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In absolute terms, the total exposure is Rs 140 crore in two funds. In the first case, it is Rs 40 crore out of a fund size of Rs 5,500 crore, and Rs 100 crore in another fund of Rs 4,000 crore

Jet Airways crisis: Over 20,000 employees of Jet Airways are facing an unprecedented crisis since they have not been paid their salaries and wages since January

A maximum of 58 per cent rise in fare was seen on the Mumbai-Toronto route in June, followed by 49 per cent on the Mumbai-New York route; the Mumbai-Singapore route saw 36 per cent rise in fare

Maruti Suzuki India shut production for a day on Monday at its Manesar plant in Gurgaon to manage rising inventory levels, Reliance has signed up Armani's sportswear brand EA7 as well as British high-street labels All Saints and Kurt Geiger, Rahul Gandhi stays firm on stepping down as party chief and other news on NewsBlast.

Following the closure of Jet Airways' operations, SpiceJet, Vistara and AirAsia had approached the airline to buy its narrow-bodied aircraft B737

Crucial differences include pace of expansion, use of aircraft for overseas operations and recent management changes; it seems Gangwal's signature is written all over IndiGo's current strategy

After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board, which ceased operations around mid-April

Although the co-founders of the airline, Rahul Bhatia and Rakesh Gangwal, have a nearly equal stake in the airline, the shareholders' agreement in slanted in favour of the former. This, along with their divergent views on IndiGo's expansion, has caused the rift between the promoters

The Gulf carrier has submitted a formal request to the Indian authorities for an additional capacity on a temporary operating permit basis to meet the air traffic demand in Qatar-India routes

The tussle between the two has escalated with Bhatia unsure about Gangwal's aggressive approach to expanding overseas and his greater control over the airline after changes on key posts

The board expects to recover over Rs 10 crore from each former director and as much as Rs 2 crore from each independent director per year if the bonus clawback proposal is cleared. However, this is contingent on the Supreme Court vacating its stay on the reopening and recasting of IL&FS' books

The 'D/L' meant 'Death/Life', and the poll had shown 69% of the girl's followers chose 'D', says Malaysian police

India's request to extradite Mallya was approved by UK home secretary in February this year

The company also fits into Mahindra's larger healthcare strategy which is focused on the delivery side with a bias towards single speciality

This represents the largest primary financing round in the online grocery sector in India

The five-bedroom apartment has an immaculately landscaped rooftop terrace with a pool designed by world-renowned landscape designer Vladimir Djurovic

Jet Airways crisis: Qatar Airways' request to be allotted more seats comes amid the Indian government's decision to cut the number of seats allotted to Jet Airways in the route

With Rs 76,000 crore exposure to NBFCs, debt MFs should stay prepared for more defaults

Two staff unions, SWIP and JAMEVA, have requested SBI to consider the \"employee consortium\" as an intending bidder and say they can bring in up to Rs 7,000 cr from employees' contributions over time as well as external investors