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August 13, 2019 3:25 am
The deadline for EoI was August 10. Etihad Airways, which owns 24 % stake in Jet Airways, had already said it’s not interested in the airline.
August 12, 2019 4:34 am
Volcan, which owns 100 per cent stake in Vedanta Resources, is one of the three interested parties which have expressed interest in the airline.
August 09, 2019 5:31 am
Seeking order for withdrawal of his petition, Goyal said in his plea that he is “participating and fully cooperating in the investigation and has appeared before the authorities on three occasions”.
August 04, 2019 7:30 am
Earlier, the deadline for submission of EoIs was set for August 3. Sources said that while the RP received EoIs from at least two parties on Saturday, the deadline may have been extended to give additional time to Etihad Airways.
July 22, 2019 6:38 pm
The company's profit after tax rose to R 129.82 crore last year from Rs 121.64 crore in 2017, as per a document issued for prospective bidders of Jet Airways under the insolvency process.
July 21, 2019 8:44 am
The estimated date for the submission of resolution plan by the RP to the National Company Law Tribunal for approval is September 20.
July 19, 2019 2:28 am
Operational creditors make 2,493 claims worth Rs 12,372 crore, while claims of 33 banks worth Rs 8,462 crore admitted.
July 12, 2019 10:33 pm
Jet Airways is facing insolvency proceedings in the Netherlands, as well as where it was declared bankrupt after it failed to pay two European creditors. Subsequently, a bankruptcy administrator was appointed by the Dutch court.
July 12, 2019 4:52 am
Stating that the government to ensure the benefit of Indians, the national carrier will remain in Indian hands, Puri added, “The Government is committed to the strategic disinvestment of Air India."
July 11, 2019 6:10 pm
The airports in Chennai have 34 unused slots, Indore 18, Guwahati 12 and Ahmedabad have 8 slots, the minister said in a written reply to a question in the Lok Sabha.