Lenders want Naresh Goyal, Etihad to salvage Jet Airways

The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to ma­ke repayments of up to Rs 1,700 crore by the end of Ma­rch. IMAGE: Naresh......

Why banks will have fewer branches

'With technology advancing rapidly, the need for branches is declining,' HSBC India CEO Stuart Milne tells Niraj Bhatt and Anup Roy.Illustration: Dominic Xavier/Rediff.com The chief executive......

Etihad Airways to get right of first refusal

Will be the first choice if Naresh Goyal decides to sell stake in future The deal between Etihad Airways and Jet Airways has a ‘right of first refusal’ clause, which gives the Abu......

Markets close flat after a range bound trading

Key benchmark indices closed on a flat note as investors treaded cautiously on account of February month derivative expiry and the Union Budget 2013-14.The S&P BSE Sensex closed up 15 points at......

How the coronavirus virus has impacted sports events

IMAGE: Empty seats inside the Allianz Stadium in Turin after fans were banned from attending the Italian Serie A match between Juventus and Inter Milan on Sunday. Photograph: Massimo Pinca/Reuters......

Sports Shorts: Shubhankar makes cut in Abu Dhabi

A summary of sports events and sports persons, who made news on Friday. IMAGE: India golfer Shubhankar Sharma in action. Photograph: Ross Kinnaird/Getty Images Shubhankar Sharma assured himself of......

Rory McIlroy sizzles in Dubai Desert Classic

Rory McIlroy hit a sizzling nine-under 63 in the opening round of the $2.5 million Dubai Desert Classic on Thursday, bolstering his hopes of claiming a first European tour win since 2012. Playing......

McIlroy reckons Nike deal will improve his game

World No 1 golfer Rory McIlroy praised the clubs of his new sponsor Nike on Monday saying he was hitting the ball further than ever after agreeing a multi-year sponsorship deal with the U.S.......

Qataris refuse to pay Woods $3 million appearance fee

Tiger Woods may guarantee packed galleries but even the oil-rich Qataris cannot afford the former World No 1's appearance fee for the only European Tour event in the Gulf state. The American's......