Jet Airways is seeking shareholders’ nod to convert its debt into equity, appoint bank nominees on the board and increase the authorised share capital of the company to enable the issue of fresh preference shares. An extraordinary general meeting (EGM) of shareholders has been called on February 21 to seek approval for these proposals.
Day: January 29, 2019
Air India to bring back mortal remains from 6 Gulf countries at ‘flat rate’
In order to reduce the expenses of grieving families, Air India has decided to charge a “flat rate” to bring back mortal remains from six Gulf countries, which have a significant number of Indian immigrants.
Indian Air Force’s Jaguar aircraft crashes in UP, pilot ejects safely
A Jaguar aircraft of the Indian Air Force crashed on Monday in Uttar Pradesh’s Kushinagar district, with the pilot ejecting safely, police said.
VVIP chopper case: Court extends ED custody of Gautam Khaitan by five days
A Delhi court on Monday extended the ED custody of lawyer Gautam Khaitan, an accused in the AgustaWestland VVIP chopper scam, by five days in connection with a fresh case of alleged possession of black money and money laundering.