The proposed handover is a key victory for PM Modi, who has embarked on a bold privatization plan to plug a widening budget deficit
01 Oct 2021 12:16 PM
The date could be extended, depending on directions by the UAE authorities
26 Jul 2021 4:13 PM
The Indian operators said they will re-route the flights suitably, the DGCA said.
22 Jun 2019 7:33 PM
SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.
21 Jun 2019 8:03 PM
The scrip tumbled 14.41 per cent to Rs 107.15 -- its 52- week low -- on the BSE Sensex.
11 Jun 2019 2:30 PM
The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline.
21 May 2019 1:33 PM
Etihad wanted a commitment from banks on additional loans once it infuses equity into the company.
13 May 2019 11:02 AM
SBI had invited binding bids for a stake in the airline, which is saddled with roughly dollar 1.2 billion in bank debt.
11 May 2019 12:42 PM
Jet Airways, facing its worst existential crisis in it’s over 25-year-old history, extended suspension of its international operations.
12 Apr 2019 6:18 PM
Banks have moved in to take a majority stake in the airline after Jet failed to convince potential investors.
26 Mar 2019 11:38 AM
Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
18 Mar 2019 11:23 AM
Goyal said the airline has also secured the go-ahead from the aviation ministry to pledge its shares for securing the interim funding.
11 Mar 2019 6:25 PM
Shares of Jet rose as much as 7 per cent in early trade on Friday.
01 Mar 2019 1:27 PM
Jet Airways has been grappling with financial woes and is looking to rejig debt as well as raise funds.
25 Feb 2019 7:44 PM
Jet’s board last week approved a plan by lenders, led by State Bank of India, for an equity infusion, debt restructuring and the sale.
23 Feb 2019 4:02 PM
Abu Dhabi-based Etihad, is a strategic partner and is expected to pump in around Rs 1,400 crore.
17 Feb 2019 5:07 PM
Jet Airways would seek a shareholder nod next month to convert existing debt into equity,
29 Jan 2019 4:16 PM
Jet Airways is looking to raise fresh funds, including from strategic partner Etihad.
24 Jan 2019 1:47 PM
Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.
24 Jan 2019 10:41 AM
Etihad is required to make an open offer to shareholders for a majority of the shares once its stake goes past 25 per cent.
16 Jan 2019 1:23 PM