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PTI
March 21, 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.


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



Anand Adhikari
New Delhi, March 20, 2019
The lenders, led by SBI, have already agreed to convert a part of their Rs 8,000-crore debt into equity to take a majority stake in the Jet Airways, while also pumping in more funds.


PTI
March 20, 2019



PTI
March 20, 2019



PTI
March 20, 2019



PTI
March 20, 2019



PTI
March 20, 2019



PTI
March 20, 2019



PTI
March 19, 2019



BusinessToday.In
New Delhi, March 19, 2019
Airbnb, which is planning to go public by next year, has been looking towards India and China to meet its growth goals, and OYO with its sizeable footprint in these two markets fits in neatly with these plans.


PTI
March 19, 2019



PTI
March 19, 2019



PTI
March 18, 2019
A bench of Chief Justice Rajendra Menon and Justice A J Bhambhani noted the submissions of the ED that a case has been registered under provisions of the Foreign Exchange Management Act (FEMA) against the two companies and disposed of a PIL which has alleged that the e-commerce giants were violating foreign direct investment (FDI) norms.


Anand Adhikari
March 18, 2019
As per the current plan of lenders, the SBI-led consortium of banks will have at least one nominee director to start with. \"We can push for more,\" says one of the lenders in the know of details.


PTI
March 18, 2019



PTI
March 17, 2019



PTI
New Delhi, March 17, 2019
Reliance Industries (RIL), TCS, HDFC Bank, HDFC, Infosys, SBI, ICICI Bank and Kotak Mahindra Bank were on the gainers side, while HUL and ITC suffered losses.


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