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BusinessToday.In
New Delhi, March 25, 2019
Following the promoter Naresh Goyal exit, the consortium of Indian lenders, led by State Bank of India (SBI), will become the majority shareholders of Jet Airways.


PTI
March 25, 2019



PTI
March 25, 2019



PTI
March 25, 2019



PTI
March 25, 2019



BusinessToday.In
March 25, 2019
Goyal and his wife have stepped down from Jet Airways' board under a resolution plan piloted by its lenders.


PTI
March 25, 2019



PTI
March 25, 2019



PTI
March 25, 2019



PTI
March 25, 2019



BusinessToday.In
March 25, 2019
The consortium of banks, led by SBI, may invoke the entire 51 per cent stake of Naresh Goyal in the airline. Following this, the lenders will start looking for a new buyer in the coming weeks.


PTI
March 25, 2019



PTI
March 24, 2019



PTI
New Delhi, March 24, 2019
The government has garnered Rs 700 crore through the first ever sale of 'enemy shares' after the Cabinet in November 2018 gave its go-ahead to the DIPAM to sell such shares held in companies.


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


BusinessToday.In
March 23, 2019
Jet Airways, which has a debt of a billion dollars, has failed to pay lenders and aircraft lessors and has grounded one third of its fleet.


PTI
New Delhi, March 23, 2019
The cash-strapped airline has grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54


PTI
New Delhi, March 23, 2019
The cash-strapped airline has grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54


PTI
March 22, 2019



PTI
New Delhi, March 22, 2019
The bonds with a face value of Rs 10 lakh each bears a coupon rate of 9.45 per cent per annum payable annually with call option after 5 years or any anniversary date thereafter


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