Jury is still out on whether bankrupt companies be allowed to trade on bourses
Retail shareholders are often at the losing end of bankruptcy resolutions at companies. Among other recent examples, hundreds of thousands of retail shareholders in Videocon Industries and Value Industries, and Dewan Housing Finance will get nothing from the resolution plans approved for these companies. In Ruchi Soya Industries, their holding will fall to 1.13% from 84.47%.
Jet Airways shares hit upper circuit. Heres why
Jet Airways stopped operations in April last year due to a cash crunch and piling debt.
Jet Airways closure, Kannur airport dent Mangaluru air traffic
The table-top airport in coastal Karnataka has taken a hit both in terms of aircraft movement and passenger traffic, according to the latest figures from Airports Authority of India (AAI). The two airports, on the Arabian coast, are about 175 km apart.
Bulge bracket PEs join prospective bidders for slice of ‘distressed’ pie
$210-bn opportunity has led to joint ventures or stressed asset funds being set up.
JPMiles part of Etihad, not affected by Jet Airways grounding
Months after the demise of Jet Airways, big ads published recently by JPMiles — the frequent flyer programme of the grounded airline — have taken social media users by surprise.
Jet Airways lenders and Etihad keen to issue boarding pass to Hindujas
Initially wary, group warms up after being approached by Etihad representatives.
Jet’s 26th anniversary on May 5 saddest with no flights: Naresh Goyal
The airline’s taking to the skies again is now considered very difficult given its huge debt-cum-liabilities - payables to the tune of over Rs 25,000 crore.
Delhi HC issues notice to Jet Airways on plea for refund, alternative flights to passengers
The application was filed by consumer rights activist Bejon K. Misra.
Naresh Goyal steps down: Everything you need to know about Jet Airways crisis
Naresh Goyal, the founder chairman of Indias oldest private se...
Jet Airways needed one rupee to avert this tailspin
It’s been clear for some time that Jet, falling behind even on wages, was going to skip a debt payment soon.
ICRA downgrades Jet Airways long-term bonds, NCDs
ICRA downgraded all of Jet’s long term loans and non-convertible debentures to a BB+ (negative) rating from a BBB- (negative) or investment grade rating.
Bird hits Jet Airways flight, 150 passengers stranded
The 9W 2423 flight from New Delhi-Khajuraho-Varanasi-New Delhi was unfit to fly, a Jet Airways official said.
Jet Airways to increase its daily flights to 650
The carrier will launch new, direct services to Madurai and Bagdogra, from Mumbai, said Jet Airways in a statement.
Jet-Etihad deal shows again why Naresh Goyal is the king of the policy jungle
The benefits of the Etihad deal notwithstanding, veteran industry watchers will find Naresh Goyals enthusiasm for foreign investment fascinating.
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