Search Results for: loan waiver

India may continue to buy Iranian oil amid US ending waiver

India was among eight nations which were granted waivers from US sanctions on Iran. The countries included China, Japan, South Korea, Turkey, Taiwan, Italy and Greece

Apr 23, 2019

US likely to end sanctions waiver for India, 7 others on Iran oil: Report

US President Donald Trump has been clear to his national security team over the last few weeks that he wants the waivers to end, and national security adviser John Bolton has been working the issue within the administration.

Apr 22, 2019

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Week of F&O expiry, Lok Sabha elections expected to keep the markets choppy

Positive sentiment expected to carry forward from last week with earnings season underway and near-normal monsoon prediction.

Apr 21, 2019

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Tata group secures controlling stake in Air Asia India; infuses Rs 500 crore

After the investment, the group is now holding controlling stakes in two private airlines operating in India, the other being Vistara where Tatas controls 51 per cent.

Apr 18, 2019

Reliance Jio's fibre unit readies Rs 27,000 crore war chest to fund expansion

The funds will be used by the company to expand its data network and attract users from other companies and businesses.

Apr 15, 2019

IL&FS Chairman Ramesh Bawa arrested for massive loan defaults

The former top executive has been held under Section 447 of the Companies Act that enables SFIO to arrest a person for committing fraud.

Apr 13, 2019

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Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

Jet Airways founder's expression of interest in debt resolution plan puts banks that ousted him as chairman in a fix while reports of PMO's interest add to uncertainty

Apr 13, 2019

Once bitten, twice shy: Roots of Etihad's reluctance over Jet Airways rescue plan

Etihad's non-binding expression of interest in Jet rescue plan is only the first step in a long and cautious journey for UAE national carrier in a bid to avoid pitfalls it stepped into earlier.

Apr 12, 2019

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

There were reports that Tata Sons, which has major stakes in Vistara and Air Asia India, might be interested in Jet Airways.

Apr 11, 2019

Rajpal Yadav with his daughters and wife Radha

Comedian Rajpal Yadav's message to daughter on her half-birthday is winning hearts

Bollywood comedian Rajpal Yadav posted a sweet message for his baby daughter's half-birthday on April 10, and its winning hearts.

Apr 10, 2019

Downfall of Jet Airways: How India's premium airline crumbled

Jet Airways has posted losses in eight of the past 10 years and its share of the domestic passenger market has fallen to about 15.5% in 2018 from 22.5% in 2015. About 60%, or more than $600 mn, has been wiped off Jet's market value over the past year.

Apr 10, 2019

Jet Airways on borrowed time as investors cold to lenders' rescue plan

The SBI-led banks' consortium hints at investment possibility of up to 75% stake in debt-laden Jet while expression of interest is set to close on Wednesday.

Apr 9, 2019

UK High Court rejects Vijay Mallya's plea to appeal against his extradition

Westminster Magistrates' Court Chief Magistrate Judge Emma Arbuthnot had then sent Mallya's case to Home Secretary Sajid Javed, who had also cleared the extradition.

Apr 8, 2019

Amit Shah filed 'false affidavit', disqualify him from contesting LS polls: Congress tells EC

Congress said that Amit Shah has once again filed a false affidavit with two glaring omissions. The first one was with regard to a plot in Gandhinagar and second with regard to loans taken from a commercial bank by his son for which he is the guarantor.

Apr 6, 2019

Jet Airways crisis deepens, lessors ask DGCA to de-register more planes over 10 days

About six lessors are expected to apply to the Directorate General of Civil Aviation (DGCA) to de-register up to 15 planes that have already been grounded, over the next 10 days.