When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25

Private equity and stressed asset funds continue to show interest in acquiring value assets undergoing insolvency proceedings despite delays and litigation

The new promoters of Jet Airways, the Murari Lal Jalan-Kalrock Capital consortium, said that Delhi, Mumbai and Bengaluru will remain the hubs for Jet 2.0 with sub-hubs in Tier 2 and Tier 3 cities

The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department

The meeting is crucial given that no private investor has so far shown keen interest in acquiring the debt-laden carrier forcing the government to extend bidding date thrice

Jet Airways will need $1 billion initial working capital, followed by $3 billion over the course of 5-7 years before the airline can break even; it needs to be seen whether the bidders can bankroll these expenses

If NCLT allows, Kalrock Capital and Murari Lal Jalan would have to take the airline off the ground again at a time when the aviation industry globally is in financial distress due to the pandemic

Jet Airways insolvency: The airline stated that the committee of creditors has not yet concluded the e-voting process under Section 30 (4) of the Insolvency and Bankruptcy Code

Stocks to watch today on September 29: Alkem Labs, IIFL Finance, Shalby, Central Bank of India, Max Healthcare among others are the top stocks to watch out for in Tuesay's trading session

India Stock Market Highlights Today: On hopes of the US Govt to announce a stimulated package, global markets begun the new trading week with modest gains.

Debt investors need to tread carefully in the fixed income market as the balance sheets of the two biggest issuers - the government and corporate sector - are not in the pink of health

Airlines have taken to the skies after two months. But their pain is far from over

The insolvency professional had sought permission of the tribunal for the sale of the premises after a resolution was passed at the 10th committee of creditors (CoC) meeting held on April 24 with approval of 74.45 per cent votes

The investors who were part of the suspended schemes at the time of sidepocketing will get their dues as and when recoveries are made in the segregated portfolio

Companies with low financial liabilities and high liquidity on their books have better chance to tide over the coronavirus-triggered deep slowdown

ED is probing money laundering charges against YES Bank founder Rana Kapoor; Anil Ambani's group companies took loans worth Rs 12,800 crore from the cash-strapped bank

Share Market LIVE: In terms of sector, gains in Financials, FMCG, media and private banks were capped by losses in PSU Bank, metal , IT and pharma scips

Share Market Update: BSE 30-share S&P Sensex ended 152 points lower at 41,170 and NSE 50-share index Nifty50 closed 45 points lower at 12,080.

Share Market Update: During Thursday's trade, Sensex climbed to a fresh all-time high of 42,059 and Nifty too has hit a new lifetime high of 12,389 from 12,374.25 earlier.

After the fall of Jet Airways, Air India is the only full-service domestic carrier serving to long-haul destinations in the US and Europe