Jet Airways fined by NSE for failing to comply with listing norms - News Summed Up

Jet Airways fined by NSE for failing to comply with listing norms


New Delhi: Jet Airways was fined by the National Stock Exchange (NSE) today after the grounded airline failed to comply with listing norms for the quarter ending 31 March 2019. The stock exchange has imposed a fine of ₹415,000 on Jet Airways, NSE said in a statement. Jet Airways's CEO Vinay Dube resigned on Tuesday, a day after the chief financial officer (CFO) Amit Agarwal also put in his papers. Along with Jet, NSE has also fined and issued notices to almost 250 companies. Besides, NHPC, Star Paper Mills, Jindal Steel and Power, Bajaj Consumer Care, Usha Martin were also fined ₹2,000.


Source: Mint May 15, 2019 10:07 UTC



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