Fund Infusion
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Jet Airways grounds operations at Abu Dhabi airport from today for indefinite period; all flights to partner Etihad's hub cancelled
•Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March
Naresh Goyal seeks Rs 750-cr lifeline from equity partner Etihad, warns delay may ground Jet Airways
•It can be noted that Etihad board is meeting in Abu Dhabi on Monday to discuss the resolution plan for Jet Airways in which it owns 24 percent stake since April 2014.
Govt's fund infusion into PSBs not sufficient to support lending growth, additional $23 bn required in 2019: Fitch
•The finance ministry last week announced infusion of Rs 48,239 crore fund in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans.
Sensex, Nifty start on a positive note; bank stocks jump on fund infusion; SBI, Axis, ICICI bank among top gainers
•Public sector bank stocks rose after the finance ministry on Wednesday announced infusion of Rs 48,239 crore in 12 PSBs this fiscal to help them maintain regulatory capital requirements and finance growth plans
Air India may face more headwinds as govt backtracks on Rs 30,000 crore second bailout package
Sindhub •The government needs a proactive approach to tackle the mess it has created at Air India.
As Walmart talks to Flipkart, Amazon may invest $2 bn more in India
Fp Staff •Including the fresh $2 billion fund infusion plans, total capital committed by the US-based online retail giant in its Indian arm stands at $7 billion
Government to infuse Rs 6,990 cr in 9 public banks this year
Fp Archives •The government has decided to infuse Rs.6,990 crore in nine public banks out of the current year's budget, for which orders are being issued,