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Top 10 business headlines: Jet Airways revival, Karnataka bans Ola, more

From Jet Airways bailout plan to Amazon's grocery expansion plan, Business Standard brings you top 10 business stories that made news on Friday

Illustration by Binay Sinha
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Illustration by Binay Sinha

BS Web Team New Delhi
Crisis-hit Jet Airways' lenders struggle for consensus on revival plan

The lenders to Jet Airways are yet to come to an agreement on firming up a rescue package for the airline, which is left with a skeleton fleet. While State Bank of India (SBI), leader of the lenders’ consortium, is working overtime to arrange emergency funds, many other banks are resisting such a move. After a meeting of banks on Friday on ways to make funds available immediately, a source in the know said lenders other than SBI and Punjab National Bank had not come on board so far to chip

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