E-PaperJet Airways Bailout News
Jet Airways pilots threaten to go on leave from 1 April, warn of legal action
Jet Airways pilots haven't been paid salaries for three months as the airline battled a financial crisisJet Airways bailout deal, struck on 25 March, envisages immediate capital infusion of ₹1,500 crore by the airline's lenders
3 min read30 Mar 2019Jet Airways bailout plan to be finalized in a week: SBI official
All the lenders are working towards a resolution with the desire that Jet Airways keeps running, says the SBI officialThe Jet Airways bailout plan needs approval of several stakeholders, including Etihad Airways
2 min read15 Mar 2019Jet Airways shareholders approve bailout plan
The airline proposes to let lenders convert debt into equitySBI will now become majority stakeholder in the airline; founder Naresh Goyal's stake to come down from 51% to around 25%
1 min read23 Feb 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared