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Two people in the know said that while SBI has begun exploratory talks with TPG, Goyal has reached out to Jet’s commercial partner Delta.

Jet Airways Financials 2018-19 Resolution Professional Statement on Audited Financial Statements for the financial year ended March 31, 2019 Expression of Interest (EoI)- Round 4

| News The firms have sought more time to join the money laundering probe Yes Bank co-founder Rana Kapoor and othersIndroneel Dutt affirms that the Jet Airways collapse led to a temporary vacuum in the system, which was followed by a sluggish growth sentiment. 50000 crores (50000 X 10000000 =500000000000) is a huge amount & could have been put a good use for the … For reprint rights: You can switch off notifications anytime using browser settings.

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MUMBAI: Jet Airways’ top lender State Bank of India and its founder Naresh Goyal have reached out to private equity giant TPG Capital and US carrier Delta Air Lines to explore the possibility of a stake purchase in the beleaguered airline. Jet Airways news Blogs, Comments and Archive News on Economictimes.com Find Stock Market Live Updates, BSE, NSE Top Gainers, Losers and more.

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Regulations, 2015The Enforcement Directorate filed an intervention application before a local court, saying the city police failed to probe the details of offshore accounts provided by the complainant, Akbar Travels of India.The move comes after Mumbai Police filed a closure report in a cheating and forgery case , saying there was no evident case against Jet Airways or its founder.There are some positives as well.

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"We wish to inform that the eleventh meeting of CoC of Jet Airways is scheduled to be held on May 6, 2020," the airline said in a filing to exchanges.Intimation of the Eleventh Meeting of Committee of Creditors(COC)Intimation of conclusion of the Tenth Meeting of Committee of Creditors​​The full-service carrier, which flew for nearly 26 years, suspended flights on April 17 last year after running out of cash for its daily operations.

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The committee of creditors (CoC) of Jet Airways is likely to come out with a revised EoI for the stake sale in the defunct airline on Wednesday, said a source. Copyright © 2020 ETCFO.com.

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“The investors are ready to provide funds.

Apart from creating a significant capacity shortage in the country's aviation sector, the grounding of the airline impacted thousands of jobs.A gradual recovery in domestic traffic is expected once the commercial air services are restored while the international traffic would take a couple of quarters to come back to the normal level, the agency said.Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken.Kapoor joins the Wadia group owned airline at a time when the aviation industries in India and the world are struggling in the wake of the Coronavirus crisis which has all but wiped off air travel from the skies.The airline has offered a rotational leave without pay to its employees and is terminating the contracts of expatriate pilots.The stock quoted a 52-week high of Rs 366.95 and a 52-week low of Rs 14.7.The dedicated bankruptcy court has allowed the plea filed by the resolution professional (RP) of Jet Airways seeking an extension of 90 days for the corporate insolvency resolution process (CIRP).Rupee settles 3 paise higher at 74.90 against US dollarCopyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved.

MUMBAI | NEW DELHI: Jet Airways’ temporary shutdown has significantly aggravated problems for the airline with potential investors asking lenders to take an upto-80% haircut on their Rs 8,500-crore debt. Indroneel Dutt affirms that the Jet Airways collapse led to a temporary vacuum in the system, which was followed by a sluggish growth sentiment. | Announcement Jet has caused a lot of harm to the Aviation in India in the last one year since it’s closure.

When our economy grew at 7.5-8%, the travel industry was 17-18% growth, which has now come down to 4.5-5%.

Jet has caused a lot of harm to the Aviation in India in the last one year since it’s closure.

It’s more than a billion dollars in debt and has lost money for the last four quarters. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. | News Jet Airways (India) Ltd is an Indian international airline based in Mumbai, India which ceased operations on 17 April 2019. | Announcement

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From the third quarter of 2010 onward, Jet Airways was the largest commercial passenger airline in India with a passenger market share of 22.6%.

| News Fuel prices are down a lot. Jet Airways (India) News - Get the Latest Jet Airways (India) News, Announcements, Photos & Videos on The Economic Times.

Jet Airways Ltd is an Indian international airline based in Mumbai, India which ceased operations on 17 April 2019. | News | Announcement From the third quarter of 2010 onward, Jet Airways was the largest commercial passenger airline in India with a passenger market share of 22.6%.

May 12, 2020, 11:54 pm explore: Business

| News For reprint rights: Jet Airways Resolution Professional seeks 90 days extension for bids from NCLTLet it rest for once and for all. Indroneel Dutt affirms that the Jet Airways collapse led to a temporary vacuum in the system, which was followed by a sluggish growth sentiment.

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