Sbi Caps
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Jet Airways employees’ bailout offer: No harm in trying because buyer apathy in any case stares at banks
Muralidharan •Unfortunately for Jet Airways employees, there is nothing to leverage with the grounded airline's net worth in the negative.
Arun Jaitley promised to look into Jet Airways' issues; airline confident of finding new investors: CEO Vinay Dube
•Dube said that finance minister Arun Jaitley assured to look into cash-strapped Jet Airways' issues that have forced the airline to halt operations temporarily
Naresh Goyal opts out from bidding for Jet Airways as debt-laden airline's management proposes to halt all operations
•Airline sources said Naresh Goyal, who had stepped down as chairman of the carrier last month, has withdrawn the bid for the airline.
Jet Airways lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues
Fp Staff •Jet Airways chief executive Vinay Dube in an internal communication has said the lenders could not decide on the emergency funding and that the board of the airline will meet on Tuesday to take a call on the future.
Jet Airways crisis: Banks extend deadline to submit bids for cash-strapped airline's stake to 12 April
•The State Bank-led consortium of lenders on Wednesday extended the deadline for submitting bids for the cash-strapped Jet Airways by two days to Friday, said SBI Capital Markets
Pawan Hans staffers forum alleges irregularities in disinvestment process; urge Civil Aviation Ministry to 're-fix' bidding norms
•On 13 April, the government issued the information memorandum for the 51 percent stake sale in the profit-making Pawan Hans Ltd and had sought EoI from interested bidders by 18 June.
Hindustan Aeronautics launches Rs 4,230 cr public offer, issue opens on 16 March
•The public offer will see the company selling 34,107,525 equity shares of face value of Rs 10
Snapdeal plans IPO in 2019; in talks with SBI Caps, Kotak Capital, others
•Snapdeal which has been burning money to compete with its larger rivals Flipkart and the Amazon, is reported to have only cash left for a year at best
Sebi to auction 13 more land parcels of Sahara group next month for Rs 1,400 cr
•This is in addition to 58 properties of the group that were scheduled to be auctioned in July and their combined reserve price was nearly Rs 5,000 crore
SBI seeks independent valuation from CA firms for merger of associates, BMB
•The bank's two other associates - State Bank of Hyderabad and State Bank of Patiala - which will also be merged subsequently, will be valued separately as they are not publicly traded entities