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Civil Aviation Secretary Pradeep Singh Kharola had earlier said that the airline would fly just 6-7 aircraft on Saturday and Sunday. At its peak, the airline flew a 119-aircraft fleet.

Tesla’s announcement also said it would begin leasing the Model 3, but would not offer customers the option to buy the cars after their leases expired, a departure from the typical industry practice and its

The company, which is also the second most valued listed company, reported an 18.5 per cent rise in revenue for the quarter under review to Rs 38,010 crore from Rs 32,075 crore in the corresponding

The regulator also allowed pass through of coal costs, subject to a cap of $110/tonne. Additionally, it allowed extension of PPA with GUVNL by another 10 years after completion of the 25-year tenure by 2032.

According to sources, SBI Capital Markets (SBICAPs), which is overseeing the process of Jet Airways’ stake sale on behalf of Jet’s lenders led by SBI, received at least six initial bids from parties including private

Manufacturing output in Index of Industrial Production (IIP) slipped again into negative territory after a gap of two months, contracting 0.3 per cent in February as against a growth of 8.4 per cent in the

Banks wrote off a whopping Rs 1,56,702 crore of non-performing loans during the nine-month ended December 2018, taking the total loan writeoff to over Rs 7,00,000 crore in the last 10 years, according to figures

The Tata group's cash-cow delivered a net income of Rs 31,472 crore for fiscal 2019 under the Ind-AS accounting, up21.9 per cent over the previous year.

The development comes hours after the Jet Airways extended the suspension of its international operations till next Monday due to severe liquidity issues.

The inflation based on Consumer Price Index (CPI) was 2.57 per cent in February this year. On yearly basis, it was 4.28 per cent in March 2018.

Jet Airways’ pilots’ body, the National Aviators Guild (NAG), on Tuesday had served a legal notice to the airline, setting an April 14 deadline for the new management to clear the employees' salary dues.

The IPO, which could value Uber at around $100 billion, is expected to reverberate through global financial markets and to solidify the company’s position as one of the most consequential technology firms of the past

The announcement comes at a time when airfares have been on an upswing across India for the last few weeks due to sharp decline in number of flights primarily caused by grounding of around 90

Cash-strapped Jet Airways on Thursday grounded its services to and from the East and Northeast regions. It also suspended its international operations for a day.

Gopinath told Reuters in an interview that such a conflict would affect exports from many more countries and impose retaliatory duties on US goods from numerous trading partners.

According to industry sources, the airline is set to operate only five departures from Mumbai, one from Bengaluru and about 20 from Delhi on Friday.

The sharp surge in Mudra loans, meant for micro and small entrepreneurs, comes in the backdrop of ongoing general elections. Government sources said banks typically step up lending under the scheme towards the end of

Last month, Goyal stepped down as the chairman of the airline as part of a debt-resolution plan. This is expected to enable the banks to fund a suitor for the ailing carrier.

Under the current ‘point of connection’ (PoC) mechanism, the allocation of such charges is decided in advance based on projected load/generation for next quarter.

Out of a strength of about 670 planes, India has lost 117 airliners in recent months.

According to a TransUnion CIBIL-SIDBI report, commercial credit growth has continued to rise at 14.4 per cent year-on-year (y-o-y) in the quarter ended December 2018.

According to data released by the Reserve Bank of India on Thursday, bank credit rose 13.24 per cent to Rs 97.67 lakh crore for the fortnight to March 29, 2019 from Rs 86.25 lakh crore

The court had last week warned the brothers that they could be sent to jail if it was found that they had disobeyed its orders.

Naresh Goyal, the founder of Jet Airways, and his wife Anita Goyal last month stepped down from the board of the ailing airline, ceding majority control.

The institutional mechanisms for resolution and the recognition of NPLs are, of course, an extremely important part of the process of cleaning up the banking system of non-performing loans.