Jet Airways share price slumped over 23%  to 84.80 level compared to the previous close of 110.40 on BSE. Jet Airways share opened at a loss of 9.96% at 99.40 and fell to a fresh 52-week low of 84.80 on BSE.

London-based Hinduja Group has decided to stop talks to buy a stake in the ailing airline, while Etihad Airways of Abu Dhabi has also stalled its plan to infuse more funds into the Mumbai-based airline, according to a report.

The tribunal issued notices to Jet Airways and banks which own the airline now and posted the matter for further hearing on June 13 when it will decide on admitting or rejecting the bankruptcy pleas.

Why is Ajay Piramal exiting the Shriram Group of companies in which he invested heavily only six years ago?

The investment deal being hashed out with SoftBank Vision Fund is close to three times the amount of funds it has managed to raise since it was founded and if things go to plan will see Lenskart's valuation jump over 176 per cent in just nine months

The buzz is that Ranjan Pai-owned Manipal Hospitals has begun confirmatory due diligence on Medanta assets and an agreement is likely to be signed in the next 60 days

Following the closure of Jet Airways' operations, SpiceJet, Vistara and AirAsia had approached the airline to buy its narrow-bodied aircraft B737

SBI chairman Rajnish Kumar said that many investors are showing interest in buying stake in Jet Airways

Officials of Darwin Platform Group of Companies and SBI Caps Wednesday held discussions on the Group's unsolicited bid for crisis-hit Jet Airways.