Keep your mobile number and e-mail updated. When you receive the weekly report on cash holdings, check to ensure there is no discrepancy between the amount you have kept with the broker and what the latter has reported, advises Sanjay Kumar Singh.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
Former skipper Ricky Ponting believes the exodus of experienced players left a void in Australian cricket and this leadership crisis led to the infamous ball-tampering scandal in South Africa in 2018.
The key assets put on the block include its entire stake in Reliance General Insurance Company, the third-largest private sector insurer, and a 49 per cent stake in Reliance Nippon Life Insurance, a joint venture with Nippon Life, which is among the top five private-sector insurance companies.
Over the past several months, the airline has struggled to pay vendors and staff salaries on time.
The government's Rs 20.97 lakh crore COVID-19 package lacks in addressing the immediate concerns of the economy as the actual fiscal impact of the additional stimulus is only about 1 per cent of the GDP as opposed to the claim of 10 per cent, Fitch Solutions said on Tuesday. Prime Minister Narendra Modi on May 12 announced a stimulus package of Rs 20 lakh crore, or nearly 10 per cent of GDP, to deal with the economic fallout of COVID-19. The contents of the package were broad-based and announced in five tranches.
Top officers across various ministries participate in the meeting that started at 8 pm on Saturday. The meeting is currently underway. The country is currently witnessing a second and more severe wave of the pandemic.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
The government has given a go-ahead to State Bank of India and other financial institutions to take over capital-starved Yes Bank, and an announcement is likely to be made soon, highly places sources said on Thursday. The board of SBI, the country's largest lender, is meeting in Mumbai on Thursday, but it could not be immediately ascertained whether the takeover of Yes Bank is on the agenda. Yes Bank, which is grappling with bad loans, is looking to raise fresh capital but the plans are facing uncertainties.
Goldman Sachs, Morgan Stanley and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
The airline informed the ministry that it would operate 75 planes by April-end.
The 67-page report released on Monday titled "I Was Hit So Many Times I Can't Count" looks at Japan's history of physical punishment in sport and includes first-hand accounts from athletes.
'To keep the next catastrophe at bay, a carbon free economy will be an imperative. 'Our 2000 cc internal combustion engine powered personal cars and public transport may have to give way to electric and hydrogen powered fuel cells. 'The oil refineries which were so much part of my professional life may have to be dismantled and trees planted in its place. 'The smokestacks, which once upon a time represented growth and prosperity, will now be gory symbols of a polluting past,' notes former Hindustan Petroleum chairman Arun Balakrishnan.
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
President Trump, a Republican, however, did not formally concede the election to Biden, saying he would 'continue to fight and will prevail'. He has launched a slew of lawsuits in key states, but has not provided any evidence to back his claims of electoral fraud. Many of the lawsuits have been dismissed by courts.
"So you will not have anything better... democracy loving, capitalist respecting environment... in India," Sitharaman said at the event hosted by the Federation of Indian Chambers of Commerce and Industry in association with the US India Strategic and Partnership Forum.
The pandemic should force you to take a hard look at the downside risks that could jeopardise your finances.
Operating sales in Mumbai and London were weaker by 20 per cent and 50 per cent, respectively.
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
NITI Aayog has a dual role of a monitor and advisor.
A bench headed by Justice L Nageswara Rao directed the state governments to get help from the National AIDS Control Organisation (NACO) and legal services authorities to identify sex workers and maintain confidentiality pertaining to the identity of sex workers.
Trains were set afire and blocked, and public vehicles attacked as protests over 'Agnipath' swept across several places in Bihar, Uttar Pradesh, Rajasthan, Haryana, Madhya Pradesh, Delhi and Jammu on Thursday amid partisan political voices in favour and against the new recruitment scheme for the defence forces that has set off a firestorm.
Broadband connectivity to villages has been lagging, with delay in laying of an optical fibre network up to gram panchayats
Promoters must mandatorily deposit 70% of unused fund collected for project in separate bank account
'Despite the pandemic, we aspire to maintain the momentum of last year.'
Projects in Delhi-NCR, delayed by a much as 6-7 years
The company is actively engaged with all its aircraft lessors and regularly providing them with updates on the efforts taken to improve liquidity.
SBI is the lead lender to Jet Airways, which has a debt burden of more than Rs 8,000 crore.
As on March 31, 2019, while the promoter group's stake, including individual promoter shareholders as well as group investment firms, stood at 42.71 per cent, it fell to 38.39 per cent on Tuesday.
Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.
Sports Awards could to be delayed: Ministry official
The inventory has risen to 83 months in the National Capital Region and 50 months in Mumbai.
Provisions of RERA, subsidy under PMAY and relaxation in PF withdrawal to buy a house will aid affordable housing, points out Harsh Roongta.
After the Sports Ministry withdrew the recognition of 54 National Sports Federations (NSFs), Indian Olympic Association president Narinder Batra raised concerns saying that if things will continue to go ahead like this then India should not be hoping for any medal in the Tokyo Olympics next year. Following a High Court order, the Sports Ministry withdrew the recognition of 54 NSFs, including the All India Football Federation, Hockey India, and Athletics Federation of India.
A K Chopra, a retired DGCA official, had flagged concerns regarding engineering, flight safety, operations, and training standards in the airline and subsidiaries, thus warning the management of grave safety risk. He also called for the replacement of the chief of flight safety Harpreet A De Singh, who, he said, did not meet the regulatory requirements for holding the post.
Troubled carrier SpiceJet has paid employees' salaries for November and cleared dues of fuel companies as well.
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
Revenue from divestment has fetched Rs 40,000-50,000 crore against target of Rs 2.10 trillion.
Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.
