Etihad eyes minority stake in Jet Airways

The Abu Dhabi airline Etihad has re-entered the fray to pick up a stake in beleaguered Jet Airways and will compete with two “unsolicited bids” that were submitted to State Bank of India last week

Essar opposes Arcelor bid over ties to loan defaulters

The promotors of Essar Steel have opposed ArcelorMittal’s bid to purchase the troubled metals maker by bringing to the appellate tribunal’s notice that the Luxembourg-based firm’s shareholder Lakshmi Mittal had “suppressed vital facts” regarding...

The government is expected to close 2018-19 with a £6 billion shortfall in direct tax collections with mop-up till last week estimated at £113.8 billion, compared to the revised target of £120 billion

The £150 million emergency funding expected by Jet Airways has been shot down to £20 million in the best case scenario, as lenders led by SBI await RBI's fresh norms for debt restructuring after Supreme Court last week struck down the central...



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