‘Jet Airways

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

Parle could cut down 10,000 jobs owing to diminishing sales

Parle could cut down 10,000 jobs owing to diminishing sales

Company hopes that some financial aid would be initiated by the Indian government

Not feasible to reinvest in Jet Airways: Etihad

Not feasible to reinvest in Jet Airways: Etihad

Gulf carrier Etihad, which holds 24 per cent stake in Jet Airways, on Monday said it has decided not to reinvest in the airline due to un...Read More

Jet Airways employees seek interim financial relief

Jet Airways employees seek interim financial relief

An employees' consortium has demanded that the Committee of Creditors (CoC) should look at providing one month's salary as an interim fin...Read More

SBI moves intervention plea against HDFC claim on Jet’s BKC building

SBI moves intervention plea against HDFC claim on Jet’s BKC building

State Bank of India, the lead lender to the bankrupt Jet Airways, Wednesday moved an intervention application against mortgage lender HDF...Read More

SBI moves intervention plea against HDFC claim on Jet Airways BKC building

SBI moves intervention plea against HDFC claim on Jet Airways BKC building

On July 4, the mortgage lender HDFC had moved the NCLT seeking to keep the airline's BKC property out of the bankruptcy process.

Jet Airway accepts 34% of Rs 249 billion claims received till July 4

Jet Airway accepts 34% of Rs 249 billion claims received till July 4

Of the total, claims worth nearly Rs 85 bn or 34%, entirely belonging to the financial creditors such as banks and financial institutes.

Lenders plan to call bids for Jet Airway's asset sale by Saturday

Lenders plan to call bids for Jet Airway's asset sale by Saturday

The airline's meager assets include 14 aircraft including 10 Boeing planes--down from 124 before the grounding--and 49 percent stake in J...Read More

Dutch bankruptcy administrator moves NCLAT on Jet Airways matter

Dutch bankruptcy administrator moves NCLAT on Jet Airways matter

Dutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways

Delhi High Court seeks Centre's response on Jet Airways founder Naresh Goyal's plea against LOC

Delhi High Court seeks Centre's response on Jet Airways founder Naresh Goyal's plea against LOC

Justice Suresh Kait said no interim relief can be granted at this stage and added that he may deposit Rs 18,000 crore guarantee if he wan...Read More

Naresh Goyal moves court seeking lifting of travel ban; government to oppose plea

Naresh Goyal moves court seeking lifting of travel ban; government to oppose plea

There is a Look Out Circular (LOC) issued against Goyal after an inspection by the Corporate Affairs Ministry found large-scale irregular...Read More

HDFC wants NCLT to keep Jet Air Head quaters out of resolution plan

HDFC wants NCLT to keep Jet Air Head quaters out of resolution plan

The property in question is located at Bandra Kurla Complex in Mumbai and is spread across 52,700 sq ft

Jet Airways Saga: Buyers await regulator's scrutiny of airline's flying license

Jet Airways Saga: Buyers await regulator's scrutiny of airline's flying license

Industry insiders privy to the development say that buyers are waiting for the final word from the regulator

Co employees, UK’s AdiGroup to bid for 75% of Jet Airways

Co employees, UK’s AdiGroup to bid for 75% of Jet Airways

The airline owes Rs 8,500 crore to banks and around Rs 25,000 crore in arrears to vendors, lessors and employees.

Jet Airways creditors to submit claims by July 4: RP

Jet Airways creditors to submit claims by July 4: RP

The airline owes over Rs 8,500 crore to a consortium of 26 banks led by State Bank, and over Rs 13,000 crore to the tens of hundreds of v...Read More

Jet Air admitted for bankruptcy, NCLT sets 90 days for resolution

Jet Air admitted for bankruptcy, NCLT sets 90 days for resolution

The National Company Law Tribunal (NCLT) Thursday admitted the insolvency petition filed by the lenders' consortium led by State Bank of ...Read More

Jet Airways hits all-time low, stock down over 40%

Jet Airways hits all-time low, stock down over 40%

Shares of Jet Airways extended losses for the ninth consecutive session on Tuesday and fell over 40% on the BSE.

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