New Delhi [India], June 18 (ANI): Insolvency proceedings against Jet Airways are likely to begin this week as a consortium of lenders led by the State Bank of India (SBI) failed to find a buyer for the beleaguered airline.
New Delhi [India], May 31 (ANI): Airports Authority of India (AAI) signed an agreement with NTrustInfotech - Anarock Consortium for asset rationalization, lease administration and related services on a pan-India basis through cutting edge Lease Administration Technology.
New Delhi [India], May 27 (ANI): Delhi International Airport Limited (DIAL), a GMR Group-led consortium, said on Monday that it is ready for commercial operations of taxibots that enable aircraft taxiing on the runway to tow without running engines.
Mumbai (Maharashtra) [India], Apr 11 (ANI): Multifaceted business conglomerate Essel Group on Thursday said that Kotak Mahindra AMC is also a part of the consortium of lenders with whom it has achieved an arrangement regarding a resolution for the repayment by September 29.
New Delhi [India], Apr 8 (ANI): A consortium of lenders led by State Bank of India (SBI) on Monday invited expressions of interest (EoIs) to buy a stake in financially-strapped Jet Airways and said prospective bidders will need to settle the airline's existing debt.
Mumbai (Maharashtra) [India], Mar 26 (ANI): Hindustan Construction Company (HCC) on Tuesday signed terms with a consortium of investors led by BlackRock, which will seek to monetise an identified pool of arbitration awards and claims for a consideration of Rs 1,750 crore.
Ranchi (Jharkhand) [India], Mar 12 (ANI): The Central Bureau of Investigation on Tuesday registered a case against Ranchi Expressway Limited, Madhucon Group of Companies and officials of Consortium of Banks led by Canara Bank for alleged irregularities in the Ranchi-Jamshedpur (NH-33) projec
Chennai (Tamil Nadu) [India], Mar 4 (ANI): Hindustan Oil Exploration Corporation (HOEC) said on Monday that it has been awarded the contract of exploring Umatara field in Assam in consortium with Indian Oil Corporation Limited (IOC).
Mumbai (Maharashtra) [India], Feb 20 (ANI): The Consortium of Indian Petroleum Dealers (CIPD) has called for a 20-minute shutdown of fuel stations in Maharashtra from 7 pm today in memory of the 40 CRPF personnel who were killed in the Pulwama terror attack.
Mumbai (Maharashtra) [India], Feb 5 (ANI): The Enforcement Directorate (ED) on Tuesday filed a reply in connection with the plea of a consortium of banks led by State Bank of India (SBI) in the special court of Prevention of Money Laundering Act (PMLA), seeking immediate and speedy liquidati
New Delhi [India] Jan 16 (ANI): The Sustainable Bioenergy Research Consortium (SBRC) on Wednesday announced the world's first commercial flight using locally produced sustainable fuel on an Etihad Airways Boeing 787 powered by GE's GEnx-1B engines.
New Delhi [India], Dec 14 (ANI): The Enforcement Directorate (ED) has provisionally attached movable and immovable property worth Rs. 73.26 crore of M/s REI Agro Ltd and the beneficiary owners, in connection with a bank fraud case, initiated based on the FIR registered by Central Bureau of I