{"id":261257,"date":"2019-02-26T06:32:44","date_gmt":"2019-02-26T06:32:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=261257"},"modified":"2019-02-26T06:43:37","modified_gmt":"2019-02-26T06:43:37","slug":"jet-airways-falls-5-on-reports-of-sbi-planning-to-move-nclt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-falls-5-on-reports-of-sbi-planning-to-move-nclt\/","title":{"rendered":"Jet Airways falls 5% on reports of SBI planning to move NCLT"},"content":{"rendered":"<p>NEW DELHI: Shares of Jet AirwaysNSE -1.66 % declined 5 per cent in early trade on Monday after reports emerged that SBI may approach NCLT to recover its loans from the debt-ridden airline. <\/p>\n<p>A PTI report, quoting SBI officials, suggested that State Bank of IndiaNSE -1.35 % (SBI) is looking at approaching the National Company Law Tribunal (NCLT) to recover its loans from private carrier Jet Airways. <\/p>\n<p>Earlier, shareholders of Jet approved a proposal at the extraordinary general meeting (EGM) on Thursday to convert a part of the company&#8217;s loans into shares. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Shares of Jet AirwaysNSE -1.66 % declined 5 per cent in early trade on Monday after reports emerged that SBI may approach NCLT to recover its loans from the debt-ridden airline. A PTI report, quoting SBI officials, suggested that State Bank of IndiaNSE -1.35 % (SBI) is looking at approaching the National Company Law Tribunal (NCLT) to recover its loans from private carrier Jet Airways. Earlier, shareholders of Jet approved a proposal at the extraordinary general meeting (EGM) on Thursday to convert a part of the company&#8217;s loans into shares.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-261257","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=261257"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261257\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=261257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=261257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=261257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}