Jet Airways CEO Vinay Dube said in a press briefing, "We met Finance Minister Arun Jaitley and presented our case. We requested him to have an open and transparent bid process, he assured us of that and also told us that as part of expression of interest there were four parties that were interested in Jet Airways."Latest on #JetAirwaysCrisis Top Management Employees of #JetAirways met Finance Minister @arunjaitley today in Delhi.CEO Vinay Dubey briefs the media after the meeting. Listen In pic.twitter.com Z0QynbnQMW
Further tailspin for Jet Airways, shares tank over 23 per cent Air India Express mulls leasing some Jet Airways; Boeing 737s Jet employees meet Jaitley, appeal for govt s support in reviving airline Goyal and his wife Anita Goyal, and one nominee of Etihad Airways, Kevin Knight, will step down from the board. ENDING MONTHS of uncertainty, Naresh Goyal Monday quit as chairman of the board of Jet Airways, which he founded 25 years ago, enabling lenders to extend another lifeline of Rs 1,500 crore in funding support and initiate a bidding process to get a new investor to run the troubled airline.According to the lenders bailout plan, Goyal and his wife Anita Goyal, and one nominee of Etihad Airways, Kevin Knight, will step down from the board. The airline said it will ring fence its assets to secure existing facilities extended by lenders and the immediate funding support. The board also decided to constitute an interim management committee to manage and monitor the daily operations and cashflow of the company, which has been hit by the grounding of aircraft and cancellation of flights.
Finance Minister Arun Jaitley today called "Mahagathbandhan" or grand alliance a self destructive "coalition of rivals" and said the choice before voters in the general elections would be either "Modi or chaos".
Rahul Gandhi got M.Phil without Masters degree, says Arun Jaitley Bad loans: 80 per cent of write offs in decade came in last five years LiveEven #039;mahamilawati friends #039; rejected #039;naamdar #039; as PM candidate, says Modi in Theni Arzoo Govitrikar has accused her businessman husband of subjecting her to mental and physical torture for years. (Photo: Arzoo Govitrikar Instagram) Model and Bollywood actor Arzoo Govitrikar has filed a domestic violence case against her businessman husband, police said on Wednesday.Arzoo Govitrikar, who is the sister of actor model Aditi Govitrikar, lodged the complaint against her husband Siddharth Sabharwal at the Worli police station in Central Mumbai on Tuesday, an official said.
According to an official statement, the President of India, as advised by the Prime Minister, has directed to assign the portfolios of the Minister of Finance and Minister of Corporate Affairs to Arun Jaitley. Mr. Jaitley tweeted: Resumed work at the Ministry of Finance today (Friday). Thankful to Shri Piyush Goyal who discharged the responsibility at the MoF diligently amp; competently.
The CAG (Comptroller and Auditor General of India) report on Capital Acquisitions by Indian Air Force, including Rafale deal, was tabled in Rajya Sabha on Wednesday, the last day of the Budget session. The CAG report states that the NDA deal is 2.86% cheaper than UPA #39;s proposed deal.
Jaitley had gone to the United States for a medical check up after the Winter Session of the Parliament concluded. He underwnent a kidney transplant surgery last year, and Goyal was appointed as the acting Finance Minister back then too.ALSO READ: FM misses Halwa ceremony, may be back for Budget
Congress plays Goa minister tape to claim Parrikar has Rafale files Live4th Test Day 1: 2nd half century on the trot for Agarwal SC satisfied conscience... Congress manufactured scam: Jaitley The police have registered an FIR under Section 376 (rape) of the IPC at the IT Park police station on December 26. A 50 YEAR OLD British woman, who was visiting Chandigarh, has accused an employee of a five star hotel in Rajiv Gandhi Technology Park, Manimajra, for raping her on December 20.The police have registered an FIR under Section 376 (rape) of the IPC at the IT Park police station on December 26.
