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How Much Dues Paid To Jet Airways Employees? Supreme Court To New Owners
The Supreme Court on Wednesday asked the Jalan-Kalrock consortium, the new owners of cash-strapped Jet Airways, how much have they paid towards dues on account of provident funds and gratuity to former employees of the troubled airline.
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Jet Airways Founder Siphoned Off Money Abroad Via Trusts, Says Court
Jet Airways founder Naresh Goyal, arrested in an alleged Rs 538 crore bank fraud case, siphoned off funds from India to overseas by creating various trusts and used them to buy properties, a special court in Mumbai noted.
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Supreme Court Upholds Order Directing Jet Airways To Clear Dues Of Ex Employees
In a setback to the Jalan-Fritsch consortium, the new owners of the cash-strapped Jet Airways, the Supreme Court on Monday upheld an NCLAT order directing the payment of the provident fund and gratuity dues of the airline's former employees.
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Why Plan To Revive Jet Airways Is In A Mess
Lenders to bankrupt Jet Airways India Ltd. are resisting a court-approved resolution plan, further delaying the former No. 1 private airline's return to the skies, according to people familiar with the matter.
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Tribunal Directs Jet Airways To Clear Unpaid Dues Of Employees
Insolvency appellate tribunal NCLAT on Friday directed Jet Airways' new owner - Jalan-Kalrock consortium - to pay the unpaid provident fund and gratuity dues of employees of the carrier, which is going to restart its operation.
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Jet Airways Founder Naresh Goyal Questioned In Alleged Foreign Funding Violation Case
Naresh Goyal, founder of the now-grounded Jet Airways, was today questioned by the Enforcement Directorate in connection with alleged foreign direct investment violations when Etihad Airways acquired stakes in Jet Privilege PrivateLimited in 2014
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Jet Airways Funds Siphoned Off, Foreign Investment Rules Violated Before Collapse? Probes Launched
Days after former Jet Airways chairman Naresh Goyal and wife Anita Goyal were dramatically taken off an aircraft to stop them from leaving the country, NDTV has learnt that two separate investigations have been launched against former promoters of the crisis-hit airline - including the couple - to find out if there was any financial irregularity in...
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Crew Of Jet Airways' Last Flight Pose For A Final Photo
The crew of the last Jet Airways flight poses for a commemorative photograph after the flight completed its journey from Amritsar to Mumbai. The airline faces debts over 8,000 crores and has failed to secure funding to pay lenders
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Read Jet Airways Statement On Temporary Suspension Of Flight Operations
Late last night, Jet Airways was informed by the State Bank of India (SBI), on behalf of the consortium of Indian Lenders, that they are unable to consider its request for critical interim funding: Jet Airways
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Jet Airways Suspends Operations, Hopes To Be Back Soon: 10 Points
Jet Airways, once India's top airline now hit by a debt-crisis, said on Wednesday that it was suspending operations temporarily, having failed to secure emergency funds from its lenders. The airline, saddled with more than Rs 8,000 crore of bank debt, has been teetering for weeks after failing to receive a stop-gap loan of about Rs 1,500 crore from...
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Jet Pilots Appeal To PM To Save 20,000 Jobs As 23 More Quit Over Crisis
Banks remain reluctant to infuse an emergency funding of Rs 1500 crore into Jet Airways, which the teetering airline has sought to stay afloat as it faces a severe cash shortage.
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Jet Airways Grounds 4 Planes After Non-Payment Of Lease Rentals
Crisis-hit Jet Airways on Thursday said four of its aircraft have been grounded due to non-payment of lease rentals.
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Flight Operations Hit As Debt-Laden Jet Airways Grounds Part Of Fleet
Crisis-hit private carrier Jet Airways has been forced to ground part of its 123-aircraft fleet following non-payment of dues to lenders, which has led to cancellation of some domestic flights, sources said.
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"Purely Speculative": Jet Airways On Reports Of Stake Sale
Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results.
