KKR will invest Rs 11,367 crore into Jio Platforms
Amidst mounting concerns that many promoters who have got their loans restructured are misusing the CDR mechanism, bankers today called for higher equity infusion, to the tune of one-fourth of the CDR demand.
The final meet to seal fate of SBI equity infusion is soon to take place with the finance secretaries to mull options tomorrow, reports CNBC-TV18's Aakansha Sethi.
The finance ministry is driving a tough bargain for equity infusion into Air India. The aviation minister met with the finance minister and has asked for over Rs 2,000 crore in support for Air India in the budget. CNBC-TV18’s Mehek Kasbekar shares more details on what does Air India have to do now.