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No clarity from banks on paying salary dues: Jet CEO

No clarity from banks on paying salary dues: Jet CEO

Hinting that Jet Airways employees are unlikely to receive their salary dues till the stake sale process is completed, Vinay Dube, the CEO of crisis-struck Jet Airways, on Friday told airline employees that the lenders have so far provided no ...

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Jet executives meet Jaitley, urge salary payment

Jet executives meet Jaitley, urge salary payment

Senior executives of grounded Jet Airways met the Union finance minister Arun Jaitley on Friday and requested him to direct the banks to release at least one month’s salary. Jet has not paid salaries of a large number of its ...

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Why TikTok ban may not give the desired results

Why TikTok ban may not give the desired results

With crores of people in India already using TikTok and all of them having the option to share the app with others, blocking its access on Google Play Store and Apple App Store may not produce the desired results, experts ...

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IndiGo Delhi-Mumbai flight makes mid-air ‘turn back’

IndiGo Delhi-Mumbai flight makes mid-air ‘turn back’

Budget carrier IndiGo’s Delhi-Mumbai flight had to perform a mid-air “turn back” manoeuvre due to excessive vibration from the aircraft’s engine number two, industry insiders privy to the development said on Friday. However, an airline official said that the aircraft ...

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SC nixes RBI circular on bad loans as ultra vires

SC nixes RBI circular on bad loans as ultra vires

New Delhi (IANS) : In a huge relief to the regulated sector, the Supreme Court on Tuesday struck down as ultra vires the controversial February 12, 2018, Reserve Bank of India (RBI) circular that mandates lenders to initiate resolution or restructuring ...

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