The Jalan Kalrock Consortium (or JKC) has appointed Srihari Venugopal as Vice President of Network Planning and Tanay Palshetkar as Assistant Vice President of Pricing and Revenue Management for Jet Airways. Both Venugopal and Palshetkar will report to the airline’s CEO Sanjiv Kapoor.
Lookout circulars have been issued against the bosses and senior executives of ABG Shipyard in a Rs 23,000 crore alleged bank fraud case. A lookout circular is used to stop any person wanted by the law enforcement authorities from leaving country.
UBS bank wins case, UK court orders eviction of Vijay Mallya from his plush London home - The judge rejected permission to appeal against his order or to grant temporary stay of enforcement. It signifies UBS can go with possession process.
This court order is a huge setback for the fugitive economic offender who left India on March 2, 2016 and has been evading Indian authorities ever since.