Daily Archives: March 8, 2019
At the 11th edition of the Times Auto Awards, powered by BBC TopGear, another homegrown giant Tata Motors bagged the Manufacturer of the Year award. Other winners included Lamborghini Urus, which won the Xtra Premium Hypercar of the Year award, while Porsche’s Cayenne took away the Luxury SUV of the Year award.
According to banking sources, lenders do not want to be majority shareholders in Jet Airways. They have therefore agreed to a debt conversion and to hold equity up to 49% of the airline. Lenders other than SBI and PNB will bring in an additional Rs 1,000 crore as part of this plan. This is subject to the airline promoters (Naresh Goyal and Etihad Airlines) bringing in Rs 750 crore promoter contribution.
Khullar joined Citi three decades ago and headed several divisions across geographies before becoming co-head of corporate banking in Europe and Middle East. He became the equity capital markets (ECM) origination head in Asia-Pacific two years ago
The Ahmedabad bench of National Company Law Tribunal (NCLT) on Friday approved the resolution plan submitted by the world’s largest steel-maker ArcelorMittal to the Committee of Creditors (CoC) and Resolution Professional (RP) of Essar Steel.
India’s assistant coach Sanjay Bangar termed out-of-form Shikhar Dhawan as a vital cog, saying the team management wants the right-left combination to fire at the top of the order with the ICC World Cup round the corner.