Jet fuel prices on Friday were hiked by 2 per cent - the seventh straight...
Sources said the process has taken time because of a delay in leasing of...
Jet fuel prices on Wednesday were hiked by over 18 per cent -- the steepest...
India added three unicorns per month in 2021 to nearly double the overall...
Grounded carrier Jet Airways on Friday announced the appointment of Sanjiv...
The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the...
The consortium of UAE-based businessman Murari Lal Jalan and UK-based private...
A bench headed by Chief Justice N V Ramana took note of the submissions of...
The National Company Law Appellate Tribunal (NCLAT) on Thursday directed the...
Jet Airways is seeing a churn in its senior management ahead of its planned...
Every brand and company in India too will soon need a metaverse strategy,...
'I advise people to stay away from secondary IPOs. There is a big conflict of...
The Madras high court has ordered the winding up of private carrier SpiceJet...
Jet Airways, which is preparing to relaunch operations next year, on Friday...
The Enforcement Directorate (ED) has arrested the vice chairman and managing...
SpiceJet has decreased its domestic services by 31 per cent to 2,995 weekly...
Aviation regulator DGCA has temporarily suspended SpiceJet's licence for the...
Commerce and Industry Minister Piyush Goyal on Monday said the existing...
SpiceJet on Tuesday said shareholders have approved the transfer of its cargo...
Jet Airways will restart domestic operations by the first quarter of 2022 and...
'People know if inflation is not within the tolerance band, then action will...
Public sector lender Punjab National Bank (PNB) has moved the Insolvency...
Challenging the "illegal" reduction in its claim by the erstwhile resolution...
Foreign direct investments into the country is on the rise, jumping to $12.1...
Union Minister of Commerce and Textiles Piyush Goyal has stirred up a...
In business too, losing finalists really get nowhere, get nothing. It is...
Jet Airways' cabin crew and ground staff have challenged the Jalan Kalrock...
SpiceJet, India's second-largest private airline, kicked off the process of...
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace...
'The actual amount due to Jet Airways employees is Rs 1,200 crore, and the...
Sachin Tendulkar has recently made an equity investment of $2 million in...
In March 2020, soon after the cessation of airline operations globally and...
As and when Jet Airways applies for slots, these would be allocated among all...
At least 95 per cent of Jet Airways employees will have to give their consent...
Amid domestic traders continuously complaining alleged violations of FDI...
Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways,...
The Kalrock-Jalan consortium - new owners of Jet Airways - has got an...
'The need for added safety has bolstered demand for charter flights in the...
The National Company Law Tribunal on Tuesday approved the Jalan-Kalrock...
Analysts remain sceptical on the profitability from freighter business,...
When Jet Airways shut operations, the slots which were allocated to it were...
With scrutiny that comes with a public listing, Deepinder Goyal's leadership...
Are "dubious" new categories and "shady" new brands, financed and funded by...
The fairy tale turnaround story has, however, taken a few knocks after a...
In the first reduction in rate in two months, jet fuel or ATF price on...
Railways Minister Piyush Goyal on Tuesday asserted that Indian Railways will...
'The government has assured us support.''The civil aviation ministry have...
The ministry and the civil aviation regulator have said the government will...
The bone of contention between the two sides relates to changes in the...
Zohnerism drives our daily consumption of news and shaping our understanding...
Jet fuel prices on Monday were hiked by a steep 6.5 per cent on the back of a...
A committee of creditors had, in October, approved of the resolution plan...
For Jet's revival, Mr Jalan should be on the scene long enough for everyone...
The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock...
Aviation turbine fuel accounts for 35-40 per cent of the total operating cost...
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued...
Among executives who have been approached are former president and CEO of...
After 18 months of closure, what really could be salvaged? And the answer...
According to the resolution plan, the airline is planning to start with six...
SpiceJet will operate two daily flights using wet leased Twin Otter aircraft...
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it...
The pilot-turned-airline owner and his partner Biraja Jena plan to launch...
Maran had sought attachment of SpiceJet promoter Ajay Singh's shares by an...
Jet's staff strength stands whittled down to around 4,000, with many former...
His vision for Jet Airways is to operate the carrier as a full-service...
The winning bid attracted over 99 per cent votes, with lenders overwhelmingly...
Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A...
After contracting for six months in a row, the country's exports grew by 5.27...
'The attention economy is making it economically valuable for us to spread...
These slots, under the air bubble pact, will later be extended to operate...
SpiceJet announced it has started a five-day "1+1 offer sale" where it was...
