Jet Airways Crisis: Etihad Airways and Hinduja Group which opted out of the fray to kick-start the airline earlier are likely to submit a joint Expression of Interest (EoI) to resurrect Jet.

Packaging a deal is just one part of the tale; the sale process for Air India could fail again without a buyer having such a big appetite.

RBI is coming down heavily on private banks' promoters who are not adhering to its guidelines on stake reduction and mandatory IPO

The Hindujas, promoters of IndusInd Bank, will infuse another Rs 2,700 crore into the private sector lender through a warrant issue to increase the promoter holding after the merger of Bharat Financial

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.

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

The SBI-led consortium of Jet Airways' lenders, currently busy hunting for new investors, is expected take a final decision on the fate of the grounded airline in the next two weeks before playing its last card, which is filing for bankruptcy

State Bank of India-led lenders to Jet Airways had hired Ernst & Young as the new auditor of the troubled airline to carry out forensic audit for the period between April 2014 and March 2018 in December last year

Hinduja Group has engaged investment bankers for due diligence

Goyal and his wife were travelling on a Dubai-bound Emirates flight (EK 507) when the immigration authorities stopped them and denied permission to fly

There was speculation in the market that the Hinduja Group may bid for Jet Airways this week, having got the approval of its key stakeholders, including founder Naresh Goyal and Etihad

Days after India-born industrialist brothers, Srichand and GP Hinduja, reclaimed the title of Britain's wealthiest with fortunes of 22 billion pounds to their name, Etihad and Jet Airways' lenders approached the Group to invest in the debt-ridden airline. The Group has engaged investment bankers led by SBI Capital Markets for due diligence.

From a tumbling stock and taxman concerns to a top level exodus amid desperate attempts to find a suitor, here are some key developments that will have a bearing on Jet Airways' future, if it ever manages to get off the ground again

Officials of Darwin Platform Group of Companies and SBI Caps Wednesday held discussions on the Group's unsolicited bid for crisis-hit Jet Airways.

Jet Airways crisis: Qatar Airways' request to be allotted more seats comes amid the Indian government's decision to cut the number of seats allotted to Jet Airways in the route

India-born industrialist brothers Srichand and GP Hinduja certainly boast deep enough pockets to revive the wingless Jet Airways, but talks are still at an exploratory stage

The second spot on The Sunday Times Rich List was secured by Mumbai-born David and Simon Reuben who posted a 3.56 billion pound increase in their fortunes