RBI extends RTGS timings from 4:30 pm to 6 pm
AMN /MUMBAI To facilitate high-value fund transfers, the Reserve Bank of India (RBI) has announced an extension of timings for customer transactions through Real Time Gross Settlement (RTGS) by one…
SFIO may order probe into alleged diversion of funds by Jet Airways promoters
Sanjay Singh/ New Delhi The government may order a probe by India’s fraud investigator,Serious Fraud Investigation Office (SFIO) on alleged diversion of funds by the promoters of Jet Airways, as…
Naresh Goyal, hi s wife stopped by immigration from leaving country
AMN Jet Airways founder Naresh Goyal and his wife Anita Goyal were stopped from leaving the country yesterday. Immigration authorities stopped them at Mumbai Airport just minutes before their aircraft…
170 footwear firms urge Trump to raise tariffs on shoes
WEB DESK More than 170 footwear companies, including top brands Nike and Adidas, have urged US President Donald Trump not to raise tariffs on shoes made in China. In a…
Stock market soars high after exit polls
Domestic stocks today surged in the afternoon trade as investors cheered exit poll results that showed the ruling NDA’s victory in the recently-concluded Lok Sabha elections. Sensex at Bombay Stock…
Jet employees write to SBI Caps for raising funds
Sanjay Singh / New Delhi Even as the SBI Caps is in talks with unsolicited bidders of Jet Airways including Mumbai-based Darwin Group and London’s AdiGro Aviation to bring in…
BSNL, MTNL VRS, spectrum allocation put on hold
Sanjay Singh / New Delhi Plans for revival, Voluntary Retirement Scheme and funds for 4G and 5G spectrum allocation for loss making telecom companies, BSNL and MTNL has been put…
Will create transparent SOP to allocate Jet Airways’ foreign flying seats: Civil Aviation Secretary
AMN Civil Aviation Secretary P S Kharola today said the ministry will create a transparent standard operating procedure (SOP) to allocate Jet Airways’ foreign flying seats on a temporary basis.…
DGCA de-registers 83 aircraft of Jet Airways
Sanjay Singh / New Delhi A month after Jet Airways shut down its domestic and international operations, India’s Civil Aviation regulator, Directorate General of Civil Aviation (DGCA) has de-registered 83…
Turmoil at IndiGo, Is the airlines heading for trouble like Jet Airways?
By Sanjay Singh / New Delhi Serious differences between the two founders of IndiGo, Rahul Bhatia and Rakesh Gangwal have cropped up over strategies and ambitions for the airline, whic…