The Jet Airways assets up for sale include 14 aircraft, including 10 Boeing planes, 49 per cent stake in Jet Privilege and a few buildings. The process is expected to be completed by September 20

The tribunal allowed prosecution of C Sivasnkaran and his group as the probe has revealed that management of IFIN abused their position by giving loans to the Siva group as some group companies failed to repay the earlier loans granted to them by IFIN.

State Bank of India, the lead bank in the consortium, made a claim of Rs 1,644 crore, including cash credit inclusive of interest, term loans and bank guarantees issued but not invoked

The government said the National Company Law Appellate Tribunal, which is seized of a matter related to the JIL homebuyers case, is scheduled to hear the issue on July 22

For companies that are not able to spend their full amount for CSR activities in ongoing projects within a particular financial year, the money can be transferred to a CSR account. The latter amount has to be spent within the next three financial years

Last week, the Kolkata-headquartered lender had disclosed to the RBI about a fraud of Rs 1,774.82 crore by Bhushan Steel and Power

Earlier this month, Punjab National Bank said it had reported a borrowing fraud of Rs 3,805 crore in Bhushan Power's account to the Reserve Bank of India