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Jet Airways lenders to take 9.5% stake, massive haircut

Infrastructure

01 July, 2021

Jet Airways lenders to take 9.5% stake, massive haircut

The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire embattled Jet ......

Bankrupt realty firm Jaypee Infratech's lenders to vote on winner next week

Infrastructure

11 June, 2021

Bankrupt realty firm Jaypee Infratech's lenders to vote on winner next week

Lenders of bankrupt real estate developer Jaypee Infratech on Thursday decided to vote on the winning resolution plan next week. The ......

Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer

Infrastructure

08 June, 2021

Jaypee Infratech lenders to consider bids on Thursday; Suraksha revises offer

Bankrupt realty developer Jaypee Infratech's committee of creditors (CoC) will consider bids of both state-owned NBCC (India) Ltd and realty ......

Lenders defer vote on Jaypee Infratech winner as suitors allowed two more days to revise bids

Infrastructure

24 May, 2021

Lenders defer vote on Jaypee Infratech winner as suitors allowed two more days to revise bids

Lenders of bankrupt Jaypee Infratech today decided to defer vote on the winning resolution plan, giving two more days to ......

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Two Lanco Infratech arms set to get new owners under IBC

Infrastructure

08 October, 2020

Two Lanco Infratech arms set to get new owners under IBC

Resolution plans for two subsidiary companies of Lanco Infratech are set to get approval from the bankruptcy tribunal. Lanco Thermal Power ......

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 ......