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Total 188 results found. Search for [ gulf airways ]

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BusinessToday.In
New Delhi, April 19, 2019
Even if the stake sale does not go through and the grounded Jet Airways gets dragged to bankruptcy court, experts say that its lenders may have to settle for a 50-60% haircut. 


Anilesh S Mahajan
April 18, 2019
Tellis: There is no alternative to a tough policy towards Pakistan. All other alternatives have been tried without success


Prosenjit Datta
April 16, 2019
The bankers are well aware that if they don't give out the money, the Jet board has recommended stopping operations


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?


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 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
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
March 25, 2019



PTI
March 25, 2019



PTI
New Delhi, March 24, 2019
Current promoters of Jet Airways have to exit before a new investor can be roped in. The entry of new promoter is unlikely before two to three months


PTI
March 22, 2019



BusinessToday.In
New Delhi, March 22, 2019
Nirav Modi to be held in one of England's most overcrowded jails; may share cell with other prisoners Fugitive diamantaire Nirav Modi, arrested by Scotland Yard on behalf of the Indian authorities, will be held at a prison in south-west London considered one of England's most overcrowded jails. The 48-year-old, who appeared in the dock at Westminster Magistrates' Court in London on Wednesday in a sombre white shirt and trousers, was taken to Her Majesty's Prison (HMP) Wandsworth after he was ...


BusinessToday.In
New Delhi, March 21, 2019
SBI has asked Naresh Goyal along with his wife Anita Goyal, Executive Director Gaurang Shetty and Independent Director Nasim Zaidi to step down from Jet board as part of bank-led resolution plan.


BusinessToday.In
March 20, 2019
In addition, it has offered to sell its 50.1% stake in Jet Privilege, estimated to be worth Rs 1,000 crore, to the state-owned bank. This move by the Gulf carrier threatens to derail Jet Airways' bailout plan


PTI
New Delhi, March 19, 2019
Jet Airways is grappling with acute financial woes that has resulted in grounding of a significant number of planes, defaulting on debt repayments and delay in payment of salaries to pilots and other senior officials.


PTI
March 19, 2019



PTI
March 15, 2019
According to the draft resolution plan, Etihad will bring in around Rs 1,800 crore as fresh equity and increase its stake to 24.9 percent, while Naresh Goyal will chip in with Rs 750 crore. The rest of the Rs 3,800 crore come from other investors.


PTI
March 12, 2019
Under the proposed deal, Goyal would step down as chairman and director of Jet Airways but can nominate two persons to the airline's board.


PTI
New Delhi/Mumbai, March 12, 2019
Jet Airways has a debt burden of more than Rs 8,000 crore and has been looking at various ways to raise funds.


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