A maximum of 58 per cent rise in fare was seen on the Mumbai-Toronto route in June, followed by 49 per cent on the Mumbai-New York route; the Mumbai-Singapore route saw 36 per cent rise in fare

The National Company Law Tribunal has asked the IRP to submit a status report on the resolution process every fortnight. The first status report is to be submitted on July 5

The SBI had filed an insolvency petition against Jet Airways before the Mumbai bench of NCLT on Tuesday; considering the airline's low assets value and high debt it could be head towards liquidation

Calling it a matter of \"national importance\", the Mumbai bench of NCLT asked the IRP to take control of Jet Airways' assets and resolve the matter within three months

The sudden rise in Jet Airways stock comes ahead of an order to be passed by National Company Law Tribunal (NCLT) on insolvency plea filed by country's largest lender SBI.

The creditors have been looking for a non-bankruptcy resolution ever since its temporary shutdown in April; Jet Airways owes over Rs 8,500 crore to the SBI-led consortium of banks

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

Meanwhile, two independent directors of Jet Airways stepped down from the company's board, citing the failure of the bank-led resolution plan for the debt-laden airline as one of the reasons.

Captain Asim Valiani, President of the pilot union National Aviators Guild said that many employees did not accept good offers because they believed that revival was on the cards

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.

Jet Airways crisis: After failing to find a resolution outside the bankruptcy framework for the debt-ridden Jet Airways, the SBI-led consortium has decided to move the NCLT for realising their dues

Vedanta has won 51 blocks out of the 87 that were auctioned in the three rounds of bidding under OALP.

Piramal Enterprises has sold its entire direct investment of 9.96 percent in the fully paid-up share capital of Shriram Transport Finance Company Ltd to third party investors on the floor of the stock exchange

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.

The Abhinandan 151 prepaid recharge plan brings 1GB daily data and 100 SMS messages per day for 24 days

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.

The National Stock Exchange of India (NSE) said on Wednesday that shares of Jet Airways Ltd would be pulled out of daily trading, citing the embattled carrier's failure to respond to queries about rumours in the market.

The fine submitted by Birju Salla, the first person to be booked under the Anti Hijacking Act, will be distributed among the crew members and passengers on board the affected Jet plane.