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Sources said lenders were actively considering proposals, including from Air India, for utilising about 15 planes owned by Jet Airways.
These states are key to Modi’s reelection bid in 2019, and the prospects of the Congress party.
IL&FS is an unwieldy, opaque hydra. More than size, it’s the diffuse nature of its operations that should worry its new directors.
The Punjab National Bank case is one among very few where Indian agencies have attached assets abroad in a criminal probe.