Search Results for: equity investors

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Naresh Goyal can offer an expression of interest in Jet's debt resolution plan and has a remote chance of returning to controlling role but will have uphill task convincing lenders to ignore possible objections of Etihad.

Apr 12, 2019

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Time for stock-specific play as 7-phase elections begin; market remains flat

Traders brace for increased volatility that could continue until government formation after general election results on May 23; volatility index India VIX rises.

Apr 11, 2019

With its arms wide open, Sharjah is set to embrace new investments

The third largest emirate, which served as the secondary affordable residential backup hub for Dubai is now charting its own journey of excellence; while retaining its culture and heritage.

Apr 11, 2019

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

There were reports that Tata Sons, which has major stakes in Vistara and Air Asia India, might be interested in Jet Airways.

Apr 11, 2019

asian-markets-outside-india-trade-higher-on-21-october

Global Markets: Asian shares pause near eight-month high, dollar weakens

Overnight, European and U.S. shares gained. On Wall Street, the S&P 500 added 0.35 per cent, the Nasdaq climbed 0.7 per cent while the Dow was barely changed.

Apr 11, 2019

Downfall of Jet Airways: How India's premium airline crumbled

Jet Airways has posted losses in eight of the past 10 years and its share of the domestic passenger market has fallen to about 15.5% in 2018 from 22.5% in 2015. About 60%, or more than $600 mn, has been wiped off Jet's market value over the past year.

Apr 10, 2019

Jet Airways on borrowed time as investors cold to lenders' rescue plan

The SBI-led banks' consortium hints at investment possibility of up to 75% stake in debt-laden Jet while expression of interest is set to close on Wednesday.

Apr 9, 2019

Reliance, Jio, GigaFiber, registration, how to apply

Will Jio GigaFiber do to DTH what Reliance Jio did to mobile telephony?

Airtel and Tata Sky are bracing for a shakeup ahead of Jio GigaFiber's commercial launch with a disruptive potential similar to Reliance Jio's that triggered a price war affecting players like Airtel, Vodafone and BSNL.

Apr 8, 2019

Stake sale process of debt-ridden Jet Airways delayed as banks awaits RBI nod

In a bid to turnaround, the fortunes of beleaguered airline, Jet Airways board had decided a plan as per which the consortium of lenders, led by State Bank of India (SBI) would take over the airline's debt and convert it into 114 million shares for just Re 1.

Apr 7, 2019