SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds received by the airline from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and internal cash accruals.
The statutory inspection for supervisory evaluation (lSE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2021, and the examination of the Risk Assessment Report and all related correspondences pertaining to the same, the central bank said.
Hyderabad (Telangana) [India], May 9 (ANI/SRV): Symbiosis Law School, Hyderabad (SLSH), a constituent of Symbiosis International (Deemed University,) Pune (SIU), has announced the admission process for its one-year LL.M. programme for the academic year 2023-24. The programme offers specializ
As the National Company Law Tribunal (NCLT) issued notice to SpiceJet on a plea filed by Irish aircraft lessor Aircastle, the budget carrier on Monday said the NCLT notice was issued in a normal course and there was no adverse ruling against the airline.
Targeting rivals within Congress, Rajasthan chief minister Ashok Gehlot credited former chief minister Vasundhara Raje and two other Bharatiya Janata Party (BJP) leaders for having helped him save his government during the 2020 crisis when some Congress MLAs revolted and tried to topple h
The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to hurt economic activities, said US Federal Reserve Chair Jerome Powell after the two-day monetary policy review meeting where it once again hiked interest rates in their pursuit of
Amit Shah distributed regularization letter to 4400 New Delhi Municipal Committee (NDMC) employees at Talkatora Stadium on Wednesday who have spent 20-25 years of their lives working in the department.
Bangalore (Karnataka) [India], May 3 (ANI/NewsVoir): BankSathi, India's largest Agent Based financial products distribution platform, closed FY23 with a net revenue of Rs 60 crore, marking a 120 per cent growth over FY22. The company's exceptional growth was fuelled by a 300 per cent surge i
On Wednesday, it said funds for the revival will be drawn from the government's Emergency Credit Line Guarantee Scheme (ECLGS) and better cash accruals. The airline has already mobilised around Rs 400 crore towards getting its grounded fleet back in the air, which will further enhance its
Central bank data showed that bank credit to the private sector considered an engine of economic growth, dropped over fivefold in the period under review during the current difficult times. It clearly showed that businesses had been badly hit by the ongoing economic and political crisis.
Appreciating the leadership of Prime Minister Narendra Modi, the members of New Zealand Guru Ravidas Sabha credited the government for taking several steps for the welfare and development of Dalits and Backward communities and making them equal partners in the inclusive development of Ind
According to Jahnavi Prabhakar who authored the report, a lot is at stake for Federal Reserve now, as it considers the next rate action given the stubbornly high inflation, elevated wage growth, credit crunch scenario and uncertainty in global growth.