Jet Airways Bailed Out, Bullish Trends Anticipated in Markets

The Jet board had last Thursday cleared a “bank-led provisional resolution plan” (BLPRP) which will see SBI-led lender banks becoming its largest stakeholder after debt restructuring. Under this plan, Jet will see restructuring to meet a funding gap of nearly Rs 8,500 crore, including proposed repayment of Rs 1,700-crore aircraft debt, through steps like conversion of debt to equity, equity infusion and asset monetisation.

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Encounter between security forces and terrorists in the Pinglin area of ​​Pulwama district

An encounter between security forces and terrorists has begun in the Pinglin area of ​​Pulwama district of south Kashmir around midnight on Sunday. Two or three terrorists are suspected to be surrounded. The operation is being carried out by surrounding the entire area. On the information of the presence of terrorists, the search operation started […]

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