State Bank of India, which leads the consortium of lenders for Jet Airways, has called an urgent meeting of its members on Wednesday to thrash out contentious issues between promoter Naresh Goyal and his joint venture partner Etihad Airways as well as resolve other matters with the banks. According to sources, top executives of both […]
Day: February 27, 2019
SC agrees to hear review pleas against Rafale verdict in open court
The Supreme Court Tuesday agreed to hear in open court the petitions seeking review of its December verdict that had dismissed pleas challenging the deal between India and France for procurement of 36 Rafale fighter jets. A bench of Chief Justice Ranjan Gogoi and Justices S K Kaul and K M Joseph, in its chamber […]
Delhi needs to look beyond highways to solve traffic, pollution woes
Delhi has laid the foundation stone for at least two new road projects in the last month–the 170-km-long Saharanpur National Highway Corridor and 27.6-km-long Northern Peripheral Road or Dwarka Expressway–promising to ease traffic, save commute time and reduce pollution by emissions from cars idling in traffic. The logic of building bigger roads to ease congestion […]
50% IL&FS assets on block, 22 group firms servicing loans: Injeti Srinivas
Fifty per cent of the assets of the beleagured IL&FS group are on the block, corporate affairs secretary Injeti Srinivas said on Tuesday. Speaking on the sidelines of the CII-IBC conference, Srinivas said that out of the 100 IL&FS companies that need classification based on the risk, all would be with high risk or medium […]