Tue, May 28, 2024
The withdrawal comes after the National Company Law Appellate Tribunal (NCLAT) refused to give any relief to JKC. An NCLAT bench headed by Chairman Justice Ashok Bhushan said the matter is already before the Supreme Court.
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Mon, Apr 08, 2024
Shanmugam was the chief operating officer at the Bangalore International Airport Ltd (BIAL) and led the operationalisation of the new terminal 2.
Tue, Mar 12, 2024
"The impugned order passed by Adjudicating Authority (NCLT Mumbai) dated 13.01.2023 is upheld," said a two-member NCLAT bench. Besides, it has also directed the lenders of Jet Airways to adjust the Rs 150 crore paid by the consortium as performance bank guarantee (PBG).
Wed, Nov 22, 2023
At around 10:05 a.m., shares of InterGlobe Aviation, or IndiGo, were up 0.23 per cent on the BSE at Rs 2,626.6 apiece, Jet Airways (India) shares were up 0.34 per cent at Rs 55.4 apiece, and SpiceJet shares were up 2.43 per cent at Rs 41.24 apiece.
Tue, Nov 07, 2023
In his plea, Goyal claimed his arrest was illegal as it was done without following provisions of the Prevention of Money Laundering Act (PMLA).
Wed, Nov 01, 2023
Shares of Bhansali Engineering, Coforge, Hindustan Unilever, Kajaria Ceramics, Laurus Labs, Share India Securities, and Tech Mahindra will trade ex-dividend on Thursday.
"The attached properties include 17 residential flats/bungalows and commercial premises in the name of various companies and persons," said ED in a post on 'X' on Wednesday.
Last seen, shares of ONGC, Oil India, Mangalore Refinery & Petrochemicals Limited (MRPL), and Chennai Petroleum Corporation rose from 0.46 per cent to 3.72 per cent.
Thu, Oct 12, 2023
Counsel appearing for the creditors sought more time to complete their pleadings during the proceedings of the National Company Law Appellate Tribunal (INCLAT), which was accepted by a three-member bench.
Wed, Oct 04, 2023
Additional Solicitor General N Venkataraman, representing lenders including SBI and other banks, told the National Company Law Appellate Tribunal (NCLAT) that there are apprehensions about the source of funds, which deposited money for Jalan-Kalrock Consortium's (JKC).
Fri, Sep 29, 2023
Jalan Kalrock Consortium, the winning bidder for the revival of grounded carrier Jet Airways, said that with Rs 100 crore payment, it has 'fulfilled' its total financial commitment of Rs 350 crore to revive the airline.
With this, the consortium has "fulfilled" its total financial commitment of Rs 350 crore to revive the airline, which would pave the way for it to take over the ownership of Jey Airways, JKC (Jalan Kalrock Consortium) said in a statement.
Sun, Sep 17, 2023
The supreme court in Liechtenstein rejected an appeal to unfreeze the assets that include seven Porsche cars, five Rolex “boxes” and a classic car simulator worth as much as $214,000, according to a June verdict published on the court website, Bloomberg reported.
Sat, Sep 02, 2023
Jet Airways owner Naresh Goyal was arrested by ED, and produced in PMLA court of Mumbai, in many cases including money laundering
ED arrested Jet Airways owner Naresh Goyal in a money laundering case.
Mon, Jul 31, 2023
Jalan-Kalrock Consortium, the winning bidder for bankrupt Jet Airways, on Monday said aviation regulator DGCA has renewed the airline's air operator certificate.
Thu, Jul 20, 2023
Sundaram Ramesh has been appointed as a Whole Time Director and Chief Financial Officer, Gautam Acharya as a Whole Time Director and Rajesh Prasad as a Non-Executive Director, according to a regulatory filing.
Wed, Jul 19, 2023
The money-laundering case stems from a recent FIR lodged by the Central Bureau of Investigation (CBI) against Jet Airways, Goyal, his wife Anita and some former company executives in connection with an alleged Rs 538-crore fraud at the Canara Bank.
Wed, Jul 12, 2023
SpiceJet shares dipped 2.95 per cent to Rs 28.97 in morning deals on the BSE.
Sat, May 27, 2023
In a relief for the consortium, NCLAT extended the timeline for payment obligation by excluding the time between November 16, 2022, and March 3, 2023 -- the time period when it was hearing the petition filed by lenders.
Fri, May 05, 2023
The allegations pertain to the alleged diversion of funds, among other irregularities.
Fri, Apr 28, 2023
PTI reports that the CEO quit with effect from today (April 28, 2023). He had joined the airline as CEO on April 4, 2022.
Mon, Mar 20, 2023
The newly launched Akasa Air marked an 83.7 per cent occupancy in February, while SpiceJet recorded the highest occupancy of 94.1 per cent, followed by GoFirst (93.1 per cent), Air India (89 per cent), and IndiGo (86.5 per cent).
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![SpiceJet's share dip a day after DGCA puts it under "enhanced surveillance"](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2023/07/12/250621-spicejet-new.jpg?itok=poU19khv&c=22a12e4955a45ac46b05732047323c73 "SpiceJet's share dip a day after DGCA puts it under "enhanced surveillance"")
