Jet Airways grounds seven more planes as crisis deepens
Only 42 of its 119 planes in operation
Jet Airways grounded seven more aircraft on Saturday amid deeping crisis over non-payment of lease rentals.
This takes...
RBI defers implementing Ind AS, yet again
Pending legislative amendments hold up new norms; delay, a relief for banks on capital requirement
The Reserve Bank of India (RBI) has deferred the implementation...
Canara Bank issues bonds to raise up to $400 mn via London branch
Bonds carry coupon of 3.875% payable half-yearly
State-owned Canara Bank on Friday said it had launched a bond issuance programme through its London branch to...
Amid crisis, Jet Airways pilots hop on to other carriers
Many Boeing 737-800 pilots have opted for SpiceJet
As Jet Airways makes an effort to get the cash-strapped airline back on track, its pilots have...
Govt. earns ₹85,000 crore from disinvestment, overshoots target
DIPAM realised proceeds via 28 transactions; this year’s target was ₹80,000 crore
The government has overshot its disinvestment target for the second consecutive year, according...
Debt MFs’ allocation to govt. securities halves in 11 months
Exposure to NBFCs falls over 7 months
Debt mutual fund schemes are playing safe after bitter experiences in the last few months due to exposure...
Jet Airways pilots threaten to stop flying over non-payment of salaries
The pilots and other senior staff have not been paid full salaries since December.
Jet Airways pilots on Tuesday threatened to stop flying from April...
L&T offers Dil & Pyar, Mindtree founders say ‘let’s spar’
Not a ‘hostile takeover’ insists Larsen & Toubro CEO S.N. Subrahmanyan; grave threat to a unique organisation, says IT firm
A day after acquiring 20.32%...
Mindtree promoters unconditionally oppose L&T’s ‘hostile’ takeover bid
Mindtree promoters, who hold around 13.3% stake in the global information technology (IT) consulting and services firm, have decided to unconditionally oppose what they...
Rupee falls against US dollar in early trade
At the interbank forex market, the rupee opened lower at 69.11 and weakened further to 69.17 on increased demand from importers.
The rupee fell 19...
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