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.
Pulwama (Jammu and Kashmir) [India], May 21 (ANI): Terrorists on Tuesday evening hurled grenade at a Central Reserve Police Force (CRPF) post situated at State Bank of India (SBI) in Jammu and Kashmir's Pulwama district.
Mumbai (Maharashtra) [India], May 10 (ANI): State Bank of India (SBI) on Friday reported standalone net profit at Rs 838 crore for the March quarter of the financial year 2018-19.
New Delhi [India], May 5 (ANI): The officers and other staff of JetAirways on Sunday renewed their appeal to the Central government to revive the airline.
Mumbai (Maharashtra) [India], May 1 (ANI): State Bank of India (SBI), the country's largest lender, on Wednesday linked loan and deposit rates to the repo rate of Reserve Bank of India (RBI).
New Delhi [India], Apr 19 (ANI): Fugitive businessman Vijay Mallya on Friday urged Indian media to file an RTI against the State Bank of India (SBI) to ascertain how much money it has spent on the legal fees of the lawyers while recovering money from him in the United Kingdom.
New Delhi (India), Apr 16 (ANI): Jet Airways has requested for emergency funding of Rs 400 crore from banks and the debt-ridden airline is in talks with lenders Civil Aviation Secretary Pradeep Singh Kharola said on Tuesday. He stressed that a commercial decision is yet to be reached betw
New Delhi [India], Apr 16 (ANI): Civil Aviation Minister Suresh Prabhu on Tuesday said he has directed the Secretary of the Ministry of Civil Aviation Pradeep Singh Kharola to review issues related to Jet Airways, including increase in airfare and cancellation of flights, and take necessa
Mumbai [India] Apr 15 (ANI): Jet Airways on Monday cancelled its international operations till April 18 as the debt-ridden airline seeks interim funding from group of lenders headed by the State Bank of India, according to a statement sent out by the Jet CEO to its employees.
Mumbai (Maharashtra) [India], Apr 15 (ANI): Jet Airways' pilots body National Aviator's Guild (NAG) on Monday protested against the airlines for not giving salaries to its employees for the last three months and organised a solidarity meeting here.
New Delhi [India], Apr 12 (ANI): Civil Aviation Minister Suresh Prabhu on Friday directed Secretary at the Ministry of Civil Aviation Pradeep Singh Kharola to review issues concerning debt-laden Jet Airways and take necessary steps to minimise inconvenience to air passengers.
New Delhi [India], Apr 11 (ANI): Debt-laden Jet Airways is currently operating only 14 aircraft in its fleet and may soon lose the right to fly on international routes, official sources said on Thursday.