Forced to step down, Naresh Goyal now returns to put in bid for cash-strapped Jet Airways
Fp Staff • 6 years agoLast month, Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.
Jet Airways staff wants representation in new management committee, writes to SBI chief
• 6 years agoAll India Jet Airways Officers and Staff Association said the airline management has not been addressing many issues that employees have been facing
State-run banks want Jet Airways chairman Naresh Goyal to reduce stake in carrier to 10%: Report
• 6 years agoJet Airways has more than $1 billion in debt, and owes money to banks, suppliers, pilots and lessors—some of whom have started terminating leases with the carrier
'Nobody can make authentic statement on job creation as there are no reliable data', says SBI Chairman
• 6 years agoJobs in the manufacturing sector has seen a reduction due to use of technology and there was a lot of 'disguised unemployment.
Naresh Goyal ready to infuse up to Rs 700 cr in crisis-hit Jet Airways with a rider, wants his stake to remain above 25%
Fp Staff • 6 years agoGoyal said he was committed to an “infusion of funds into the company to the extent of Rs 700 crore” and pledging all his shares.
IL&FS, DHFL shocks may be temporary triggers, but the bad news for Indian financial markets do not end there
Dinesh Unnikrishnan123 • 6 years agoIts a mistake to assume that ongoing market turmoil is only on account of DHFL, IL&FS issue
State Bank of India expects loan demand to rise with govt's infra spending push
• 7 years agoIn recent months, the finance ministry has said it wants to boost spending on sectors such as infrastructure, including ports and roads, to boost economic growth.
Rajnish Kumar to take over from Arundhati Bhattacharya as SBI chairman
• 7 years agoRajnish Kumar, who is currently the managing director of SBI, faces the daunting task of addressing the issue of huge NPAs of the bank.
Arun Jaitley says banks' exposure to telecom sector at Rs 97,681 cr 'highly unsustainable'
• 8 years agoState Bank of India (SBI) Chairman pointed out that stress in the telecom sector has reached "highly unsustainable levels" due to erosion of topline and earnings of the service providers.
RBI monetary policy: SBI chief, India Inc, brokerage disappointed on no rate cut
Sindhub • 8 years agoExcept for a handful of voices, almost everyone was expecting a minimum 25 basis point cut in rates in Governor Urjit Patel’s first policy statement, given the recent demonetisation woes