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Naresh Goyal exits Jet Airways board as lenders take control

Infrastructure

25 March, 2019

Naresh Goyal exits Jet Airways board as lenders take control

Naresh Goyal has quit as the chairman of Jet Airways (India) Ltd, stepping down from the board of the airline ......

Government asks banks to save Jet Airways, avoid bankruptcy

Infrastructure

19 March, 2019

Government asks banks to save Jet Airways, avoid bankruptcy

India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister ......

Naresh Goyal willing to step down as Jet Airways chairman: Report

Infrastructure

28 February, 2019

Naresh Goyal willing to step down as Jet Airways chairman: Report

Jet Airways' founder Naresh Goyal has agreed to step down as chairman of the airline's board, a source with direct ......

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

General

30 January, 2019

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......

Qatar Airways is shunning Jet but would be 'delighted' to buy stake in IndiGo

Infrastructure

15 January, 2019

Qatar Airways is shunning Jet but would be 'delighted' to buy stake in IndiGo

Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debt-laden Indian carrier is held ......

Etihad plans to raise stake in cash-strapped Jet Airways

Infrastructure

15 January, 2019

Etihad plans to raise stake in cash-strapped Jet Airways

Etihad Airways plans to hike its stake in debt-laden Jet Airways, a person close to the Abu Dhabi carrier told ......

Jet Airways defaults on debt payment to banks

Infrastructure

02 January, 2019

Jet Airways defaults on debt payment to banks

Debt-laden Jet Airways Ltd has delayed the payment to a consortium of Indian banks, led by State Bank of India ......

Blackstone eyes stake in Jet's loyalty unit; CPPIB may invest $500 mn in Mytrah

General

16 August, 2018

Blackstone eyes stake in Jet's loyalty unit; CPPIB may invest $500 mn in Mytrah

Private equity major Blackstone Group LP is in talks to pick up a stake in the loyalty arm of cash-starved ......

Top buyout firms in race for debt-laden Jet Airways; foreign investor eyes Future Retail

General

13 August, 2018

Top buyout firms in race for debt-laden Jet Airways; foreign investor eyes Future Retail

Private-sector carrier Jet Airways is in stake sale talks with private equity firms to raise $350-400 million, a report in ......

Sachin Bansal may anchor $1 bn VC fund; Swiggy in talks to raise up to $500 mn

General

03 August, 2018

Sachin Bansal may anchor $1 bn VC fund; Swiggy in talks to raise up to $500 mn

Flipkart co-founder Sachin Bansal is looking to raise a fund of $700 million to $1 billion for investing in startups, ......