Search Results for: Jet Airways

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Market's exit poll boost could bring the bulls back if Nifty closes above 11,750

Volatility could return in days ahead within the Nifty consolidation range of 11,550-11,850 during the government-forming days; realty, PSU banks may gain further.

May 20, 2019

IndiGo shares tank over report of differences between co-founders on growth plan

India's largest airline has been growing at breakneck speed with drastic capacity addition to grabbing market share in the world's fastest-expanding aviation market.

May 16, 2019

Ola and SBI launch India's most rewarding credit card; target 10 million cards by 2022

Ola's suite of digital financial offerings ranges from the Ola Money wallet to postpaid billing and micro-insurance for rides taken on the Ola platform.

May 15, 2019

Jet saga: CEO Vinay Dube, CFO Amit Agarwal resign as airline revival hopes fade

The departure of Chief Executive Vinay Dube comes hard on the heels of the resignation of Chief Financial Officer Amit Agarwal, announced earlier in the day.

May 14, 2019

Over 460,000 online accounts breached in major e-commerce hack

Uniqlo faces a massive data breach, where credit card numbers and purchase history was accessed by hackers.

May 14, 2019

Girl dies after fire breaks out at Saitan Chowki police quarters in Dadar west, Mumbai

Mumbai girl locked inside house by parents dies after massive fire

Shravani Chavan, 16, died in the tragedy at Saitan Chowki Police Colony in Dadar West. Her father Ashok Chavan is a policeman posted with Vakola police station.

May 13, 2019

Will Etihad's conditions for Jet recapitalisation ground the revival plan?

Etihad Airways has submitted a binding bid on condition that it will remain a minority shareholder and banks will find other funding sources.

May 11, 2019

State Bank of India receives 2 unsolicited bids for grounded Jet Airways

Jet, once India's largest private airline, stopped all flights on April 17 after its lenders, led by SBI, declined to extend more funds to keep the carrier going.

May 10, 2019

Jet rescue plan hits another air pocket as HDFC plans to auction airline's Mumbai office

The debt-riddled airline is already battling a host of financial, legal and regulatory hurdles in its attempt to resume operations.

May 9, 2019

Naresh Goyal makes another attempt to check into Jet, offers Rs 250 crore

In a communication to Jet Airways' employees, Goyal said that the funds are now available to banks controlling the airline.

May 8, 2019

Kuwait Airways ground-support staff crushed to death during towing accident [Photos]

The accident occurred while the victim was towing an empty Boeing 777-300ER from a parking area to Terminal 4 at the Kuwait Airport.

May 7, 2019

Jet Airways threatened with bankruptcy proceedings

No chance of a Jet Airways revival: Government sources

Parties that had initially expressed interest in Jet, which is saddled with roughly $1.2 billion of debt, have so far failed to make firm bids to bail it out, increasing the odds that it could soon face bankruptcy proceedings.

May 6, 2019

An aircraft of India's Jet Airways lands

Fear of the unknown: Profitability worries, turnaround time deter Jet bidders

Size of debt and other liabilities scare potential investors who are delaying binding bids, says SBI; lenders worried as May 10 deadline for firm bids nears.

May 3, 2019

Will Naresh Goyal face criminal charges over financial fraud after Jet crash?

Registrar of companies is examining the airline's books of account to see if promoters diverted funds from floundering Jet and hastened its crash; any criminal investigation could adversely affect the bidding process piloted by the lenders

May 2, 2019

Thailand King Vajiralongkorn marries body guard days before coronation

A former flight attendant for Thai Airways, Suthida was appointed as the deputy commander of King Vajiralongkorn's bodyguard unit back in 2014.