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BusinessToday.In
New Delhi, June 21, 2019
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


BusinessToday.In
June 20, 2019
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


BusinessToday.In
June 20, 2019
Key stock indices recovered from early fall today backed by buying across sectors and rose as much as 1.20% by the closing bell.While Sensex ended the days trade at 39,601, up 488 points, Nifty closed at 11,831, gaining 150 points. Sensex touched an intraday high of 39,638.64 and Nifty reached 11,843.50 as its day's high. 42 out of 50 stocks traded in the green on the Nifty and only 4 out of the 30 stocks were down on Sensex by the closing bell.Sectorally, all the indices ended in t...


BusinessToday.In
June 20, 2019
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.


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


Reuters
June 19, 2019
The monsoon season starts with rains on the southern Kerala coast around June 1, and usually covers the country by the middle of July


BusinessToday.In
New Delhi, June 19, 2019
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


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


Mudit Kapoor
June 18, 2019
In the past 14 years Jet shareholders have lost Rs 11,397.18 crore from its peak market capitalisation of Rs 11,856.68 crore as on April 26, 2005. At that time, the share price of the airline had clocked an all-time high of Rs 1,373.35.


BusinessToday.In
June 18, 2019
Amid volatile trade, domestic equity benchmark indices, BSE Sensex & NSE Nifty snapped four-day losses and gained over 0.20 % each to close in the green today.Sensex ended higher by 85 points at 39,046, while Nifty rose 19 points to close at 11,691. Of 50 Nifty stocks , 32 closed higher and on Sensex, 20 ended in the green.On the sectoral front, except FMCG, Pharma, Media and Auto stocks, all other indices advanced on the closing bell, with maximum gains in IT, Metal and E...


BusinessToday.In
New Delhi, June 18, 2019
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.


PTI
June 18, 2019



PTI
June 18, 2019



BusinessToday.In
New Delhi, June 18, 2019
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


BusinessToday.In
New Delhi, June 18, 2019
Extending previous session losses, Reliance Infrastructure share price declined as much as 16.90 per cent to hit a record low of Rs 46.95 on the BSE


BusinessToday.In
June 18, 2019
HDFC Asset Management Company share price fell up to 6.67% to Rs 1,801.05 level compared to the previous close of 1,929.75 level on BSE.


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.


BusinessToday.In
June 17, 2019
Benchmark indices Sensex and Nifty, fell over 1.25% each to close into bearish territory on Monday. The Sensex ended down by 491 points at 38,960, while Nifty fell down by 151 points to close at 11,672.Overall 28 out of 30 stocks closed in the red on Sensex and 46 out of the 50 stocks were bearish on Nifty.All the major indices ended down today, with Nifty metal, down almost 3% and Energy falling over 2%, followed by 1.7% fall each in Media and Auto indices. Least falling indices ...


BusinessToday.In
New Delhi, June 17, 2019
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


Nevin John | Avirat Parekh
New Delhi, June 17, 2019
Vedanta has won 51 blocks out of the 87 that were auctioned in the three rounds of bidding under OALP.


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