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Monday, November 3, 2025
TopicSBI

Topic: SBI

Jet Airways lenders hopeful of successful bidding day after airline suspends operations

Banks Wednesday rejected an immediate Rs 400 crore demand of Jet Airways, compelling it to ground operations.

Jet Airways pilots appeal to SBI for Rs 1500 cr and PM Modi to save 20,000 jobs

Jet Airways pilots, engineers, and senior staff have not been paid salaries since January because of a severe paucity of cash.

Jet Airways suspends international flights till Monday as crisis worsens

The cash-strapped private air carrier announced that all its international flights will now be suspended till Monday.

Vijay Mallya willing to tighten his belt, curb his $24,000/week London life

SBI lawyers say Mallya is living a ‘lavish lifestyle’ in London, supported by Kingfisher Beer Europe Ltd and family wealth in trusts.

Bank of America buys its biggest distressed asset in India 

The decision to purchase soured loans of Jayaswal Neco Industries Ltd, that makes cast iron pipes, adds to a growing trend of foreign investors exploring the India's massive pile of bad debt.

Hedge fund operator plans $1 billion India-focused ESG fund

Avendus expects to raise $1 billion over two years with its ESG fund and sees around 70 percent of that money coming from overseas investors.

Ailing Jet Airways gets lifeline in debt swap deal with lenders

Jet Airways, which needs Rs 85 billion to help it get back on its feet, will be revamped, with banks becoming the biggest shareholders of the company. 

What India’s top three mutual funds bought and sold in January

Stock funds took in a net Rs 61.6 billion, the least since January 2017, and a 7% decline over the previous month

Madam, don’t send us to court, firms keen to avoid bankruptcy law tell SBI

Recent bankruptcy proceedings that wrested prominent companies from their owners were a wake up call for the country's business community.

SBI could take 15% equity stake in Jet Airways

Burdened by debt, Jet Airways is looking to convert part of its loans to equity as it struggles to stay afloat in a highly competitive market

On Camera

A fitting tribute to Pakistan’s General Shanti

Durrani as NSA was a leap for Pakistan. No surprise that he didn’t even last a year in that job. He chafed after 26/11, seeing it as a deliberate Army/ISI betrayal.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Joint production, closer ties, emerging tech: The foundation of new defence pact between India & US

The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.