Jet’s lenders, under the proposed bailout terms, would hold just over 50 per cent of the airline.
08 Apr 2019 1:08 PM
The scrip was down at Rs 259.15 after opening at Rs 264 on the BSE.
05 Apr 2019 11:18 AM
The airline has over one billion dollars in debt and has to repay money to banks, lessors of planes.
05 Apr 2019 9:34 AM
Jet Airways grounded 15 more planes due to non-payment of dues to its lessors.
03 Apr 2019 10:43 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.
21 Mar 2019 11:02 AM
Failure to cough up the dues would have meant that RCom Chairman Anil Ambani would have faced a 3-month jail term.
18 Mar 2019 6:05 PM
The repeated failure to comply and Ambani's personal guarantee landed him in trouble last month,
18 Mar 2019 3:44 PM
Jet Airways is saddled with more than a billion dollars in debt and its shares jumped 4.8 per cent.
12 Mar 2019 9:22 AM
The NCLAT has asked all the lenders to file a two-page note over that and directed to list the matter on Tuesday.
12 Mar 2019 8:53 AM
Jet Airways has been grappling with financial woes and is looking to rejig debt as well as raise funds.
02 Mar 2019 12:19 PM
Shareholders of Jet Airways had approved conversion of loan into shares and other proposals during the extraordinary general meeting.
25 Feb 2019 3:30 PM
Reports earlier said SBI was mulling moving the NCLT to recover its loans from Jet Airways.
25 Feb 2019 2:07 PM
Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.
21 Feb 2019 3:18 PM
The airline has also seen its share price suffer as it navigated through several negotiations with its lenders and shareholders.
21 Feb 2019 10:25 AM
IL&FS is sitting on a debt pile of about Rs 91,000 crore.
20 Feb 2019 1:11 PM
• According to the bank, the action will help in achieving the recovery of Rs 26,000 crore during current FY 2018-19.
14 Feb 2019 2:34 PM
Reliance Communications surprised all by moving for filing for insolvency on February 1.
11 Feb 2019 4:37 PM
The airline is working on its turnaround strategy and updating its partners, in real time, on efforts taken to improve its liquidity.
12 Jan 2019 12:05 PM
Essar Global has now repaid about Rs 6,300 crore to ICICI Bank, Axis Bank, and Standard Chartered Bank.
07 Jan 2019 2:42 PM
The bench then directed R Com to deposit a demand draft of Rs 118 crore in the registry.
07 Jan 2019 12:04 PM