On a full year basis, the airline made a loss of Rs 934.8 crore. The company...
Budget carrier SpiceJet on Thursday said it has been designated as the...
A consortium - comprising Imperial Capital, Flight Simulation Technique...
Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion...
Brookfield Asset Management will pay around Rs 29,000 per square foot for the...
India's exports are showing signs of improvement as the contraction in...
This is the second straight increase in ATF price this month. Rates were...
Commerce and Industry Minister Piyush Goyal that the players in the sector...
Infosys on Friday said a class action lawsuit filed against the company and...
The airline had told its pilots on Wednesday that they will not be paid...
Though NCLT has extended window to find a buyer, bankers don't see much hope...
This is an exceptional case of extension beyond the 330-day limit under the...
These businessmen represent the top five firms that have taken loans from the...
The cash-strapped airline, which was grounded in April 2019, owes more than...
Jet Airways founder Naresh Goyal and few others have been booked by the...
A Russian fund submitted its interest to the resolution professional on...
Boeing 737 MAX planes were globally grounded in March 2019, after two of...
"Some people think I said something negative against Amazon. If you look at...
The Tejas Express between Ahmedabad and Mumbai Central will run six days a...
South America-based Synergy Group, one of the suitors, has said slots at...
Resolution professional, Ashish Chhawchharia, had informed the bankruptcy...
Synergy Group, the sole potential bidder for Jet Airways, had sought more...
The probe agency has found that the company's vast network of sales agents...
Among the major ones are fewer restrictions on market access for US medical...
However, while the capacity void in the domestic market has been filled, a...
The high point of the trip will be Goyal's meeting with US Trade...
What next? A special edition of watches built with parts from an INS warship...
There are only three entities left in the fray now - Russian Fund Treasury RA...
After the August 10 deadline, South American conglomerate Synergy Group Corp...
The bankruptcy tribunal had on July 5, prevented the Directorate General of...
Earlier when Goyal had moved court seeking permission to go abroad, the judge...
Goyal was questioned by the Serious Fraud Investigation Office on Thursday in...
Jet Airways is undergoing insolvency proceedings and at least three entities...
Naresh Goyal-owned group companies, including the airline's general sales...
Etihad said it declined to lodge an EoI to reinvest in Jet Airways because of...
It had submitted an EoI for Jet as it wanted to understand the business...
Agarwal submitted the express of interest through his family investment arm...
The possible date for bidders to submit a resolution plan to the adjudicating...
When it was operational, Jet Airways had over 22,000 employees of them over...
An employees' consortium has demanded that the Committee of Creditors should...
The first hurdle is how long Jet Airways can enjoy rights over its parking...
Jet Airways HQ owner wants resolution professional to vacate premises. The...
The IRP has admitted 33 claims from banks worth Rs 8,462 crore, and is...
Jet is facing insolvency proceedings in the Netherlands as well where it was...
Court order follows submission of govt lawyers that Serious Fraud...
Even in ruin, Jet retained its one essential brand quality: Dignity, says...
'Are all roads in India privatised? Are governments not playing a role in...
Weeks before shutting down operations on April 17, a logistics vendor had...
Serious Fraud Investigation Office will probe the airline for instances of...
'Now we will have real employees as the owner of the airline.'
The cost of non-subsidised LPG -- the one that consumers buy after exhausting...
If all goes well, then every single employee of Jet Airways will become an...
Financial creditors shall submit their claims with proof by electronic means...
However, the tribunal rejected the plea by the Netherlands based vendors for...
After a highly volatile trading day, the scrip skyrocketed 93.35 per cent to...
'When Etihad initiated their bid, it was conditional.''They said only if...
This the 12th consecutive trading day fall for Jet Airways and the scrip has...
After due deliberations, the lenders have decided to seek resolution for Jet...
In terms of traded volume, 19.47 lakh shares were traded on the BSE, while...
Currently bankers are trying to stave off bankruptcy even as media reports...
Stock exchanges will impose restrictions on trading in Jet Airways shares...
Among the other conditions of the Hinduja group for picking up a stake in Jet...
Both Vistara and AirAsia India, along with their partners, are quietly...
Jet Airways owes more than Rs 8,000 crore to a consortium of banks led by the...
Work on a dozen decisions to start by next week.
The meet will see Goyal batting for structural reforms at the WTO, where...
Another reason working in Air India's favour now is the government's plan to...
The aircraft was called back to the parking bay at the time of taxiing.
Both lenders and Etihad are not comfortable with the entities holding stake...
