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Jet Airways

Jet Airways suspends operations as lenders reject funding request

Finance

17 April, 2019

Jet Airways suspends operations as lenders reject funding request

Jet Airways (India) Ltd said on Wednesday it will suspend operations after lenders rejected its request to grant emergency funding ......

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

General

12 April, 2019

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

The Insolvency and Bankruptcy Code, instituted in 2016 to tackle the bad loans weighing down on India’s banking system, has ......

Etihad agrees to hike stake in Jet; Sachin Bansal may invest in microfinance firm

General

12 April, 2019

Etihad agrees to hike stake in Jet; Sachin Bansal may invest in microfinance firm

Abu Dhabi-based Etihad Airways submitted an expression of interest to increase its stake in beleaguered airline Jet Airways, three people ......

SBI extends deadline for Jet bids, tweaks stake-sale proposal

Infrastructure

10 April, 2019

SBI extends deadline for Jet bids, tweaks stake-sale proposal

The State Bank of India (SBI) has extended by two more days the bidding process for the stake sale in ......

Why Jet Airways' worries are far from over despite rescue deal

Infrastructure

29 March, 2019

Why Jet Airways' worries are far from over despite rescue deal

Jet Airways' investors are cheering this week's government-led rescue deal, but the cash-strapped Indian airline's future looks mired in uncertainty ......

TPG, Delta sounded out for Jet stake; Fuji Electric may buy Consul Neowatt

General

29 March, 2019

TPG, Delta sounded out for Jet stake; Fuji Electric may buy Consul Neowatt

State Bank of India, the biggest lender to Jet Airways (India) Ltd, has begun talks with private equity firm TPG ......

Etihad asks SBI to acquire Jet stake; PE firms look to buy Dewan Housing's bonds

General

20 March, 2019

Etihad asks SBI to acquire Jet stake; PE firms look to buy Dewan Housing's bonds

Abu Dhabi-based Etihad has asked State Bank of India to purchase its 24% stake in cash-strapped Jet Airways, compounding the ......

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 ......

Crisis-hit Jet Airways' lenders may finalise resolution plan next week

Finance

15 March, 2019

Crisis-hit Jet Airways' lenders may finalise resolution plan next week

A resolution plan for crisis-hit carrier Jet Airways may be finalised in a week’s time, a senior State Bank of ......

Premium
Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Infrastructure

04 March, 2019

Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Strange, yet interesting. That pretty much sums up India’s aviation sector at the moment. Even as dozens of new airports are ......