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Saturday, July 19, 2025
TopicSBI

Topic: SBI

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

India’s SBI is said to select banks for $1.4 billion share sale

SBI’s sale will help bolster its capital buffers as it attempts to grow loans at a faster pace.

On Camera

Fauja Singh’s death shows Indian roads remain a national emergency—474 lives lost every day

Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.