Moody's estimates that a sale of the remaining stake at a valuation similar to the current deal would increase PNB's CET1 ratio by approximately 70 basis points.
Shareholders, who had gathered for an extraordinary meeting just days after prosecutors arrested Ghosn in Tokyo again, also voted out another director, Greg Kelly, who has also been accused in the scandal.
The 30-share Sensex opened higher at 38,993.60 against the Friday's close of 38,862.23. It was trading at 39,013.22, up 150.99 points or 0.39 per cent, in early deals.
Forex traders said strong US job data and rising crude oil prices in overseas market added pressure to the domestic unit.
SBI, which is the lead lender of a consortium of domestic lenders that has extended loans to Jet Airways, is looking for "change in control and management" of the carrier.
Cho Yang-ho, 70, was on trial for corruption and his death comes less than two weeks after he was forced off the board by shareholders amid snowballing scandals surrounding his family members.
Under the debt resolution plan approved by the Jet Airways' board on March 25, lenders have taken majority stake in the airline and are set to infuse Rs 1,500 crore funds.
The option to pay Goods and Services Tax (GST) at reduced rate of 6 per cent would be effective from the beginning of the financial year or from the date of obtaining new registration during the financial year.
The minister's comments have come against the backdrop of former RBI Governor Raghuram Rajan recently raising doubts over the Indian economy growing at 7 per cent when not enough jobs were being created.
Airlines could expect an annual relief of up to Rs 5,000 crore by way of input tax credit if ATF is brought under GST.
The researchers found the enormous reptile by using male pythons fitted with radio transmitters, allowing them to track the male and locate breeding females, according to the post.
We may not be able to tell you just 'kab' Vikrant Massey's dialogue from Criminal Justice became a popular meme, but we can definitely tell you that it's here to stay for a while.
Royal Challengers Bangalore walked out in all greens on Sunday night but the change in uniform didn't affect the results for the home team after a lethal spell by Delhi Capitals' Kagiso Rabada and a spirited knock by Shreyas Iyer handed RCB their sixth consecutive defeat in the ongoing season of IPL.
Vineet Sharda seems well aware of the nature of his ranting chants. At a public rally in Meerut last week, Sharda could be heard urging people to vote for BJP’s lotus symbol by chanting ‘Kamal Kamal Kamal’ multiple times in a span of 36 seconds.
It wasn't a blink and you miss it moment either, it was probably the Marvel x George R. R Martin cross-over episode you needed.
While this may not be new to cat owners , there is a legitimate study backing it up now!
A video of the skipper sprinting out of the dressing rooms to meet the old woman and then warmly interacting with her for a quality amount of time was shared by the Indian Premier League's Twitter handle.
City authorities recently discovered that a fault in the 400-year-old statue's plumbing was causing him to pee away 2.5 tonnes of water a day.
Many on social media lauded former IIT-Bombay student Kanishak Kataria for his progressive statement, calling it an example of times changing for the better.
Nauroz is the Iranian New Year celebrated by Parsis across the world. The Kashmir New Year is called "Navreh".
Turns out the image tweeted by Koena Mitra is from a 2016 Muslim League rally held in Kozhikode.
News18 Wrap brings you some of the biggest stories on News18.com today to help you stay updated at all times.
Visitors to a circus act in Luhansk, Ukraine were horrified, yet savvy enough, to capture the ordeal of a performing lion finally having had enough of being made a plaything and biting back at its human tormentor/lion tamer.
The image of the baby boy along with the cop and paramedic went viral on social media with many christening the baby as 'McBaby'.
Representatives at Tulipan, the Argentinian manufacturer of the product, are confident that the product and the campaign will promote safe sex and prevent assault.
Trump has a history of objecting to windmills, presumably because he doesn't like competition when it comes to making noise.
'Never gonna give EU up,' is probably what Britishers are hoping for will happen if they pick Rick Astley for prime minister.
The annual report by Practo also revealed a wide disparity between the number of women who expresses sexual health concerns on online portals and men who did the same.
Metallica front-man James Hetfield has ditched the usual blacks and donned the cop uniform for Netflix's upcoming Ted Bundy biopic 'Extremely Wicked, Shockingly Evil and Vile.'
France was at the centre of a major scandal involving implants in 2010 after it emerged that the maker of a popular brand of implants had been filling them with a cheap industrial-grade silicone gel, which was more dangerous for wearers than medical-grade silicone.
The petition states that PewDiePie was responsible for the "normalisation of white supremacy", stating it as a reason for him to be permanently removed from YouTube.
After the attack, Jacinda Ardern's humane approach in consoling a grieving nation and dealing with its aftermath, including meeting the Muslim community members, was widely praised.
Mackenize Bezos, former wife of Amazon founder and richest man in the world, Jeff Bezos, proved that when she took to Twitter to create her first ever account to announce that she's newly single.
The 'symbolic' flooding opened the House up to many jokes and innuendoes comparing the leak to the current situation in post-Brexit (but not quite) Britain.
Discovery's broadcast also comes with global interest in Egyptian archeology generated by a "once in a generation" exhibition about the pharaoh Tutankhamun, which opened in Paris last month and will tour the world.
Pakistani cricketer Ahmed Shehzad dropped a regulation catch during Khyber Pakhtunkhwa vs Federal Areas clash in the ongoing Pakistan Cup 2019 on Wednesday.
Remember the six-year-old boy from Mizoram who has been going viral for trying to save a chick he accidentally ran over? He was just rewarded for his innocent gesture.
America's tallest mountain, Denali, could soon be a very shitty sight. Literally.
Millions Watched as a silver and a black car locked taillights in a fight to death over the same parking spot.
An Indian eatery in Hong Kong has taken the #foodporn to next level.
Deepika Padukone is all set to be back on screen with yet another highly-anticipated project called 'Chhapaak', a film based on the life of acid attack survivor Laxmi Agarwal.
Netflix US shared the title poster of an upcoming concert film on Beyoncé titled 'Homecoming'.
A blue saree-dress worn by Hina Khan has been termed a 'copy' of an outfit worn by Shilpa Shetty by the anonymous fashion critic handle Diet Sabya.
In the video, Priyanka Chopra along with Sophie Turner and Danielle Jonas are seen enthusiastically dancing on 'Sucker'.
Titled '83, the film follows how, under the then newly-appointed captain Dev, the Indian cricket team defeated West Indies in the final of the World Cup in 1983.
A group of RAW officers and their family members attended the screening of RAW, arranged before the film's release on Friday.
This weekend continued to prove that scares and superheroes are some of the most reliable money-makers at the box office.
Shah Rukh Khan feels there are lots of positive developments for female actors in the Indian film industry.
During a press conference held at Los Angeles, the Avengers: Endgame team left a number of seats empty for the characters who were snapped into oblivion by Thanos.
Hollywood star Will Smith says his trip to India awakened a new understanding of himself and the world around him.
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