Working Capital

Jet Airways delays ECB repayment amid liquidity crunch, defaults debt payback fourth time in recent months

As part of the resolution plan, on Monday, Naresh Goyal quit as chairman of Jet Airways and the board also approved lenders taking control as well as immediate fund infusion of Rs 1,500 crore.

Jet Airways crisis: How did the debt-laden airline secure ECB for working capital purposes?

Yet curiously Jet Airways says the default it has committed on meeting its tryst with the ECB was precisely working capital related.

Indian cos raised Rs 6 lakh crore from equity, debt markets in 2018; volatile market conditions brought down kitty by 30%

Data shows the debt market remains the most preferred route for raising funds to support business needs of the corporate world.

IndiGo festive sale offer: 10 lakh seats up for grabs at fares starting Rs 999 for one-way journey

In July, IndiGo had put on sale 1.2 million seats at heavily discounted starting fares of Rs 1,212 under a similar offer.

These 2 schemes will help in business expansion. Here’s how

SBI to snap up four posh Air India flats in Mumbai for Rs 90 cr

As part of its Rs 5,000 crore land monetisation programme, the national carrier had decided to put on block these flats, along with some other properties, through an e-auction in August 2013, which did not elicit good response.