya had earlier said that he \"did not borrow a single rupee. The borrower was Kingfisher Airlines\".


PTI
December 10, 2018
Mallya is set to appear before the Westminster Magistrates' Court as his extradition trial is listed for a judgment hand-down.


PTI
December 9, 2018
He has contested his extradition on the grounds that the case against him is \"politically motivated\" and the loans he has been accused of defrauding on were sought to keep his now-defunct airline afloat.


PTI
December 9, 2018



PTI
December 9, 2018



PTI
December 9, 2018



BusinessToday.In
New Delhi, December 7, 2018
OPEC to consider views of PM Modi, other world leaders before cutting oil production, says Saudi ministerOil cartel OPEC will consider views of world leaders such as Prime Minister Narendra Modi, who represent the voice of major consuming nations, with seriousness before taking a decision on cutting output to support falling prices, Saudi oil minister Khalid Al Falih said . India is the world's third largest oil consuming nation, which is more than 80 per cent dependent on imports to meet its...


BusinessToday.In
New Delhi, October 15, 2018
The Mumbai-based full-service airline has been suffering from the cash crunch for the past few months, resulting in constant delays in the salaries of its employees.


BusinessToday.In
New Delhi, June 19, 2018
ICICI Bank CEO Chanda Kochhar to be on leave till probe is over, Sandeep Bakhshi named COOThe ICICI Bank's Board of Directors has said that Chanda Kochhar, MD and CEO of ICICI Bank, will be on leave till the ongoing independent enquiry against her is completed. In its meeting, the Board also appointed Sandeep Bakhshi as the Whole Time Director and Chief Operating Officer (COO) designate. He will report to the ICICI Bank CEO. In its regulatory filing, ICICI Bank has also establishe...


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