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Tuesday, September 16, 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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YourTurn

Opinion

The problem with India’s exports isn’t just Trump tariff. It’s the PCI

Bidisha Bhattacharya -
Countries that move up the PCI ladder grow faster, diversify quicker, and become more resilient to economic shocks.

Charlie Kirk assassination is telling us something about American democracy

A social contract protected Indians abroad as the ‘model minority’. It’s tearing now

+TFP

Economy

At launch of NITI Aayog report, Sitharaman calls for regulation to run at par with AI adoption

Udit Bubna -
FM adds that AI-assisted technologies should be adopted in all districts to bring development & highlights importance of collaborative ecosystems in tech innovation.

Defence

New Defence Procurement Manual out, first since 2009, with moves to cut red tape, ease pvt participation

Javaria Rana -
The updated manual introduces reforms like guaranteed orders, lower financial penalties & simplified procurement for specialised equipment.

National Interest

Gen Zs have taken down the Nepal regime. Here’s why this will never happen in India

Shekhar Gupta -
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.

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