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Suzlon debt resolution: Lenders may have to take 40-50% haircut
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Ola lays off around 500 employees; senior managers, mid-level employees take hit: report
Qatar wealth fund to pick 25% stake in Adani's Mumbai power utility business for Rs 3,200 crore
Meet N Srinath, the frontrunner for Tata Trusts CEO position
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Netflix may offer up to 50% discount on mobile-only subscription
Philips Smart Wi-Fi bulb review: Smart but not hassle-free
WhatsApp won't work on these phones from next year; check out list of devices
PUBG Mobile 0.16.0 update rolls out today; all you need to know
Vivo U20 8GB RAM variant launched in India: Check out price, camera, features, offers
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How Microfinance sector can leverage Big Data analytics for financial inclusion
Australian PM Scott Morrison India visit 2020: An opportunity for both the countries to make synergies work
AI, IoT, blockchain causing fresh threats to cyber security, says Sandeep Gupta of Protiviti
Convenience and cheaper options, why millennials are buying insurance online
Why travel insurance is key to your trips abroad
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[ Panama-based Avantulo Group ]
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South American, Russian firms shortlisted as final two bidders for Jet Airways: report
BusinessToday.In
New Delhi, September 5, 2019
The final bidders will be eligible to analyse financial data and other crucial documents related to the bankrupt airline, following which they can come up with a resolution plan
Jet Airways crisis: Creditors likely to recover only $300-$400 million in liquidation scenario
Reuters
New Delhi, September 5, 2019
Once India's biggest private carrier, Jet stopped flying in April after running out of cash, leaving thousands without jobs and pushing up airfares across the country
Jet Airways crisis: RP Ashish Chhawchharia hoping for the best even as experts remain sceptical
Manu Kaushik
September 4, 2019
Three entities have expressed interest. That includes Russian Fund Treasury RA Partners, Panama-based investment firm Avantulo Group and South American conglomerate Synergy Group Corp
Jet Airways share falls 4.91% after airline fails to attract new bidders
BusinessToday.In
September 3, 2019
Jet Airways stock opened 4.91% lower at Rs 37.75 compared to the previous close of 39.70 on BSE. Jet Airways share price has been losing for the last two days and has fallen 9.58% during the period.
Jet Airways crisis: Synergy Group consents to pick 51% stake in grounded airline if lenders take a deep haircut
BusinessToday.In
September 3, 2019
Jet Airways crisis: Synergy Group Corp which owns a majority stake in Colombian carrier Avianca Holdings, the second-largest airline in Latin America, operates several airlines in South America. Avianca Holdings also has a codeshare partnership with Air India.
Jet Airways crisis: Airline fails to attract new bidders during third extended deadline
BusinessToday.In
New Delhi, September 3, 2019
Jet Airways crisis: This is the third time lenders extended the deadline after August 3 and 10. The third deadline for submission of Expression of Interest (EoI) ended on August 31.
Jet Airways share hits 5% upper circuit on Synergy group stake buy buzz
BusinessToday.In
New Delhi, August 29, 2019
On the Bombay Stock Exchange (BSE), Jet Airways' stock gained as much as 4.90 per cent to Rs 41.75 apiece from Wednesday's close level of Rs 39.80 in an otherwise weak market
Synergy Group Corp plans to pick up 49% stake in Jet Airways; final date for bids extended till Aug 31
BusinessToday.In
August 29, 2019
German Efromovich, the South American conglomerate's founder, will visit India next month to discuss investment options with Jet Airways' lenders and domestic infrastructure companies
Jet Airways' lenders to discuss Rs 10 crore interim funding, initial bids at Monday meeting
BusinessToday.In
August 26, 2019
The airline's resolution professional Ashish Chhawchharia received an expression of interest from the overseas airline last week, well past the submission deadline of August 10
Jet Airways creditors' claims shoot up to over Rs 30,000 crore
BusinessToday.In
New Delhi, August 17, 2019
This comes after Eithad Airways, which owns 24 per cent stake in Jet, did not submit Expression of Interest (EOIs) for the stake sale in the bankrupt airline
Jet Airways hits lower circuit as Anil Agarwal's Volcan no longer interested in buying stake in airline
BusinessToday.In
August 13, 2019
The share of cash-strapped Jet Airways has hit 5 per cent lower circuit in intra-day trade on Tuesday after reports suggested that two potential investors, Volcan Investments and Eithad Airways, decided to back out.
Anil Agarwal's Volcan Investments dumps Jet Airways a day after showing interest
BusinessToday.In
August 12, 2019
In a statement on Monday, Anil Agarwal's Volcan Investments said that it took the decision to back away from Jet Airways based on its evaluations and other priorities
Anil Agarwal's Volcan Investments dumps Jet Airways a day after showing interest
BusinessToday.In
August 12, 2019
In a statement released on Monday, the investment company said that it took the decision to back away from Jet based on its evaluations and other priorities
Anil Agarwal's Volcan Investment seeks expression of interest for Jet Airways
BusinessToday.In
New Delhi, August 11, 2019
Volcan and Vedanta Resources are the parent companies of Vedanta Limited
Jet Airways stake sale: Etihad pulls back from the bidding process; lenders get only 3 EoIs
BusinessToday.In
August 11, 2019
Jet Airways stake sale: Etihad Airways which owns 24 per cent stake in Jet has not submitted its bid on Saturday. It was the last day of the bidding process which was extended for a week on August 3.
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