Jet Airways' deputy chief executive and chief financial officer Amit Agarwal earlier this week had said the company was in talks with \"multiple interested parties\" for fund infusion.

Tata Sons board to meet today to decide Jet Airways takeoverThe board of Tata Sons is likely to meet Friday to discuss a proposal to take over the Naresh Goyal-controlled Jet Airways, which is looking for investors to tide over liquidity crunch that it has been saddled with, according to people familiar with the development. Airline's deputy chief executive and chief financial officer Amit Agarwal earlier this week had admitted that the company was in talks with \"multiple interested parties\...

The stock has been gaining for the last four days and risen 41.13% in the period. The small cap stock has lost 50.02% during the last one year and fallen 58.88% since the beginning of this year. Interestingly, the stock has gained 57.04% during the last one month.

Besides Goyal, who along with his family owns 51 percent stake in the carrier, Gulf carrier Etihad Airways holds 24 percent stake in the cash-strapped airline.

Media reports earlier this week suggested that the Tata Group had already started its due diligence process in order to pick up a controlling stake in Jet Airways, which recently reported its third consecutive quarterly losses for the quarter ending September.

The stock has been gaining for the last three days and risen 26.87% in the period.  The small cap stock opened with a gain of 4.46% at 269.25 on the BSE. The stock has lost 61.12% during the last one year and fallen 67.68% since the beginning of this year.

Apple appoints Nokia's Ashish Chowdhary to lead India operationsApple has appointed Nokia's Chief Customer Operations Officer (CCOO) Ashish Chowdhary as operation head for India to oversee the sales function. Chowdhary had joined Nokia in 2003 and will take responsibilities in Apple from January 2019. Apple CEO Tim Cook had recently said how the company has a \"long-term focus on the market\" in India. Chowdhary, replacing the company's current India operations head Michel Coulomb could be a ...

On Monday, the airline reported its third consecutive quarterly loss at Rs 1,261 crore in three months to September.

Last Monday, shares of the cash-strapped airline had soared 9.5% on reports of initiation of a second round of talks with the salt to software conglomerate for a deal.

Another crippling factor was the forex loss, which jumped more than six-times to Rs 416.69 crore from Rs 72.99 crore in the year-ago period.

The full service carrier is battling financial woes and has been delaying salary disbursement to its senior management, pilots and engineers since August.

SC orders seizure of 15-year-old petrol, 10-year-old diesel vehicles as smog turns life-threatening in Delhi-NCR; government upset with RBI for making rift public after Viral Acharya's warning on its independence; Delhi High Court directs CBI to maintain status quo on proceedings against Rakesh Asthana; Jet Airways to get help from Ratan Tata, Mukesh Ambani? SBI, Hitachi Payments form joint venture for digital payment platform. Watch more in this episode of Business Wrap.

SC orders seizure of 15-year-old petrol, 10-year-old diesel vehicles as smog turns life-threatening in Delhi-NCR; government upset with RBI for making rift public after Viral Acharya's warning on its independence; Delhi High Court directs CBI to maintain status quo on proceedings against Rakesh Asthana; Jet Airways to get help from Ratan Tata, Mukesh Ambani? SBI, Hitachi Payments form joint venture for digital payment platform. Watch more in this episode of Business Wrap.

SC orders seizure of 15-year-old petrol, 10-year-old diesel vehicles as smog turns life-threatening in Delhi-NCRAll 15-year-old petrol and 10-year-old diesel vehicles need to be impounded in Delhi-NCR, the Supreme Court ruled on Monday as air quality became more dangerous. Politicians, however, continued to do what they do best - play the blame game. The judicial intervention came on a day when pollution in 10 areas in Delhi hit the severe mark - the sixth and the last stage on th...