Jet Airways Stake
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1.48 Lakh Jet Airways Retail Shareholders' Fate Uncertain After Liquidation Order
The fate of around 1.48 lakh retail shareholders who hold around 20 per cent stake in the beleaguered Jet Airways remains uncertain after the Supreme Court ordered the liquidation of Naresh Goyal-led grounded airline.
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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 Gags Employees, Says "Every Newspaper Will Try And Carry Story Daily"
A day after debt-laden Jet Airways stopped its operations indefinitely, the airline asked its employees to not speak to the media about the crisis. The deep turbulence has put 20,000 jobs at stake and has left many of them seeking jobs at other airlines with pay cuts.
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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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Naresh Goyal Puts In Bid For Stake In Jet Airways: Airline Sources
Jet Airways founder Naresh Goyal has put in bid for buying stake in the ailing airline, sources said.
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What's Next For Jet Airways After Founder Naresh Goyal's Exit: Ten Points
Jet Airways founder-chairman Naresh Goyal and his wife, Anita, resigned from the airline's board of directors today while state-run lenders announced a Rs 1,500 crore bailout plan. The two took the step at a time when a majority of its fleet has been grounded amid non-payment of dues to banks, suppliers, pilots and lessors. The total debt of the tr...
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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-Etihad deal cleared by investment board but with conditions
After a 90-minute meeting, the Foreign Investment Promotion Board or FIPB today gave approval, with some riders, to the Rs. 2,058 crore Jet-Etihad deal, which proposes a sale of 24 per cent stake in India's Jet Airways to Abu Dhabi's Etihad Airways. It will now need the Cabinet's nod.
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Why 36,000 seats threaten the Jet Airways-Etihad deal
Civil Aviation Minister Ajit Singh today said it is important for India to allow Abu Dhabi-based Etihad Airways to buy stake in Jet Airways.
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Prime Minister's office allegedly raises serious reservations on Jet-Etihad deal
The proposal for Gulf carrier Etihad Airways to buy 24 per cent stake in Jet Airways for Rs 2,058 crore seems to have hit another stumbling block as the Prime Minister's Office (PMO) has raised some serious reservations.
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1.48 Lakh Jet Airways Retail Shareholders' Fate Uncertain After Liquidation Order
The fate of around 1.48 lakh retail shareholders who hold around 20 per cent stake in the beleaguered Jet Airways remains uncertain after the Supreme Court ordered the liquidation of Naresh Goyal-led grounded airline.
-
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 Gags Employees, Says "Every Newspaper Will Try And Carry Story Daily"
A day after debt-laden Jet Airways stopped its operations indefinitely, the airline asked its employees to not speak to the media about the crisis. The deep turbulence has put 20,000 jobs at stake and has left many of them seeking jobs at other airlines with pay cuts.
-
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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Naresh Goyal Puts In Bid For Stake In Jet Airways: Airline Sources
Jet Airways founder Naresh Goyal has put in bid for buying stake in the ailing airline, sources said.
-
What's Next For Jet Airways After Founder Naresh Goyal's Exit: Ten Points
Jet Airways founder-chairman Naresh Goyal and his wife, Anita, resigned from the airline's board of directors today while state-run lenders announced a Rs 1,500 crore bailout plan. The two took the step at a time when a majority of its fleet has been grounded amid non-payment of dues to banks, suppliers, pilots and lessors. The total debt of the tr...
-
"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-Etihad deal cleared by investment board but with conditions
After a 90-minute meeting, the Foreign Investment Promotion Board or FIPB today gave approval, with some riders, to the Rs. 2,058 crore Jet-Etihad deal, which proposes a sale of 24 per cent stake in India's Jet Airways to Abu Dhabi's Etihad Airways. It will now need the Cabinet's nod.
-
Why 36,000 seats threaten the Jet Airways-Etihad deal
Civil Aviation Minister Ajit Singh today said it is important for India to allow Abu Dhabi-based Etihad Airways to buy stake in Jet Airways.
-
Prime Minister's office allegedly raises serious reservations on Jet-Etihad deal
The proposal for Gulf carrier Etihad Airways to buy 24 per cent stake in Jet Airways for Rs 2,058 crore seems to have hit another stumbling block as the Prime Minister's Office (PMO) has raised some serious reservations.
