Jet Airways stares at shutdown, board meets today as lenders refuse funds
India’s first private airline Jet Airways is headed towards a total grounding and a decision could be taken as early as Tuesday after a meeting of its board of directors. Left with no cash, a seven-plane fleet and fuel to run operations only till Tuesday afternoon, the end is imminent, said sources close to the development. Read more here
Nestle drops plan to pay royalty in perpetuity to Swiss parent
Nestlé India has dropped a controversial proposal to pay royalty in perpetuity to its Swiss parent

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