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Total 578 results found. Search for [ Bankruptcy court ]

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BusinessToday.In
New Delhi, June 19, 2019
With Wednesday's fall, Jet Airways shares plunged 97 per cent from its initial public offering price of Rs 1,100 on 14 March 2005


PTI
New Delhi, June 18, 2019
The decision of the lenders to seek bankruptcy comes exactly two months after the airline stopped flying on April 17, after being on the fringe since last July


BusinessToday.In
New Delhi, June 18, 2019
The Anil Ambani headed company borrowed Rs 9,863.89 crore from China Development Bank, which happens to be the biggest creditor to the debt-laden telecom company


BusinessToday.In
June 18, 2019
Jet Airways share price opened at a loss of 9.96% at 61.50 level on BSE. Jet Airways share price has fallen 45.06% during the last one week. The stock has fallen 84% during the last one year and lost 77.85% since the beginning of this year.


Nevin John | Avirat Parekh
June 17, 2019
The value of Ambani's un-encumbered equity stands at Rs 765 crore ($109 million) - barely 2 times the $50 million Bombardier Global Express jet he flies.


BusinessToday.In
June 17, 2019
Jet Airways share opened at a loss of 7.62% at 75.80 level on BSE. Jet Airways share price has fallen 43% during the last one week. The stock has fallen 81% during the last one year and lost 75% since the beginning of this year.


BusinessToday.In
June 13, 2019
Jet Airways share price slumped over 23%  to 84.80 level compared to the previous close of 110.40 on BSE. Jet Airways share opened at a loss of 9.96% at 99.40 and fell to a fresh 52-week low of 84.80 on BSE.


BusinessToday.In
New Delhi, June 11, 2019
TCS overtakes RIL to become most valued firm by market-cap, Maruti Suzuki cuts production by 18% in May, two operational creditors take Jet Airways to NCLT, Turkish group hacks Amitabh Bachchan's Twitter account, posts anti-India tweets and more news on the News Blast.


BusinessToday.In
New Delhi, June 11, 2019
Jet Airways crisis: Two promoters of Hinduja feel that it is too risky to get involved with the grounded airline now due to ongoing government investigations and the recent insolvency plea.


BusinessToday.In
New Delhi, June 11, 2019
Two operational creditors take Jet Airways to NCLT, hearing on June 13In a major setback to the lenders' revival/sale plan of the grounded Jet Airways, two operational creditors--Shaman Wheels and Gaggar Enterprises-- Monday moved the NCLT seeking bankruptcy proceedings against the airline. The tribunal issued notices to Jet Airways and banks which own the airline now and posted the matter for further hearing on June 13 when it will decide on admitting or rejecting the bankruptcy pleas.Slowdo...


PTI
June 11, 2019



BusinessToday.In
June 11, 2019
London-based Hinduja Group has decided to stop talks to buy a stake in the ailing airline, while Etihad Airways of Abu Dhabi has also stalled its plan to infuse more funds into the Mumbai-based airline, according to a report.


Manu Kaushik
New Delhi, June 10, 2019
Jet Airways might be heading for bankruptcy as it seems to have lost the chance to secure a buyer


Anand Adhikari
New Delhi, June 10, 2019
How the Finance Ministry and the RBI can avert an economic disaster


BusinessToday.In
June 10, 2019
If the Mumbai bench of the NCLT, presided over by VP Singh and Ravikumar Duraisamy, admits the petitions filed by Jet Airways' suppliers Shaman Wheels and Gaggar Enterprises on Monday, the grounded carrier's lenders will end up taking a massive hit


BusinessToday.In
June 10, 2019
Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.


PTI
June 8, 2019



Reuters
New Delhi, June 8, 2019
In Friday's circular, the RBI says lenders should work on a resolution plan based on the financial health of borrowers even before a default


PTI
June 7, 2019
The central banks said lenders shall recognise incipient stress in loan accounts, immediately on default, by classifying such assets as special mention accounts


BusinessToday.In
New Delhi, June 7, 2019
Aurobindo says the case appears to be devoid of merits and consists of baseless allegations; Aceto has sought fair compensation from the Indian drugmaker


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