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Hinduja Group evaluating bid for Jet Airways

Infrastructure

21 May, 2019

Hinduja Group evaluating bid for Jet Airways

Indian conglomerate Hinduja Group said on Tuesday it is evaluating a possible bid for debt-laden Jet Airways Ltd. The company...

Sensex, Nifty end at record highs after exit polls show big Modi victory

Markets

20 May, 2019

Sensex, Nifty end at record highs after exit polls show big Modi victory

Indian shares surged on Monday, a day after exit polls showed Prime Minister Narendra Modi would retain power with a ......

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

General

17 May, 2019

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes...

Jet Airways CEO, CFO resign as rescue hopes dim

Infrastructure

14 May, 2019

Jet Airways CEO, CFO resign as rescue hopes dim

Indian carrier Jet Airways said on Tuesday its Chief Executive Officer Vinay Dube had resigned with immediate effect. Dube's...

SBI gets two bids for Jet Airways; Etihad shows interest but with riders

Infrastructure

10 May, 2019

SBI gets two bids for Jet Airways; Etihad shows interest but with riders

State Bank of India (SBI) said on Friday it has received two unsolicited bids for ailing Jet Airways, nearly a ......

Sensex drops to near two-month low on US-China trade war fears

Markets

08 May, 2019

Sensex drops to near two-month low on US-China trade war fears

Indian shares dropped more than 1% on Wednesday, ending lower for a sixth straight session, as investors took a cautious ......

HDFC puts Jet Airways' Mumbai property up for sale

Finance

08 May, 2019

HDFC puts Jet Airways' Mumbai property up for sale

HDFC Ltd has decided to put a Mumbai-based prime office property of Jet Airways on sale after the beleaguered airline ......

India govt sees little scope for Jet Airways revival

Infrastructure

06 May, 2019

India govt sees little scope for Jet Airways revival

India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials...

Jet Airways plunges 20% on report bidders not keen to follow up

Infrastructure

02 May, 2019

Jet Airways plunges 20% on report bidders not keen to follow up

Shares of Jet Airways Ltd tumbled over 20 percent to a decade low on Thursday after a media report said ......

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

Manufacturing

24 April, 2019

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction Company of India Ltd (Arcil) has...

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