Oil companies defer decision to suspend fuel supplies to Air India

IOC, HPCL and BPCL had earlier this month threatened to snap aviation turbine fuel supplies to Air India.

Citi pays USD 30 million fine to settle real-estate violations: regulator

Federal law limits the time a national bank may hold foreclosed and “other real estate owned” (OREO) assets.

A total of 100,000 bookings made by direct debit would be refunded within the next 14 days.

The company has made interest payments in lieu of Rs 961.95 crores as committed to its debenture holders.

This move is in line with the company’s commitment to enable the co-creation of innovative fintech products.

PDVSA is only the original physical supplier, as the crude oil originates in its export facilities.

India’s bankruptcy court had approved ArcelorMittal’s USD 6 billion bid for debt-ridden Essar on March 8.

Jet Airways delayed March payment to its all 16,000 employees for the third time since September last year.

Jet has been saddled with debt of over USD1 billion due to tight competition and rising fuel costs.

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