While the interest from Hinduja is a positive sign for the grounded airline,...
While the SBI-led lenders' consortium is still working on ways to revive the...
Darwin Group has offered Rs 14,000-crore deal to the lenders for acquiring...
The top executives who have put in their papers with immediate effect include...
Fadnavis has assured full support to work out a solution with Prime Minister...
Sources involved in the bidding process confirmed that the entity had...
The lenders are offering 31.2-75 per cent stake in the company on a fully...
A mix of financial and strategic mistakes combined with poor expectations of...
The office, spread over 52,775 square feet carpet area, in Mumbai's suburban...
Sources said Unsworth had submitted a one-page letter indicating his interest...
The petition said that acts of the Centre and DGCA were highly prejudicial to...
Indian bankers are fearful that going out of their way to save Jet could lead...
Independent directors were supposed to safeguard the interest of all...
Or else customers will face capacity shortages and high fares.
Earlier, budget carrier SpiceJet said it would hire 500 from Jet, including...
The full service carrier has more than 20,000 employees, including pilots and...
Jet has been operating on international routes since 2004, being the first...
Two associations representing pilots and engineers have written to SBI...
'The airline business is very dynamic. If you are unable to keep up and lead,...
Jet is the largest player in the Mumbai airport, with over 110 domestic slots...
Currently most of its 119 planes have been taken back by the lessors and many...
A SpiceJet official allegedly told some Jet pilots that they were doing a...
US-based co-working operator WeWork, Lowe's India, SpiceJet and startups like...
Jason Unsworth is the founder and CEO of Atmosphere Intercontinental...
The firm, udChalo, is a portal founded by the wards of Army men and it...
The decision to allot vacant slot to other carriers has been taken to reduce...
Ticket refunds remain a challenge, though Jet claims the amount would be...
The unions also suggested banks can extend special and exclusive loans to the...
The All India Jet Airways Technicians Association cautioned that in case the...
"We will not let this company go down and will not tolerate this casual talk...
"The central government had rescued other businesses by re-structuring debts...
Etihad wants to control a domestic carrier that can give it access to over 45...
'By August 2018, it was evident that Jet was heading into serious financial...
The unions opposed any move to force banks to lend more money to the airline,...
Government officials were struggling to understand why the lenders denied...
Banks want government to retain 40 per cent of Jet slots at all airports to...
Air India, SpiceJet, IndiGo and AirAsia India ready to fill in the gap.
The watchdog would also endeavour to do its best to help the company revive...
Passengers holding confirmed RT tickets on Jet Airways will be allowed to...
Alleging some "motives" behind the series of developments at the carrier, Jet...
With substantial number of employees having been with Jet Airways for around...
The airline owes lakhs of rupees to passengers and its vendors.
A consortium of 26 lenders led by the SBI, with 51 per cent stake in the...
The April 2 Supreme Court order quashing the February 12, 2018 RBI circular...
The sudden massive cancellations of Jet have put travel agents and customers...
Airline sources said Goyal, who had stepped down as chairman of the carrier...
The interim funding has not been forthcoming thus far, and as a result Jet...
The airline is operating just 6-7 planes, with almost its entire fleet being...
The money is expected to be disbursed by the lenders consortium led by SBI...
It couldn't be immediately ascertained whether he has partnered with any...
Meanwhile, the stranded passengers at the Mumbai airport alleged that they...
The airline has suspended its international operations till Monday.
There are no Jet flights to and from Kolkata, Patna, Guwahati and other...
This car commemorates the first Jaguar XJ 1, which was launched in 1968 and...
In another development, SBI Capital Markets, which had issued the expressions...
Of the 22 planes it operated, 16 were on the domestic routes and the rest...
Jet Airways pilots along with engineers and senior executives have not been...
State Bank of India on Monday invited bids from strategic as well as...
Piyush Goyal, who held the post of finance minister when Arun Jaitley was...
Earlier in the day, Jet Airways faced operational disruptions across major...
Over 70 per cent of Jet's fleet has been grounded, leading to massive...
Naresh Goyal, after being ousted with his wife from the board last week, and...
SBI is the lead lender to Jet Airways, which has a debt burden of more than...
The airline informed the ministry that it would operate 75 planes by April-end.
The airline had been delaying the salaries of its pilots, engineers and...
Banks are direct stakeholders and are dealing with commercial matters of the...
Of 1,400 pilots the airline has, 200 have quit in the past few months because...
The guild, which claims to represent around 1,100 of the 1,600 Jet pilots,...
The summer schedule of flights of all other domestic airlines such as...