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Top 10 business headlines: Jet board meeting, Q4 results preview, and more

From Jet Airways board meeting to Q4 results preview, Business Standard brings you top 10 stories that made news on Monday

Jet Airways
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BS Web Team New Delhi
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