State Bank of India
Finance
Jet Airways suspends operations as lenders reject funding request
Jet Airways Ltd will be forced to shut down as soon as Wednesday if it does not get emergency funding ......
Infrastructure
SBI extends deadline for Jet bids, tweaks stake-sale proposal
The State Bank of India (SBI) has extended by two more days the bidding process for the stake sale in ......
Infrastructure
Jet Airways downfall: How one of India's most well-known brands collapsed
In early January, Jet Airways and its main lender, State Bank of India, met with aircraft lessors to assure them ......
Infrastructure
SBI-led lenders start stake sale process in Jet Airways
Prospective bidders of struggling Jet Airways Ltd need to settle the airline’s existing debt obligations as part of any...
Infrastructure
Why Jet Airways' worries are far from over despite rescue deal
Jet Airways' investors are cheering this week's government-led rescue deal, but the cash-strapped Indian airline's...
General
TPG, Delta sounded out for Jet stake; Fuji Electric may buy Consul Neowatt
State Bank of India, the biggest lender to Jet Airways (India) Ltd, has begun talks with private equity firm TPG ......
Infrastructure
Naresh Goyal exits Jet Airways board as lenders take control
Naresh Goyal, the founder-chairman of cash-strapped Jet Airways, and his wife Anita Goyal have stepped down from the board, the...
Finance
Bank of America seals its biggest distressed asset deal in India
Bank of America has sealed its biggest deal in India's stressed assets segment, with the investment banking giant buying bad...
General
Etihad asks SBI to acquire Jet stake; PE firms look to buy Dewan Housing's bonds
Abu Dhabi-based Etihad has asked State Bank of India to purchase its 24% stake in cash-strapped Jet Airways, compounding the ......
Infrastructure
Government asks banks to save Jet Airways, avoid bankruptcy
India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as...
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