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Jet Airways In Talks With Airlines, Private Equity Players To Raise Funds, Says Report
The airline is exploring various options for raising fresh funds, sources told Press Trust of India
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How Much Dues Paid To Jet Airways Employees? Supreme Court To New Owners
The Supreme Court on Wednesday asked the Jalan-Kalrock consortium, the new owners of cash-strapped Jet Airways, how much have they paid towards dues on account of provident funds and gratuity to former employees of the troubled airline.
-
Jet Airways Founder Siphoned Off Money Abroad Via Trusts, Says Court
Jet Airways founder Naresh Goyal, arrested in an alleged Rs 538 crore bank fraud case, siphoned off funds from India to overseas by creating various trusts and used them to buy properties, a special court in Mumbai noted.
-
Supreme Court Upholds Order Directing Jet Airways To Clear Dues Of Ex Employees
In a setback to the Jalan-Fritsch consortium, the new owners of the cash-strapped Jet Airways, the Supreme Court on Monday upheld an NCLAT order directing the payment of the provident fund and gratuity dues of the airline's former employees.
-
Why Plan To Revive Jet Airways Is In A Mess
Lenders to bankrupt Jet Airways India Ltd. are resisting a court-approved resolution plan, further delaying the former No. 1 private airline's return to the skies, according to people familiar with the matter.
-
Tribunal Directs Jet Airways To Clear Unpaid Dues Of Employees
Insolvency appellate tribunal NCLAT on Friday directed Jet Airways' new owner - Jalan-Kalrock consortium - to pay the unpaid provident fund and gratuity dues of employees of the carrier, which is going to restart its operation.
-
Jet Airways Founder Naresh Goyal Questioned In Alleged Foreign Funding Violation Case
Naresh Goyal, founder of the now-grounded Jet Airways, was today questioned by the Enforcement Directorate in connection with alleged foreign direct investment violations when Etihad Airways acquired stakes in Jet Privilege PrivateLimited in 2014
-
Jet Airways Funds Siphoned Off, Foreign Investment Rules Violated Before Collapse? Probes Launched
Days after former Jet Airways chairman Naresh Goyal and wife Anita Goyal were dramatically taken off an aircraft to stop them from leaving the country, NDTV has learnt that two separate investigations have been launched against former promoters of the crisis-hit airline - including the couple - to find out if there was any financial irregularity in...
-
Crew Of Jet Airways' Last Flight Pose For A Final Photo
The crew of the last Jet Airways flight poses for a commemorative photograph after the flight completed its journey from Amritsar to Mumbai. The airline faces debts over 8,000 crores and has failed to secure funding to pay lenders
-
Read Jet Airways Statement On Temporary Suspension Of Flight Operations
Late last night, Jet Airways was informed by the State Bank of India (SBI), on behalf of the consortium of Indian Lenders, that they are unable to consider its request for critical interim funding: Jet Airways
-
Jet Airways Suspends Operations, Hopes To Be Back Soon: 10 Points
Jet Airways, once India's top airline now hit by a debt-crisis, said on Wednesday that it was suspending operations temporarily, having failed to secure emergency funds from its lenders. The airline, saddled with more than Rs 8,000 crore of bank debt, has been teetering for weeks after failing to receive a stop-gap loan of about Rs 1,500 crore from...
-
Jet Pilots Appeal To PM To Save 20,000 Jobs As 23 More Quit Over Crisis
Banks remain reluctant to infuse an emergency funding of Rs 1500 crore into Jet Airways, which the teetering airline has sought to stay afloat as it faces a severe cash shortage.
-
Jet Airways Grounds 4 Planes After Non-Payment Of Lease Rentals
Crisis-hit Jet Airways on Thursday said four of its aircraft have been grounded due to non-payment of lease rentals.
-
Flight Operations Hit As Debt-Laden Jet Airways Grounds Part Of Fleet
Crisis-hit private carrier Jet Airways has been forced to ground part of its 123-aircraft fleet following non-payment of dues to lenders, which has led to cancellation of some domestic flights, sources said.
-
"Purely Speculative": Jet Airways On Reports Of Stake Sale
Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results.
-
Jet Airways In Talks With Airlines, Private Equity Players To Raise Funds, Says Report
The airline is exploring various options for raising fresh funds, sources told Press Trust of India
