Goyal was first summoned by the central probe agency on March 18 but he cited the reason of tending to an ill relative for skipping the summons

Rana Kapoor, former managing director and CEO of Yes Bank, was under the Enforcement Directorate (ED) custody till March 20

ED is probing money laundering charges against YES Bank founder Rana Kapoor; Anil Ambani's group companies took loans worth Rs 12,800 crore from the cash-strapped bank

Yes Bank updates: An ED official said that the agency was drawing up a list of all the big borrowers and hence each of these borrowers have been asked to join the probe

Sensex Live updates: After recovering from multi-year lows, BSE Sensex ended 1,325 points higher at 34,103 and Nifty closed 433 points higher at 10,023.

Share Market LIVE: In terms of sector, gains in Financials, FMCG, media and private banks were capped by losses in PSU Bank, metal , IT and pharma scips

RBI's five-page draft scheme clearly says that SBI expressed willingness to invest in YES Bank; this is probably first time that the state-owned lender, with Rs 34 lakh crore assets size, came forward to bail out a new generation private bank

Yes Bank crisis: Governor Das' comments come after RBI imposed restrictions on Yes Bank for a month. Yes Bank depositors can only withdraw Rs 50,000 in that period

UK's domestic airline Flybe, that dominated 40% of the air traffic has gone bankrupt amind coronavirus fear

Former Jet Airways chairman Naresh Goyal who was earlier being probed by the ED in a Foreign Exchange Management Act (FEMA) will now be investigated under the Prevention of Money Laundering Act (PMLA)

The road connecting Rangpuri on National Highway 8 will be closed for almost a year beginning Wednesday on account of the airport expansion work

A team from Far East Asia Development Fund of Russia along with Enso group met the CoC on Monday and has expressed interest in Jet Airways

\"Reduction of corporate tax rate is a first supply side move to get private investment back; for many years, India was disproportionally dependent on consumption driving economic growth and not investment. On demand side, we need to get more confidence,\" says Kotak

The arbitration tribunal order said that \"the induction of a third party in the affairs of MIAL would have its own consequences and it is difficult to foresee them.\"

If the deal is finalised, it will only involve a sale of part of the company's business and not impact the shareholding pattern, Jet said in a statement dated Jan. 16. It did not detail the assets held in Netherlands

Synergy Group Corp had earlier sought more time to complete the due diligence before submitting the final bid

Due to closure of airspace over Delhi on these days, flight operations of all airlines are likely to be impacted

The latest dip in air passengers came on the back of ongoing economic slowdown and the slew of challenges that hounded aviation sector last year

On Wednesday, Jet Airways share was locked in 4.82 per cent upper circuit at Rs 28.25 on the BSE against previous closing price of Rs 26.95. In the last 10 sessions, Jet Airways' share has surged 54 per cent from the level of Rs 18.39 on December 11

Corporates' debt dsitress has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals