The civil aviation ministry in the meanwhile has allotted a significant portion of the airline's slots in major airports to other scheduled carriers. Recently, Jet's CEO, CFO and a couple of other senior management put in their papers.
If the preliminary interest shown by the Hindujas does not move forward, then the lenders will have no option but to take the airline to the National Company Law Tribunal.
In a statement, the Commission said, after the close of polls, all polled EVMs and VVPATs are brought under security cover to designated strongrooms, which are sealed with double locks in the presence
According to sources, ICC globally has roped in around 20 brands as commercial partners for the World Cup, including some Indian brands like Bira91, Royal Stag, MRF Tyres and Britannia, whereas offici
AIDPL is a wholly-owned subsidiary of Adani Properties, which, in turn, is held by the Adani family. It is engaged in real estate and is the holding firm for various real estate special purpose vehicl
In a letter to governor Anandiben Patel, leader of Opposition Gopal Bhargava asked her to direct chief minister Kamal Nath to call a special session to discuss important issues.
While the Sensex rallied 1,421.9 points on Monday, the broader Nifty surged 421.1 points to mark their biggest single-day points rally in the last ten years.
In April, government-owned GAIL (India) had offered Rs 4,800 crore for IL&FS group’s 874 MW (megawatt) wind power portfolio, subject to consent from Orix.
An analysis by Razorpay of all kinds of transactions on its gateway shows consumers tend to opt for netbanking over UPI and wallets for larger payments.
While the Election Commission of India is already using mainstream media to spread awareness on elections, PIB resorted to using memes to strengthen its connect with the youth.
RP Sanjiv Goenka Group-owned Spencer’s Retail announced on Friday that it is set to acquire 100% stake in Nature’s Basket, a wholly-owned subsidiary of Godrej Industries for a cash consideration o
The Indian Hotels Company (IHCL) has signed a strategic partnership with Singapore’s sovereign wealth fund, GIC, for an investment framework of about $600 million over a period of three years from t
The Sensex gained a smart 537.29 points or 1.44% to close at 37,930.77, suggesting investors are pricing in the formation of a stable government. The broader Nifty rallied 150.05 points, or 1.33%, to
A review by FE revealed that at least five firms have got reliefs from the high courts, in what allowed them to defer coughing up an aggregate amount of Rs 430 crore.
Punjab National Bank (PNB) on Thursday said it has terminated the share purchase agreements (SPAs) made with Varde Holdings and General Atlantic for a 13% stake sale in PNB Housing Finance, which was
