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Jet Airways crisis: Lenders working on non-IBC resolution if stake sale fails to take off

Etihad Airways, TPG Capital, Indigo Partners, and National Investment and Infrastructure Fund (NIIF) have reportedly shown interest in buying stake in Jet Airways

 
 
Reliance Industries has an outstanding debt of Rs 2,87,505 crore and it grew by Rs 69,000 crore in financial year 2019 because of its investments in Reliance Jio
The Hyundai Venue is expected to take on the existing names like Maruti Suzuki Vitara Brezza, Tata Nexon, Mahindra XUV300 and the Ford EcoSport
The two parties are positive that the merger will be approved by the RBI, based on recent precedents where the central bank has approved similar amalgamations.
The companies are ranked on the basis of four criteria -- interest in the company, engagement with employees, job demand and employee retention
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