‘Jet Airways

Kalrock-Jalan's plan for Jet submitted to NCLT

Kalrock-Jalan's plan for Jet submitted to NCLT

Once the the Mumbai-bench of the tribunal gives the go-ahead, the winning consortium of Jalan and Florian Fritsch can pump in funds requi...Read More

Jet Airways to return? Jalan-Kalrock resolution wins bid to acquire airline

Jet Airways to return? Jalan-Kalrock resolution wins bid to acquire airline

Jet Airways' Committee of Creditors has concluded e-voting on the final resolution plans submitted by the two shortlisted bidders.

Enforcement Directorate has no locus standi in the cheating case by Akbar Travels against Jet Airways: Court

Enforcement Directorate has no locus standi in the cheating case by Akbar Travels against Jet Airways: Court

The court also said that, as observed in another case, only the first informant (Akbar Travels) has the right to be heard in a closure re...Read More

Jet Airways cheating case: ED plea to intervene in closure report filed by police in case against Jet Airways rejected again

Jet Airways cheating case: ED plea to intervene in closure report filed by police in case against Jet Airways rejected again

Akbar Travels had filed a protest petition against this closure report before the magistrate court.

Teji Mandi: Three things investors should know on October 8, 2020

Teji Mandi: Three things investors should know on October 8, 2020

Three things to know for #TejiMandi investors on 08, October 2020 London-based Kalrock Capital says it has won the bid for Jet Airways Ka...Read More

Amid Coronavirus pandemic, 11 investors show interest in Jet Airways

Amid Coronavirus pandemic, 11 investors show interest in Jet Airways

Around 11 investors have expressed interest in beleaguered Jet Airways (India). This is despite the pandemic and its subsequent curbs tha...Read More

Jet Airways offers two Boeing aircraft for evacuating Indians stranded abroad

Jet Airways offers two Boeing aircraft for evacuating Indians stranded abroad

Jet Airways, which suspended services more than a year ago due to cash crunch, has offered two of its Boeing planes for operations under ...Read More

Yes Bank crisis: 44 firms, including Anil Ambani Group, Jet Airways accounted for bad loans worth Rs 34,000 crore

Yes Bank crisis: 44 firms, including Anil Ambani Group, Jet Airways accounted for bad loans worth Rs 34,000 crore

At least 44 companies, belonging to 10 large business groups accounted for bad loans of Rs 34,000 crore of YES Bank, an Indian Express re...Read More

Mumbai: Naresh Goyal, founder of the now-grounded Jet Airways outside ED office

Mumbai: Naresh Goyal, founder of the now-grounded Jet Airways outside ED office

ED raid at Naresh Goyal's residence in Mumbai

ED books former Jet Airways chairman Naresh Goyal for money laundering; conducts raids

ED books former Jet Airways chairman Naresh Goyal for money laundering; conducts raids

They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) ...Read More

Lenders of Jet Airways to seek fresh EoI

Lenders of Jet Airways to seek fresh EoI

Against this backdrop, the CoC extended the last date of submission of resolution plans to March 9.

Jet Airways deliveries: Airbus ousts Boeing from top spot

Jet Airways deliveries: Airbus ousts Boeing from top spot

A reversal in the pecking order between the two giants had been expected as a crisis over Boeing’s grounded 737 MAX drags into 2020.

Jet Airways' creditors decide to seek fresh bids

Jet Airways' creditors decide to seek fresh bids

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), says the filing. Earlier this month, the National Company...Read More

Jet Airways resolution period extended by 90 days

Jet Airways resolution period extended by 90 days

The Committee of Creditors (CoC) sought extension of corporate insolvency resolution process (CIRP) of Jet Airways from the Mumbai bench ...Read More

Expedite decision on fresh EOIs: NCLT to Jet Airways lenders

Expedite decision on fresh EOIs: NCLT to Jet Airways lenders

"We direct the committee of creditors to take a decision to float expression of interest (EoIs). We direct them to expedite the process

Aviation not in Hinduja's investment plans: Chief Dheeraj G Hinduja

Aviation not in Hinduja's investment plans: Chief Dheeraj G Hinduja

Earlier, the Hinduja group had considered investing in Jet Airways but later decided against it.

Mumbai: Naresh Goyal grilled again

Mumbai: Naresh Goyal grilled again

Earlier on September 6, Goyal was subjected to a marathon grilling at the agency's Ballard Pier office.

ED questions Jet’s Naresh Goyal in FEMA case

ED questions Jet’s Naresh Goyal in FEMA case

The former shareholder, Hasmukh Gardi, who initially owned substantial amount of shares in the airlines, now lives in Dubai while his pre...Read More

‘Jet Airways lenders to recover only USD 300-USD 400 million in case of liquidation’

‘Jet Airways lenders to recover only USD 300-USD 400 million in case of liquidation’

The airline owes nearly Rs 300 billion ($4.20 billion) to its financial and operational creditors.

Fresh turbulence for Naresh Goyal: Forex violation to laundering

Fresh turbulence for Naresh Goyal: Forex violation to laundering

In this connection, the investigating agency on Friday carried out searches across 12 locations in Mumbai and Delhi, belonging to Goyal a...Read More

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