Etihad is in talks to pick up a 24 percent stake in Jet.
The BJP said that the SAD had informed in advance that it will not attend the meeting.
The airline has proposed to raise authorised share capital to Rs 2,200 crore. This would comprise Rs 680 crore of equity capital and Rs 1,520 crore of preference share capital.
Jet Airways, which is in the process of finalising a stake sale deal with Etihad Airways, plans to extend its code share agreement with the Abu Dhabi-based carrier to the Mumbai-Brussels-Newark route, sources said.
On the high costs facing the Indian airline industry, Goyal said the factors included a depreciating rupee against the dollar, escalating jet fuel prices, high taxes and rising infrastructure costs.
Chef Naresh Pannala of Saubhagya Confectionery from Hyderabad tells us how to make a black forest cake in less than 30 minutes.
Finance Minister Jaswant Singh on Friday indicated radical changes in auditing norms including disqualification of auditors if they are found to have 'financial relationship' with companies as suggested by the Naresh Chandra panel.
Sources close to the deal say, besides a higher stake (earlier, the negotiations were on for sale of up to 24 per cent), Etihad has asked for its representation on the board of the Indian airline, in sync with its shareholding.
Independent directors were supposed to safeguard the interest of all stakeholders.
The Madhya Pradesh Professional Examination Board scam, most commonly known by its Hindi acronym as the 'Vyapam scam' has been in the headlines on and off throughout the year.
The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency.
Amid prayers and a 21-gun salute, his body was consigned to flames at Smriti Sthal on the banks of Yamuna where Vice President Hamid Ansari and UPA Chairperson Sonia Gandhi were also present.
While we navigate the challenges posed by the current industry environment, our focus and attention remains on safety and operational reliability, said chief executive Vinay Dube.
The two parties have been in talks for a month and a half.
Mahesh Bhupathi, who led a revolt of 11 players against the All India Tennis Association, has slammed the AITA for the way it formed a three-member panel to look into the issues raised by the rebels, alleging that the panel would be 'biased' and serve no purpose.
Gujral, 92, who has been unwell for sometime, was put on the ventilator today after his condition deteriorated. He was on dialysis for over a year now and had suffered a serious chest infection some days ago.
Will this team of 12 change the way films are certified in India?
Sources in the Samajwadi Party said that Mulayam Singh Yadav, his cousin and party general secretary Ram Gopal Yadav and another senior leader Naresh Aggarwal have held at least five rounds of discussion with Congress leaders
In this COVID-19 phase, the BJP leveraged its pre-eminence again to tip the power scales in its favour and relegate its allies in the National Democratic Alliance to a lesser position. Radhika Ramaseshan reports.
"Collective conscience of the society shaken. In our society, minor girls are worshipped as goddess," the POCSO court said.
Sushma said the issue is due to the "tri-junction point that is between India, China and Bhutan" and that if Beijing unilaterally tries to change the status quo at the tri-junction, then it will pose a threat to New Delhi's security.
The government hinted on Tuesday at introducing a more stringent auditing system in line with the Naresh Chandra committee recommendations, within the next one year.
As the battle lines are drawn between the United Progressive Alliance and the National Democratic Alliance, the NDA is now beginning to smell power, says Neerja Chowdhury
The building that will house 1,500 employees is a showcase of the company's 'smart connected communities'.
Air India, SpiceJet, IndiGo and AirAsia India ready to fill in the gap.
The airline owes lakhs of rupees to passengers and its vendors.
While Agarwal said the government was trying to change character of the country, his other party colleagues said the names of persons 'who have made no contribution to the freedom struggle' are being given.
The interim funding has not been forthcoming thus far, and as a result Jet has extended cancellation of international operations until April 18.
'Industry observers are certain the next attempt will succeed even if they have to browbeat someone into buying as the government has put its might behind it,' predicts Anjuli Bhargava.
A Noida-based man whose wife and minor daughter were gang-raped by highway robbers in Uttar Pradesh said that the family of three will commit suicide if police fail to give them justice in three months.
Shares of Jet Airways surged 16 per cent to close at Rs 505.7 on Friday on speculation that Etihad Airways might buy 24 per cent in the company.
The Samajwadi Party on Friday said it will strongly oppose the Lokpal Bill in Parliament, holding it was against the very basis of democracy.
"Some BSP MPs on the instructions of their leadership tried to misbehave with me, I just resisted it. Ask BSP whose members who don't know the democratic ways. I will file a written complaint against him for such a shameful and unparliamentary behaviour and demand action from the Special Privileges Committee," he told media persons when asked about the scuffle in the House on Wednesday.
A similar protest was organised by farmers on the Lucknow-Sitapur Highway.
Jet Airways had appointed Ball as its CEO in May last year.
The company will retire part of the debt by way of sale and lease back of some its aircraft.
The director talks about Sudigadu, the remake of Tamil film Tamizh Padam which is a spoof on Telugu cinema
Empowering rural India is of utmost importance and the government needs to do so by provisioning for broadband penetration and financial inclusion.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances