Lenders to cash-strapped Jet Airways, led by State Bank of India (SBI), on Monday invited Expressions of Interest (EoI) for sale of up to 75% stake in the beleaguered airline. According to a report, six airlines have shown interest in the 'expressions of interest' stake sale process of Jet Airways. Watch this video to know more.

WION Wallet: Debt-ridden Jet Airways seeks new owner, 6 airlines are interested

Amid uncertainty over the future of Jet Airways, the consortium of SBI-led lenders Thursday said bids for a stake sale would be invited on April 6 and other options would be explored in case the stake sale does not result in an "acceptable outcome".

Jet Airways: Lenders to invite bids for stake sale on April 6

Over 1,000 pilots of the struggling private carrier Jet Airways have decided to go ahead with their "no flying" call from April 1 following the airline failing to receive funds from the banks Friday, its pilots' guild has said.

Over 1,000 Jet Airways pilots to go ahead with no flying call

The BSE benchmark Sensex jumped over 200 points and the NSE Nifty breached the 11,600 level in early trade Friday driven by heavy buying in reality, metal and pharma stocks amid unabated foreign fund inflows and positive global cues.

Sensex rises over 200 points; Nifty tops 11,600 mark in early trade

State Bank of India's (SBI) chairman said on Wednesday that putting Jet Airways into bankruptcy is the "last option" and that its lenders are making every effort to keep the airline flying.

SBI Chairman insists bankruptcy 'last option' for Jet Airways

Equity benchmark Sensex surged over 233 points 36,904 in early trade on Monday, which is seen by experts as a pre-poll rally following the announcement of 2019 general election dates.

Sensex soars 233 points, Nifty above 11,100; Jet Airways, SBI shares jump

State Bank of India, a lender to Jet Airways, is likely to own 15 per cent of the cash-strapped carrier after the airline gets consent for a debt to equity swap, TV channels reported on Tuesday citing agencies.

SBI set to own 15% of Jet Airways after debt-for-equity swap: Reports

Shares of Jet Airways erased early losses and ended over 5 per cent higher Thursday after Chairman Naresh Goyal offered to invest up to Rs 700 crore in the airline on the condition that his stake does not fall below 25 per cent.

Jet Airways shares bounce back; settle with over 5 per cent gain

Shares of Jet Airways fell for the second straight session Thursday, plunging over 5 per cent, amid continued uncertainty over the revival plan of the company. The scrip declined 5.

Jet Airways shares fall further; plunge over 5%

Jet Airways Chairman Naresh Goyal has told the State Bank of India (SBI) that he is ready to invest up to Rs 700 crore in the airline on the condition that his stake does not fall below 25 per cent.

Ready to infuse up to Rs 700 crore in Jet Airways subject to conditions, says Naresh Goyal

After a volatile session, the 30-share index settled 156.28 points, or 0.43 per cent, down at 35,853.56.

Sensex drops over 150 points on weak macro cues

Gainers from the top-10 list are ITC, HDFC, Infosys, SBI and ICICI Bank; while Reliance Industries Ltd (RIL), TCS, HDFC Bank, HUL and Kotak Mahindra Bank suffered losses in their market capitalisation.

Five of 10 most valued firms add Rs 43,689 crore in market cap last week

Many public sector banks have already informed their customers about likely impact on services if strike materialises.

Banking operations partially affected due to trade union strike

Inflation seems to have become a double-edged sword for policymakers with political opponents attacking the government over farmers getting hit due to low prices for agricultural produce, even as the rate of price rise in 2018 has mostly been contained within the targeted comfort zone.

Inflation in 2018: Data shows price rise within comfort zone, but farmers hit

Embattled liquor tycoon Vijay Mallya’s legal troubles continue to mount as he is set to face bankruptcy proceedings in the UK High Court next year, brought by a consortium of Indian banks in their attempt to recoup unpaid debt worth nearly 1.

Vijay Mallya faces bankruptcy proceedings in UK High Court

Country's largest lender State Bank of India (SBI) Tuesday said extradition of fugitive liquor baron Vijay Mallya from the UK to India will speed up the recovery of over Rs 9,000 crore of loans.

Mallya extradition to speed up loan recovery process: SBI

Relentless upward movements in crude prices since July led to increases in speculations in foreign exchange market and such activities seem to have triggered the rupee fall in recent months, an SBI research report Wednesday.

Crude prices surge led to speculations in forex which triggered rupee fall: SBI report

The country's largest lender SBI has halved the daily cash withdrawal limit from ATMs for certain debit-card holders to Rs 20,000 from Wednesday. The withdrawal limit has been curtailed on Classic and Maestro debit cards, held by a large number of the bank customers.

Rs 20,000 withdrawal limit for SBI customers effective from October 31

The interim finance minister, Piyush Goyal held his first press meet as a finance minister on Friday after meeting the heads of public sector banks

Government committed to support all state-run banks says, Piyush Goyal

SBI, PNB and ICICI raised their benchmark lending rates by up to 0.1 per cent. The new rates are effective from Friday

Banks raise lending rates, EMIs to get costlier

Thirteen state banks have reported combined losses of $8.6 billion for the year to March - including $6.5 billion in the last quarter

India state banks' bailout stumbles as losses mount

Gross NPAs, as a percentage of gross loans, jumped to 10.91 per cent from 6.90 per cent at March-end 2017.

SBI posts record quarterly loss

A day after claiming that there was Rs 70,000-crore cash shortfall in the system, SBI Reseach termed the ongoing shortage in cash supplies as 'superficial', citing a decline in cash withdrawals from ATMs in the March quarter over the previous quarter

SBI research says cash crunch superficial citing fall in cash withdrawals

SBI has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash to the customers of SBI as well as other banks which offer this facility

Withdraw up to Rs 2,000 from PoS machines free of charge: SBI

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