In the ongoing Jet Airways resolution case, the civil aviation ministry, regulator DGCA and winning bidder Jalan-Kalrock consortium on M...Read More
By FPJ Web Desk
Beleaguered Jet Airways will be out of trouble in six months’ time, ensured Murari Lal Jalan, a Dubai-based entrepreneur leading the effo...Read More
The Ministry of Civil Aviation (MoCA) and DGCA mentioned their stance to the National Company Law Tribunal (NCLT), which had on February ...Read More
The Competition Commission of India (CCI) on Monday dismissed a complaint pertaining to alleged cartelization among various domestic airl...Read More
By Teji Mandi
Exit of ‘bully’ China : With aggressive China taking a back seat, the Indian government has now started to clear their pending FDI propos...Read More
Jet Airways, the once-storied full-service carrier was grounded in early 2019 and subsequently is undergoing proceedings under the Insolv...Read More
By Pratik Salunke
The police had on 9 March filed a closure report concluding that the airline did not intend to cheat but incurred losses and hence could ...Read More
The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock Capital - which has won the bid to revive Jet Airways - on ...Read More
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' Committee of Creditors has concluded e-voting on the final resolution plans submitted by the two shortlisted bidders.
By Staff Reporter
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
By Bhavna Uchil
Akbar Travels had filed a protest petition against this closure report before the magistrate court.
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
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, which suspended services more than a year ago due to cash crunch, has offered two of its Boeing planes for operations under ...Read More
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
By Free Press Journal
ED raid at Naresh Goyal's residence in Mumbai
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
Against this backdrop, the CoC extended the last date of submission of resolution plans to March 9.
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.