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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



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.


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



BusinessToday.In
New Delhi, March 17, 2019
This would be the first set of bids that will be opened under the asset monetisation process as part of the resolution process by Uday Kotak-led new board of IL&FS group.


Manu Kaushik
New Delhi, March 17, 2019
Just last quarter there were indications that the industry was on the verge of mild recovery, even though the distress in the industry is far from over.


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.


PTI
March 15, 2019
According to the draft resolution plan, Etihad will bring in around Rs 1,800 crore as fresh equity and increase its stake to 24.9 percent, while Naresh Goyal will chip in with Rs 750 crore. The rest of the Rs 3,800 crore come from other investors.


PTI
March 15, 2019
The BSNL CMD had stressed that with the telecom department's support, there would be no delay in salary disbursement in coming months.


PTI
March 15, 2019
With the support of DoT, there will not be further delay in salary disbursement in the coming months, says CMD.


BusinessToday.In
New Delhi, March 14, 2019
The deal could mark a deeper penetration for the Japanese company's Indian subsidiary into the Indian entertainment space.


PTI
March 13, 2019
The pledged shares belonged to promoters including that of Ambani, his family members and RCom group entities, according to a BSE filing.


BusinessToday.In
New Delhi, March 13, 2019
While RCom and its financial lenders fight over the Rs 260 crore tax refund that the company wants to tap to repay Ericcson, the appellate tribunal warns that failure to make the payment will compel it to pass orders for insolvency.


PTI
March 12, 2019



PTI
March 12, 2019



PTI
Washington, March 12, 2019
US President Donald Trump on Monday proposed $1 billion funding towards advancing a free and open Indo-Pacific.


PTI
March 11, 2019



BusinessToday.In
New Delhi, March 11, 2019
Lok Sabha election dates announced: What exactly is the Model Code of Conduct?The Election Commission of India has declared the schedule for 2019's Lok Sabha elections, which will be held in seven phases from April 11 to May 19 and votes will be counting on May 23. Sunil Arora, Chief Election Commissioner announced the imposition of 'Model Code of Conduct' (MCC) with immediate effect from yesterday. He also asked all political parties to strictly adhere with the MCC.The MCC comes into effect ...


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