Amit Agarwal is the latest in a line of several top executives & board members who have quit the debt-laden Jet Airways, which stopped operations on April 17.
In separate letters, Jet Airways employees requested help in getting the outstanding salaries cleared and urged that the process of funding the airline be expedited.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
Kuchh milega nahin. That is the tragedy of the IBC. 2. Given the public mood that has developed around this issue – partly due to tycoons who have fled – each stakeholder, not just senior bankers but also political personages will say, Follow the procedures, don’t get caught on the wrong side of a vigilance enquiry, never mind the haircut so long as our hands are clean. All the more if the loans originated during UPA rule, which many did. 2. If there is a genuine desire to maximise recovery from the twelve trillion pile of NPAs – which is growing – an empowered group of bankers and mandarins should be tasked to have exploratory meetings with defaulting groups and see if a living fruit bearing tree can be saved from being chopped and sold for firewood.
Kuchh milega nahin. That is the tragedy of the IBC. 2. Given the public mood that has developed around this issue – partly due to tycoons who have fled – each stakeholder, not just senior bankers but also political personages will say, Follow the procedures, don’t get caught on the wrong side of a vigilance enquiry, never mind the haircut so long as our hands are clean. All the more if the loans originated during UPA rule, which many did. 2. If there is a genuine desire to maximise recovery from the twelve trillion pile of NPAs – which is growing – an empowered group of bankers and mandarins should be tasked to have exploratory meetings with defaulting groups and see if a living fruit bearing tree can be saved from being chopped and sold for firewood.