Jet Airways gets payment delay notice from aircraft lessors

Jet Airways gets payment delay notice from aircraft lessors

Jet Airways is in a race to raise funds as high jet fuel prices and a weak rupee have harmed its financial health. Photo: Abhijit Bhatlekar/Mint Mumbai: Jet Airways (India) Ltd has received notices from some aircraft leasing companies for delays and defaults on rental payments, the airline said. This has compounded woes for the cash-starved airline. India’s second-largest domestic carrier by market share, however, has no dues outstanding with state-run Airports Authority of India…

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Q2 results: JLR’s China sales drive Tata Motors into loss

Q2 results: JLR’s China sales drive Tata Motors into loss

Going ahead, JLR sees ‘a very, very weak market situation in the premium segment’ in China owing to a slowdown in economic growth and uncertainty due to the trade war with US. Photo: Bloomberg Mumbai: Tata Motors Ltd, India’s largest automaker by sales, reported a loss for the second consecutive quarter weighed down by a continued weak performance at its unit Jaguar Land Rover Automotive Plc. JLR, which contributes to the bulk of the earnings…

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Govt outlines three options for IL&FS revival

Govt outlines three options for IL&FS revival

The government will conduct an audit of IL&FS and its subsidiaries and will soon come go to NCLT for the execution. Photo: Mint Mumbai: The government has submitted a broad revival plan for Infrastructure Leasing and Financial Services Ltd (IL&FS) where it is considering three options, including resolution at the group level, sale of business verticals, or the sale of individual assets. The government is conducting audit and investigation of IL&FS and all the 346…

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Sensex rallies 551 points as govt clarifies on RBI autonomy

Sensex rallies 551 points as govt clarifies on RBI autonomy

By: ENS Economic Bureau | Mumbai | Updated: November 1, 2018 2:50:22 am The investor sentiment turned positive after the Finance Ministry issued a statement to dampen concerns over a spat between the government and the central bank. (File Photo) Stock markets on Wednesday bounced back smartly after the government said the RBI’s autonomy was essential “within the framework of the RBI Act.” The 30-share Sensex rallied 550.92 points, or 1.63 per cent, to close…

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Selectors asks Ranji teams to rest India ‘A’ bowlers

Written by Devendra Pandey | Published: November 1, 2018 4:17:51 am Pacers in the squad include Hyderabad’s Mohammad Siraj, Delhi’s Navdeep Saini, Vidarbha’s Rajneesh Gurbani and Rajasthan’s Deepak Chahar. (PTI Photo) With an eye on keeping their pacers “fit and fresh”, chairman of the national selection committee, MSK Prasad, has asked for those on the India A tour to New Zealand to be rested for the Ranji Trophy by their respective state associations. Prasad has…

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Football news – Clement Lenglet nets late winner for Barcelona in Copa del Rey

Football news – Clement Lenglet nets late winner for Barcelona in Copa del Rey

10 hours agoUpdated 1 hour ago Copa del Rey last 32, Estadio Reino de Leon – Cultural Leonesa 0 Barcelona 1 (Lenglet 91′) “, “size”:[ 970, 250 ], “partnerId”:”IndexExchangeHtb” } ], “other_square_desktop”:[ { “targeting”:{ “IOM”:[ “300x600_5000” ], “ix_id”:[ “_VY8yOJVM” ] }, “price”:5000, “adm”:” “, “size”:[ 300, 600 ], “partnerId”:”IndexExchangeHtb” } ], “other_top_tablet_sponso_on”:[ { “targeting”:{ “IOM”:[ “728x90_5000” ], “ix_id”:[ “_l54pwvpN” ] }, “price”:5000, “adm”:” “, “size”:[ 728, 90 ], “partnerId”:”IndexExchangeHtb” } ], “other_square_tablet”:[ { “targeting”:{ “IOM”:[…

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