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Wednesday, October 8, 2025
TopicSBI

Topic: SBI

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

PTI -
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

PTI -
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

Thomas Beardsworth -
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 

Anurag Joshi -
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

Ameya Karve -
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

Anurag Kotoky -
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

Ameya Karve -
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

Saloni Shukla -
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

P. R. Sanjai -
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

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

Economy

Vietnam & China cutting into India’s footwear exports, NITI Aayog calls for tariff cuts, R&D push

Udit Bubna -
With non-leather products driving global footwear demand between 2020 and 2024, India’s global market share stood at 1.85% in 2024, says a NITI Aayog report.

Defence

ISKP & Lashkar converging under aegis of Pakistan’s ISI to take on Baloch fighters

Mayank Kumar -
ISKP, a sub-continental branch of the Islamic State, is said to have vowed to extend operations in Kashmir, on encouragement from Pakistan’s security establishment.

National Interest

How Pakistan thinks: Army for hire, ideology of convenience

Shekhar Gupta -
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.

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