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PTI
March 20, 2019



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.


Rajeev Dubey
New Delhi, March 20, 2019
IBC has delivered exceptional value for Binani Cement, Essar Steel & Bhushan Steel; in the choice between the airline and Naresh Goyal, lenders must prejudice themselves in favour of the airline


BusinessToday.In
March 20, 2019
The bank is looking to sell all of them on a 100% cash basis, but the actual realisation will, of course, depend on the reserve price and bids from the buyers


BusinessToday.In
March 20, 2019
Congress leader Ghulam Nabi Azad stated that the current government allowed Nirav Modi to flee and is now extraditing ahead of the 2019 Lok Sabha elections.


PTI
New Delhi, March 20, 2019
The board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank or LIC Bank following the takeover by LIC


PTI
March 20, 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
March 19, 2019



PTI
New Delhi, March 19, 2019
A two-member NCLAT bench, headed by Justice S J Mukhopadhaya, has said that it would hear the RBI on the issue.


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



PTI
March 19, 2019



PTI
March 19, 2019



PTI
March 19, 2019



PTI
March 19, 2019



PTI
March 19, 2019



PTI
March 19, 2019



PTI
New Delhi, March 18, 2019
The panel is undertaking a comprehensive review of the sector to identify causes and propose long-term solutions for its development, theRBI said in a statement.


PTI
March 18, 2019



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