Search Results for: job losses

An aircraft of India's Jet Airways lands

Jet Airways debt burden: Troubled airline scrambling to avoid loan repayment default

The full-service airline has written to a consortium of overseas lenders, in which it has requested that a loan covenant on its existing debt terms be waived. The lenders had put a condition of a minimum profit of $50 million for FY19 and Jet has said it wouldn't be able to fulfil this condition.

Aug 14, 2018

Srinivasa Kalyanam 4-day box office collection: Nithiin scores yet another dud

Actor Nithiin's Srinivasa Kalyanam has collected Rs 17.20 crore gross at the worldwide box office in the four-day extended first weekend. This has ended up becoming yet another dud for him after Lie and Chal Mohan Ranga.

Aug 14, 2018

Embattled business tycoon Vijay Mallya's London mansion has a golden toilet: Report

If you think the King of 'Good Times', who is struggling to pay back his bank loans, is having a tough life in London, you are mistaken.

Aug 11, 2018

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways has debunked rumours of pay cut and job losses but the shares have been on free fall. Meanwhile a new report says the carrier needs a huge cash infusion immediately to stay afloat.

Aug 10, 2018

Jet Airways' Naresh Goyal apologises to shareholders for losses and plummeting shares in glum Q1

Naresh Goyal, the chairman and founder, spoke to the company's shareholders during the annual general meeting and said that he was unhappy as a lot of shareholders had lost their money amid Jet Airways' financial issues.

Aug 10, 2018

Bhushan Steel ex MD Neeraj Singhal arrested for siphoning funds worth Rs 2,000 cr

The investigating team stated that the ex-MD was guilty under Companies Act, 2013.

Aug 10, 2018

Srinivasa Kalyanam full movie leaked on torrents: Free download to affect box office collection

Nithiin's Srinivasa Kalyanam has become a victim of piracy as the full movie was leaked on torrent sites for free download on its opening day. This is likely to affect its collection at the box office.

Aug 9, 2018

New US sanctions hit Russian market; rouble hits two-year low

The Russian currency is on track for its deepest weekly fall since early April when it lost 6.7 percent.

Aug 9, 2018

atf prices in india, jet fuel prices in india, air india stake sale, air india market share, air india losses, spicejet, indigo

Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

The aviation ministry has sought for a cap of $500 million (Rs 34.5 billion) for a single company and $1 billion (Rs 69 billion) for the entire aviation sector.

Aug 9, 2018

india forex reserves, fii buying, rbi data on foreign exchange reserves, fii debt buying, fii equity buying, indian stock markets, foreign investors in indian stock markets, pm modi, modi govt completes 3 years

Dollar's march higher to run out of road within next six months: poll

Economists who had accurately forecast the US economy to expand 4.1 percent in the quarter just ended said that may be the peak for the world's largest economy.

Aug 9, 2018

Brand Babu full movie leaked on torrent sites: Free download to affect box office collection

Brand Babu starring Sumanth Shailendra, Eesha Rebba and Murali Sharma was leaked on the torrent sites. The free download could affect its collections at the box office.

Aug 8, 2018

Lord's Test: Batting woes persist for India; does the onus lie on bowlers to help team beat England?

Playing a single three-day warm-up match was always going to be a risk in such tough conditions. The fact that the Indian team had asked for a day to be slashed only adds insult to the injury.

Aug 7, 2018

jet airways, jet indian pilots, jet expat pilots, jet airways share price, National Aviator's Guild

Jet Airways refutes reports of pay cuts and stake sale, calls them 'factually incorrect' and 'malicious'

Jet Airways CEO Vinay Dube on Friday, August 3, said that the carrier wasn't facing issues and was consistently taking up several measures to cut costs without affecting the employees. He added that the reports of pay cuts and stake sale were not just "factually incorrect, but also malicious."

Aug 4, 2018

End of the road for Jet Airways? Company may have to ground operations in 60 days

The company has reportedly told its staff that it will have to close operations within 60 days if it does not implement drastic cost-cutting measures, including more pay cuts and job losses.

Aug 3, 2018

Jet Airways pay cut: Pilots livid over 15% dip in salary, airline plans stake sale

The pilots of Jet Airways are said to be livid about the 15 percent pay cut and have blamed the management for the losses the airline has incurred. They said that the management must not unilaterally impose a salary cut and added that it was their inefficiency that caused the trouble.

Aug 3, 2018

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Search Results for: job losses

Jet Airways debt burden: Troubled airline scrambling to avoid loan repayment default

Srinivasa Kalyanam 4-day box office collection: Nithiin scores yet another dud

Embattled business tycoon Vijay Mallya's London mansion has a golden toilet: Report

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways' Naresh Goyal apologises to shareholders for losses and plummeting shares in glum Q1

Bhushan Steel ex MD Neeraj Singhal arrested for siphoning funds worth Rs 2,000 cr

Srinivasa Kalyanam full movie leaked on torrents: Free download to affect box office collection

New US sanctions hit Russian market; rouble hits two-year low

Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

Dollar's march higher to run out of road within next six months: poll

Brand Babu full movie leaked on torrent sites: Free download to affect box office collection

Lord's Test: Batting woes persist for India; does the onus lie on bowlers to help team beat England?

Jet Airways refutes reports of pay cuts and stake sale, calls them 'factually incorrect' and 'malicious'

End of the road for Jet Airways? Company may have to ground operations in 60 days

Jet Airways pay cut: Pilots livid over 15% dip in salary, airline plans stake sale

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]