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3 mins read
Indian conglomerate Tata is in talks to buy out troubled carrier Jet Airways in a deal that could create one of the country's largest airlines
The second part of the deal, however, is where it gets tricky for Jet Airways. Goyal is…
2 mins read
Jet Airways has a plan to stave off a potential bankruptcy
Jet Airways hasn’t had an easy go of it as of late. Following a brief spell of profitability a few …
5 mins read
SBI slashes home loan rates, here's a comparison of home loan rates of all major banks in India
SBI has recently revised the interest rates on its loans which work out to the advantage of the bo…
1 min read
Jet Airways Hopes To Turn Around In 18 Months
India’s second biggest carrier said it would try and return to profit in 18 months.
2 mins read
Jet’s partner Etihad submits a conditional bid for the cash-strapped airline — and wants to remain a minority owner
Jet’s creditors have taken a majority stake in the airline and are selling their equity holding…
3 mins read
An Indian bank is still making the same mistake of hiding the worst and hoping for the best
To start with, Mumbai-based IndusInd’s profits fell by 62% in the fourth quarter compared to ₹9.5 …
2 mins read
Bankrupt South African Airways just debuted its newest plane, the Airbus A350, weeks early despite verging on the brink of collapse
The debut of a new aircraft is typically a positive sign for any airline, but the A350's induction …
Thomas Pallini
2 mins read
Ready to take off – Rakesh Jhunjhunwala's Akasa Air receives its first Boeing aircraft
Rakesh Jhunjhunwala’s Akasa Air on Thursday announced that it has received the delivery of its firs…
2 mins read
India has 3x more women pilots than the global average
There are at least 15% women pilots in India out of the total number of pilots.This percentage is t…
3 mins read
Cooling crude oil prices – companies in these sectors could benefit the most
Cooling crude oil prices could bring relief to governments, companies and common people alike acros…
5 mins read
The future of Future and three probable scenarios
After making a big hullabaloo for over 18 months, Mukesh Ambani-led Reliance Industries has finally…
1 min read
A timeline of troubles at YES Bank
While the Reserve Bank of India (RBI) decided to supersede the board of YES Bank yesterday (March 5…
2 mins read
India's second-largest airline is shutting down after running out of money
"Since no emergency funding from the lenders or any other source is forthcoming, the airline will n…
Graham Rapier
3 mins read
Yes Bank: ED questions Anil Ambani for 9 hrs; Subhash Chandra called again
"He reiterated that the Reliance Group's entire exposure to Yes Bank is fully secured and transacte…
PTI
1 min read
Reliance Group said its entire debt from Yes Bank is secured; committed to repay
As many as 44 companies belonging to 10 large business groups reportedly accounted for bad loans o…
PTI
4 mins read
Rival airlines are hiking prices by as much as 400% after Thomas Cook collapsed
The newspaper also reported on a TUI airline return flight from Scotland to the Canary Islands that…
Sinéad Baker,Sinéad Baker,Sin…
4 mins read
The fall of Yes Bank founder Rana Kapoor from a billion dollars to facing a ₹4300 crore investigation
India’s second richest banker Rana Kapoor — former MD and CEO of troubled Yes Bank — was taken in…
5 mins read
Yes Bank crisis and its domino effect on bonds, mutual funds and other corporate defaults
The challenges in the face of the Yes Bank crisis are likely to be temporary, since they are a dire…
3 mins read
The best airline in the world is coming to America with its newest plane
Al Baker's fellow Middle Eastern airline CEO echos his sentiments. "At the end of the day. We have …
7 mins read
Etihad's grand plan to dominate global aviation may be in deep trouble
Over the past few years, Etihad embarked on an equity-acquisition spree that has seen the carrier t…