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Total 110 results found. Search for [ jet airways revival plan ]

Results 1 to 21 of 110
Manu Kaushik
October 21, 2020
Jet Airways will need $1 billion initial working capital, followed by $3 billion over the course of 5-7 years before the airline can break even; it needs to be seen whether the bidders can bankroll these expenses


BusinessToday.In
October 19, 2020
The move to revive and operate the airline comes after the carrier had to suspend operations due to acute fund crunch an year ago


BusinessToday.In
October 19, 2020
India Stock Market Highlights Today: ONGC, followed by NTPC, HDFC, Axis Bank, ICICI Bank, PowerGrid and Nestle India were among the top gainer on Sensex pack. On the other hand, TCS, Tech Mahindra, Infosys and Sun Pharma were among the laggards.


PTI
October 18, 2020
If NCLT allows, Kalrock Capital and Murari Lal Jalan would have to take the airline off the ground again at a time when the aviation industry globally is in financial distress due to the pandemic


BusinessToday.In
October 17, 2020
Resolution professional Ashish Chhawchharia is in the process of filing an application to secure NCLT's approval for the resolution plan by Kalrock Capital-Murari Lal Jalan combine


BusinessToday.In
July 25, 2020
A consortium of Flight Simulation Technique Centre, Big Charter and Imperial Capital Investments LLC is one of the two entities that submitted resolution plans for Jet Airways earlier this week


Anand Adhikari
New Delhi, March 7, 2020
RBI's five-page draft scheme clearly says that SBI expressed willingness to invest in YES Bank; this is probably first time that the state-owned lender, with Rs 34 lakh crore assets size, came forward to bail out a new generation private bank


Reuters
January 17, 2020
If the deal is finalised, it will only involve a sale of part of the company's business and not impact the shareholding pattern, Jet said in a statement dated Jan. 16. It did not detail the assets held in Netherlands


BusinessToday.In
November 20, 2019
Market witnessed bullishness in the initial trading session mainly on the back of favourable cues on the domestic front.


Manu Kaushik
New Delhi, October 30, 2019
The aviation sector is facing strong headwinds due to economic slowdown and spike in costs


BusinessToday.In
October 9, 2019
Since a partial stake sale in the national carrier failed to garner interest last year, the government now plans to sell its entire stake. The proposal is awaiting clearance from a ministerial panel currently.


BusinessToday.In
New Delhi, September 26, 2019
The Jet Airways Resolution Professional had moved the NCLT on September 20, seeking directions to the banks, who own 51 per cent in the airline since March, to release interim funds


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


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


BusinessToday.In
July 22, 2019
Jet Airways Crisis: Etihad Airways and Hinduja Group which opted out of the fray to kick-start the airline earlier are likely to submit a joint Expression of Interest (EoI) to resurrect Jet.


Reuters
July 20, 2019
Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer.


BusinessToday.In
New Delhi, July 17, 2019
Jet Airways crisis: Over 20,000 employees of Jet Airways are facing an unprecedented crisis since they have not been paid their salaries and wages since January


BusinessToday.In
New Delhi, June 19, 2019
The creditors have been looking for a non-bankruptcy resolution ever since its temporary shutdown in April; Jet Airways owes over Rs 8,500 crore to the SBI-led consortium of banks


Mudit Kapoor
June 18, 2019
In the past 14 years Jet shareholders have lost Rs 11,397.18 crore from its peak market capitalisation of Rs 11,856.68 crore as on April 26, 2005. At that time, the share price of the airline had clocked an all-time high of Rs 1,373.35.


BusinessToday.In
New Delhi, June 18, 2019
Meanwhile, two independent directors of Jet Airways stepped down from the company's board, citing the failure of the bank-led resolution plan for the debt-laden airline as one of the reasons.


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