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Total 170 results found. Search for [ emergency funding ]

Results 40 to 60 of 170
BusinessToday.In
New Delhi, April 16, 2019
\"The company has reached out to our lead lender, State Bank of India yet again and stressed on the need for urgent funding requirements, critical to the continuation of the operations of our airline,\" said Vinay Dube, Chief Executive Officer of Jet Airways.


Prosenjit Datta
April 16, 2019
The bankers are well aware that if they don't give out the money, the Jet board has recommended stopping operations


PTI
April 16, 2019



PTI
April 16, 2019



BusinessToday.In
April 16, 2019
Shares of low-cost carrier SpiceJet gained as much as 13.75 per cent to Rs 135.80, close to its 52-week high level of Rs 139 touched on April 18, 2018, after the airline said it will add five 90-seater Q400 aircraft taking its Bombardier fleet size to 32.


BusinessToday.In
New Delhi, April 16, 2019
Goyal's ouster from the bidding process comes despite SBI Chairman Rajnish Kumar saying that \"nobody is barred from bidding or taking over the airline\" as per the rules.


PTI
April 16, 2019



BusinessToday.In
New Delhi, April 16, 2019
Some of Jet Airways' lenders want founder Naresh Goyal to pledge more of his shares as collateral for advancing further loans. The airline's management is due to meet today to consider next steps


PTI
April 15, 2019
Jet Airways has only seven planes, including six turbo propelled ones used for shorter hauls, flying at present, way below its peak of 123 planes in December


Manu Kaushik & Anand Adhikari
New Delhi, April 17, 2019
Can India's premier airline be rescued?


PTI
April 12, 2019



BusinessToday.In
New Delhi, April 10, 2019
The revival plan for the airline drawn up by the SBI-led consortium had included an emergency interim funding of Rs 1,500 crore, but that full amount is yet to come. Goyal currently owns around a 22% stake in the airline


PTI
April 4, 2019



PTI
April 4, 2019



BusinessToday.In
April 4, 2019
The recent Supreme Court ruling that struck down the RBI's February 12 circular - outlining a revised framework for resolution of stressed assets - may throw a spanner in the works for the airline already battling crises on multiple fronts


PTI
April 3, 2019
The airline had been delaying the salaries of its pilots, engineers and senior staff since August who has not been paid since January


PTI
Mumbai, April 3, 2019
With 15 more planes out of operations, its fleet has woefully come down to just 20 from as high as 123, operating over 650 flights across the country and the continents


BusinessToday.In
March 30, 2019
\"The repayment of the External Commercial Borrowing, availed by the Company for working capital purposes, falling due on 28 March 2019, has been delayed owing to temporary liquidity constraints and the Company has engaged with the Lender in relation to the same,\" Jet Airways quoted in an exchange filing without divulging any further details on the matter.


PTI
March 26, 2019



BusinessToday.In
New Delhi, March 21, 2019
SBI has asked Naresh Goyal along with his wife Anita Goyal, Executive Director Gaurang Shetty and Independent Director Nasim Zaidi to step down from Jet board as part of bank-led resolution plan.


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