Given the precarious situation of Jet Airways, the balance sheet clearly leaves nothing for the existing equity shareholders

Commoners, actors, politicians, sports people and corporate heads have expressed concerns over the fall of India's most admired private airline

GVK to sell stake in GVK Airport Holdings to ADIA and NIIF; GVK holds 74% stake in Mumbai International Airport Ltd (MIAL), while Airports Authority of India owns the remaining 26%

Reliance Industries has an outstanding debt of Rs 2,87,505 crore and it grew by Rs 69,000 crore in financial year 2019 because of its investments in Reliance Jio

The finance ministry is looking at innovative Real Estate Investment Trusts (REITs) model for sale of land assets of CPSEs and also those which are classified as 'enemy property' by the government.

The Chinese IT major will reportedly increase its workforce in India to 1,000 people by the end of this year. One-fourth of this will be for strengthening content moderation

AI offers 'rescue' fares to stranded international passengers of Jet AirwaysAir India on Thursday announced special fares to international passengers of Jet Airways who have been stranded due to the grounding of the airline. The state-owned carrier's decision came hours after the civil aviation ministry asked airlines to look at whether there can be \"rescue fares\" for stranded passengers of Jet Airways. The \"special stranded\" fares have been offered to passengers at overseas airports such...

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.