Page 17 - Jet Airways

Jet Airways crisis: Lenders to discuss bids, interim funding today

The resolution professional had earlier received EoIs from Panama-based Avantulo Group and a Russian fund Treasury Creator

Naresh Goyal created tax evading schemes to siphon off funds abroad: ED

A dozen premises, including Goyal's Mumbai residence, his group companies, their directors and offices of Jet Airways, were searched on Friday

ED searches Jet founder Naresh Goyal's business, residential premises

The probe agency has also alleged that Goyal's companies executed several 'colourable transactions' under the guise of selling and distribution expenses

Jet Airways crisis: Irish lessor moves NCLT seeking to take back Boeing 777

Irish lessor moves NCLT seeking to take back Boeing 777

RP of Jet Airways wants NCLT to ask lenders for interim financing

The second CoC meeting will be held next week wherein the settlement proposal will be presented for approval

ED conducts searches on Jet Airways offices, Naresh Goyal residences

Action is the part of the probe against the airline under Fema, over the signing of a $150-million deal with Etihad Airways in 2014 for a loyalty programme business

Govt allows airlines to use defunct Jet Airways' slots till year-end

Even after such flying rights are allocated to an airline, it must have slots at both the airports in order to start flight operations

Jet Airways creditors' claims balloon to Rs 30,558 cr as revival hopes fade

So far as the operational creditors are concerned (excluding the employees), the RP has admitted Rs 3,321 crore of claims

Top events today: SC to hear plea on J&K, Jet Airways resolution and more

From Supreme Court taking up plea against govt's 'regressive moves' in Kashmir to Priyanka Gandhi Vadra's Sonebhadra visit, Business Standard brings you top events that could make headlines today

Anil Agarwal pulls out of race for acquiring grounded Jet Airways

The remaining two EoIs will now be scrutinised by the resolution professional and submitted to the committee of creditors in the next meeting

Anil Agarwal changes his mind, says won't invest in Jet Airways

On Sunday, Agarwal's investment company Volcan Investment, had submitted an expression of interest in buying Jet Airways

Top 10 business headlines: Modi's economic plan, stimulus package & more

From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday

Anil Agarwal submits an expression of interest to revive Jet Airways

Agarwal submitted the EoI through his family investment arm Volcan Investments before the close of the bid process on Saturday afternoon

Jet gets three EoIs, Etihad backs out; applicants to be named on Tuesday

Panama-based fund Avantulo Group is one of the three entities to have expressed an interest

Despite Jet crisis, domestic air traffic set for double-digit growth again

The first of a three-part series analyses how the aviation industry is an outlier in the midst of an overall economic slowdown

Jet Airways extends deadline for submitting initial bids to Aug 10

The last date has been extended as potential bidders sought additional time, resolution professional Ashish Chhawchharia said

Jet lenders may extend Aug 3 deadline for EoIs; 4 parties show interest

Late last month, the resolution professional Ashish Chhawchharia had floated EoIs for selling stake in the airline that stopped flying mid-April

The Jet Airways insolvency case brings to fore grey areas in aviation law

One of the issues is how long the airline can enjoy rights over its parking slots at airports

Jet Airways HQ owner wants resolution professional to vacate premises

The licence for occupying the place has been terminated, on account of the airline having not paid the rent after March, says Luckystar Property Holdings, legal owner of the premises, Siroya

Etihad, Hinduja Group back at the deal table for grounded Jet Airways

Etihad had submitted a conditional offer for a minority stake in the airline earlier under the lenders-led bid process in May