The Tata Tiago is also the country’s most awarded compact hatchback.
The carrier, which owes the banks over Rs10,000 crore (around $1.5 billion), also announced its fourth consecutive quarterly loss yesterday (Feb.14).
Ericsson had accused Ambani and others of going back on the undertaking given to the court that they would pay Rs 550 crore to the Swedish telecom company.
Jet Airways’s extraordinary general meeting later this month in Mumbai will seek shareholder approval to increase authorized share capital by issuing equity and preferred shares.
Earlier this week, the TRAI had extended the deadline for switching to the new channel pricing and subscription tariff regime—subscribers now have till 31 March to make the switch and will ideally not face disruption of services in the meantime.
A penalty of Rs 2 crore has been imposed on Corporation Bank and Rs 1 crore each State Bank of India (SBI), Bank of Baroda and Union Bank of India.
The contract of 2016 was concluded at 2.86% less than the price of the 2007 offer.