"National security and sovereignty are paramount. Life and personal liberty will survive only in a strong democratic nation not in a terrorist dominated State," Jaitley said in a series of tweets. Related Stories 'ISIS linked group was plotting serial blasts in Delhi, north India': 10 big revelations by NIA NIA foils major plot by ISIS module to carry out serial blasts in Delhi; 17 raids in 5 cities, 10 arrested Busted ISIS inspired terror module masterminded by Amroha mufti; Ayodhya's Ramjanmabhoomi was on hitlist
New Delhi, Dec 25 (UNI) Union Finance Minister Arun Jaitley on Sunday said that corporates have been asked to spend two per cent of their profit on charity and service for specified purposes, a move that has benefitted educational institutions and hospitals which are short of funds.New Delhi, Dec 25 (UNI) The Western Air Command of Indian Air force has launched two Cheetah helicopters Hovering Hawks of the Udhampur based unit to carry out casualty evacuation from Chanderkot helipad on a short notice.
Talking to reporters after the meeting, which was chaired by Union Finance Minister Arun Jaitley, Puducherry Chief Minister V Narayanasamy said 33 items have come down from 18 per cent tax slab to 12 and 5 per cent tax bracket as they are common man s consumption goods. Related Stories PM Modi hints at GST concessions, warns of strict action against bank defaulters and fugitives Tax on TV, fridge, commonly used household items came down post GST: Finance Ministry report Rahul Gandhi spreading 'false' propaganda on GST, Assam farm schemes: Himanta Biswa Sarma 'Single slab GST argued by Rahul Gandhi indeed a stupid idea': Jaitley hits back at Cong president
Simply Put: This back series, that back series Arun Jaitley: GDP data revision by highly credible CSO Arun Jaitley: Need GST Council like institution in healthcare Prime Minister Narendra Modi gestures as he speaks at a function to launch the MSME Support and Outreach Programme, in New Delhi, Friday. (PTI Photo) Launching the Micro, Small and Medium Enterprises (MSME) Support and Outreach programme, Prime Minister Narendra Modi Friday announced the 12 historic decisions including 59 minute loan portal for sanction of up to Rs 1 crore for small and medium enterprises. He said the move will boost small and medium enterprises. "12 major decisions taken by the Central government for MSMEs Sector are proof that when after breaking silos, collective initiatives are taken, collective responsibilities are fulfilled and collective decisions are taken, it creates a comprehensive impact, " he said. The prime minister also talked about India 's jump in Ease of Doing Business Ranking. "It 's a matter of pride for us that India has taken a high jump of 23 ranks in "Ease of Doing Business " ranking this time. 4 years ago, when this govt wasn 't in power, we were at the 142nd position. Today we are at 77th rank and I believe that "top 50 #8243; isn 't too far from our reach, " he said.
G20: PM Modi meets Saudi Crown Prince Mohammed bin Salman India, China militaries should work hand in hand, says Chinese defence ministry Narendra Modi, K Chandrasekhar Rao diluted tribal rights law: Rahul Gandhi Prime Minister Narendra Modi with Finance Minister Arun Jaitley at the function to launch the MSME Support and Outreach Programme, in New Delhi, on Friday. (PTI) Announcing his ;Diwali gift; for small and medium enterprises, Prime Minister Narendra Modi on Friday said that loans of up to Rs 1 crore will be sanctioned in 59 minutes through a special portal as part of the Centre;s Micro, Small and Medium Enterprises (MSME) Support and Outreach programme. "I dedicate the 59 minute loan approval portal to you. All GST registered small and medium enterprises can now avail a loan of up to Rs 1 crore in just 59 minutes, " PM Modi said while addressing the crowd at the launch of the programme at Vigyan Bhavan in the national capital. Follow LIVE UPDATES here.
Around 400 petrol pumps in Delhi that also sell Compressed Natural Gas will remain shut for 23 hours from 6 am today in protest against the Delhi government's refusal to reduce Value Added Tax on diesel and petrol. The protest was called by the Delhi Petrol Dealers Association on October 10 days after 13 states slashed VAT following a request by Union Minister Arun Jaitley.
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The price of petrol has crossed the Rs 90 mark in Maharashtra's Parbhani. The oil is being sold at Rs 90.27 per litre in the area.The depreciating rupee and rise in Brent crude oil prices have marked the rise of fuel prices in India. Brent Crude was trading at $78.09 about $1.50 above last week s levels on Friday. The Indian rupee is trading around 71.84 against the dollar after hitting it lowest of 72.91.