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Total 147 results found. Search for [ Jet airways bidding process ]

Results 100 to 120 of 147
BusinessToday.In
New Delhi, April 16, 2019
Some of Jet Airways' lenders want founder Naresh Goyal to pledge more of his shares as collateral for advancing further loans. The airline's management is due to meet today to consider next steps


Manu Kaushik
April 15, 2019
Goyal's expression of interest in regaining the control of the airline is yet to be legally scrutinised by the lenders, but his interest leads to three disparate possibilities


BusinessToday.In
New Delhi, April 15, 2019
SBI chairman Rajnish Kumar has already made it clear that \"nobody is barred from bidding or taking over the airline\" as per the rules.


Manu Kaushik & Anand Adhikari
New Delhi, April 17, 2019
Can India's premier airline be rescued?


PTI
April 13, 2019
Airline sources said Goyal has put in the bid for Jet Airways. It couldn't be immediately ascertained whether he has partnered with any entity or airline for the bid.


BusinessToday.In
New Delhi, April 12, 2019
Jet Airways on Thursday informed the stock exchanges that lessors had grounded 10 more of its planes, bringing its fleet strength down to 14 from 123 planes in operations at the peak


Aprajita Sharma
New Delhi, April 12, 2019
Equity rights issues that have hit the Dalal Street so far this year includes telecom giant Vodafone Idea's Rs 25,000 crore issue, which is the largest-ever by any company in the country. It opened for subscription earlier this week and will close on April 24. Market rival Bharti Airtel's similar size issue is expected to come out soon.


Niti Kiran
New Delhi, April 12, 2019
In FY19, sales are expected to grow by 24 per cent, while earnings before interest, tax, depreciation and amortisation (EBITDA) by 15 per cent and the bottom line numbers are expected to grow by 11 per cent.


BusinessToday.In
New Delhi, April 12, 2019
Etihad, which had previously asked SBI to purchase its entire 24% stake in Jet Airways, submitted its expression of interest (EoI) on Thursday, a day after the SBI-led consortium extended the deadline for initial bid submission to April 12.


BusinessToday.In
New Delhi, April 11, 2019
Naresh Goyal, who owns a 51 per cent stake in the airline, has pledged over 2.95 crore shares or 26.01 per cent stake with state-owned Punjab National Bank.


BusinessToday.In
New Delhi, April 10, 2019
The revival plan for the airline drawn up by the SBI-led consortium had included an emergency interim funding of Rs 1,500 crore, but that full amount is yet to come. Goyal currently owns around a 22% stake in the airline


BusinessToday.In
April 10, 2019
Share Market Updates: While Sensex fell 353 points to close at 38,585, Nifty ended 87 points lower at 11,584 level.


BusinessToday.In
New Delhi, April 9, 2019
Private equity investors including TPG and wealth fund NIIF, US-based airline companies, Tata Group and Adani Group have been approached by lenders to find a resolution for the debt-ridden airline.


BusinessToday.In
New Delhi, April 8, 2019
BJP releases slogan, theme song a day before manifesto releaseThe Bharatiya Janata Party (BJP) released their slogan, theme song and TV commercials for the 2019 Lok Sabha election campaign. The party is likely to release its manifesto for the upcoming General Elections on Monday. BJP's theme for the 2019 Lok Sabha elections would be 'Phir Ek Baar Modi Sarkar'.Paytm Mall plans to hire 300 people in next few monthsAlibaba-backed Indian e-commerce firm Paytm Mall has hired 200 people across vari...


BusinessToday.In
New Delhi, April 8, 2019
That would be a big blow for the ailing airline since the Boeing 777s have been cited as collateral for additional loans under its latest revival plan. Meanwhile, its lessors are beginning to approach DGCA for de-registering their grounded planes.


PTI
Mumbai/ New Delhi, April 8, 2019
SBI Capital Markets would be assisting and advising the lenders on the bid process. The bids have to be submitted by April 10.


PTI
New Delhi, April 8, 2019
Jet's lenders said they plan to seek expressions of interest in the airline from potential investors from April 6 and that all submissions from interested parties are expected to be completed by April 9


PTI
April 7, 2019
The bidding process for stake sale in the cash-starved Jet Airways is likely to commence from Monday as the bid document is still to be given a final shape


PTI
April 3, 2019
However, the timeline for implementing phase 2 and phase 3 shall remain unchanged from the date of completion of phase 1


BusinessToday.In
March 27, 2019
\"Jet is in talks with leasing companies to restart operating several of its grounded aircraft, and assured the government that it will not ground any more aircraft and strive to increase the seat-capacity in coming weeks,\" Pradeep Singh Kharola, secretary at India's civil aviation ministry, told in a news conference on Tuesday.


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