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Jet Airways has cancelled all international flights till Friday morning due to scarcity of funds. Flights to Amsterdam, Paris and London have been cancelled for two days. Jet Airways informed the exchanges late on Thursday that it has grounded 10 additional aircraft. "Jet Airways had proactively cancelled all west-bound long haul flights from India from Thursday until Friday morning," reported news agency Reuters quoting a company spokesman. He would not say whether Jet's operational fleet was now less than 20, only that it was in the double digits, according to the report. The National Aviator's Guild (NAG), a trade union of Jet Airways pilots, will hold a meeting with its members today for clarification on unpaid salaries. In a letter to its members on Thursday, it wrote: "It is time to seek for some answers, to humbly ask those who have the power to help us what the future may hold."

The bench headed by Chief Justice Ranjan Gogoi said it will decide on the issue of "contempt of court" only.

As per rules, an airline needs to have minimum 20 aircraft to be eligible to operate international flights.

The fact that Mr Goyal could still enter the Jet Airways was clear on March 27 when State Bank of India (SBI) chairman Rajnish Kumar said the buyer could be anyone, a financial investor, an airline. There is no legal bar on anyone with a funding and revival plan in place. The option is open for anyone including Naresh Goyal and Etihad to bid for the stake.

Naresh Goyal quit last month as the chairman of Jet as part of a SBI-led banking consortium's debt resolution plan.

Saddled with more than $1.2 billion of bank debt, Jet Airways has been teetering for weeks and has yet to receive a loan of about $217 million from its lenders as part of a rescue deal agreed in late March.

RBI earlier said it is yet to approve Lakshmi Vilas Bank-IHFL merger. In a statement the RBI had noted that it would examine the proposal as per extant regulatory guidelines and directions.

This is the second time the refiner has halted fuel supplies to crisis-stricken Jet, which is saddled with over $1.2 billion in debt and owes money to banks, aircraft lessors, suppliers, pilots and others.

The court issued notice to RBI and Google India seeking their stand on the issue raised in the plea by Abhijit Mishra, who has contended that GPay does not figure in RBI''s list of authorised ''payment systems operators'' released by the central bank on March 20, 2019.

Vodafone Idea share price: Vodafone Idea said its top priority is to integrate quickly to improve customer experience and profitability. CEO Balesh Sharma said that expanding coverage will enable the company to offer a superior network experience to its customers, add broadband customers and improve profitability.

The National Aviator's Guild has threatened to initiate legal action unless the January-March salaries of the pilots are cleared by April 14. The Jet Airways pilots, via their counsel, claimed that despite raising the issue time and again with the management, the schedule of payment is getting delayed each time.

On Monday, lenders of Jet Airways invited EoI for stake sale in the company to recover their dues worth Rs 8,000 crore.

ArcelorMittal's resolution proposal for Essar Steel provides financial creditors Rs 41,987 crore out of their total dues of Rs 49,395 crore.

Jet Airways has posted losses in eight of the past 10 years and its share of the domestic passenger market has fallen to about 15.5% in 2018 from 22.5 per cent in 2015.

Masayoshi Son struck a preliminary deal to put another $1.1 billion into Ola to boost his stake to more than 40 percent, according to people familiar with the matter.