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Business News

Jet Airways Shares Soar After Founder Goyal Exits

Shares of Jet Airways rose as much as 8.6 per cent to 275.90 rupees, highest since Feb 1.

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After Jet Airways Bailout Vijay Mallya Criticises Public Sector Banks For "Double Standards"

In a series of tweets reacting to banks led by State Bank of India taking over management control of troubled Jet Airways, Mallya said,"...Only wish the same was done for Kingfisher".

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Sensex Recovers 77 Points, Nifty Inches Closer To 11,400 On Positive Asian Cues

The 30-share Sensex was trading higher by 77.38 points, or 0.20 per cent, at 37,886.29 in early trade

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Jet Airways Chairman Naresh Goyal Steps Down As Banks Move In With Rescue Plan

Goyal's exit as chairman brings an end to an era during which he built Jet into one of India's leading airlines with more than 120 planes, enviable landing slots and flights to places such as Hong Kong, Dubai, Paris and London

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Will Build 10 Singapore In Delhi If Full Statehood Granted: CM

Taking a dig at Prime Minister Narendra Modi, Kejriwal claimed when the PM was unable to handle Pakistan, how could he be expected to take care of Delhi Police

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The Resurrection Of Yearning: The PR Story Behind The Launch Of “JAWA”

This is an exciting prospect for the entire motorcycling community in India. From a PR perspective, it will be interesting to watch how marketing strategies play out

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Food Inflation Likely To Go Up To 2% In FY20, Says Goldman Sachs Report

Goldman Sachs said focus has now shifted to farmers who are protesting against low food prices and demanding higher returns on their crops.

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Jet Airways Chairman Naresh Goyal Steps Down, Halves Stake

Goyal's stake will be cut to 25.5% from the current 51%, while Etihad Airways' stake in the debt-laden carrier will also be halved to 12% to make room for the banks to take a controlling stake of 50.5%

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Karnataka Lets Off Ola With A Fine

Despite the ban, users in Bengaluru reported that they were still able to book a taxi or an auto-rickshaw through Ola's app over the weekend

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Indian Shares Join Asian Sell-off; Financials Top Drag

The benchmark BSE Sensex also shed 0.87 per cent to 37,828.37

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