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).
Tue, Jul 09, 2019
The Delhi High Court on Tuesday asked Jet Airways promoter Naresh Goyal to submit Rs 18,000 crore in bank guarantees in order to be allowed to travel abroad.
Fri, Jul 05, 2019
The Ministry of Corporate Affairs (MCA) has asked the Serious Fraud Investigation Office (SFIO) to probe the alleged fund diversion and writing off of investments by Jet Airways.
There were certain stocks that made news after the markets were closed for trading and can impact the market after they reopen.
Tue, Jul 02, 2019
Debt laden domestic airliner, Jet Airways share price surged 3.17% in Tuesday's intraday trading session, carrying forward the extended rally of previous few trading days.
Fri, Jun 28, 2019
London-based AdiGroup along with Jet Airways Employee Consortium have partnered to bid for 75 per cent stake of Jet Airways under the insolvency resolution process.
Budget 2019 expectations: Indroneel Dutt – Chief Financial Officer at Cleartrip explained few major pointers which can help revive both airlines and passengers.
Wed, Jun 26, 2019
Narendra Modi government has decided to temporarily allocate the Jet Airways flying rights with five countries to national air carrier Air India.
Mon, Jun 24, 2019
At present, the market share of Indigo stands at ~49%, while SpiceJet and Go Air witnessed market share increase to ~14.8%/ 11.1%, respectively.
The resolution professional for Jet Airways, which was admitted to the NCLT last week for bankruptcy, has invited claims from all creditors to the grounded airline.
Cash-strapped domestic airlines, Jet Airways share price surged 10% on Monday's intraday trading session, carrying forward the extended rally of previous three trading days.
Sun, Jun 23, 2019
Debt-loaded airlines, Jet Airways is the first domestic airliner to turn bankrupt after the Mumbai bench of NCLT admitted an insolvency petition filed by SBI.
Fri, Jun 21, 2019
The BSE Sensex lost 148 points to 39,453 while the 50-stock Nifty went down 34 points to 11,797 levels. The index Bank Nifty lost 139 points to 30,641 levels.
Thu, Jun 20, 2019
The statement comes on the day when the Mumbai bench of the NCLT admitted lenders' plea for insolvency for the airline which stopped flying from April 17.
The news has been mostly bad for Jet Airways now for months. Today was different. The airline's share price jumped as much as 150% today in intra day trade, to cheer up its investors.
The market saw spectacular run on June 20 as buying across sectors pushed Sensex up over 500 points intraday while the broader markets outperformed frontliners.
Jet Airways shares witnessed an unexpected rally on the bourses in Thursday's trading session. The share bounced back sharply after witnessing massive correction over the last few weeks, to close over 122 per cent higher on the NSE.
The BSE Sensex shot up 488 points to 39,601 levels while the 50-stock Nifty skyrocketed 140 points after closing at 11,831.
Wed, Jun 19, 2019
The BSE Sensex rose 66 points and sustained above the psychological 39,000 levels after closing at 39,112 while the 50-stock Nifty slipped into the red zone by a whisker after closing at 11,691. The index Bank Nifty rises 11 points and closed at 30,362 levels.
The BSE Sensex shot up 291 points to 39,337 while the 50-stock Nifty soar 85 points to 11,777 levels. The index Bank Nifty rose 267 points to 30,618 levels.
Tue, Jun 18, 2019
It is finally curtains on attempts by lenders to revive the grounded Jet Airways by finding a buyer for it. On Monday, the State Bank of India-led consortium of lenders decided to send the carrier to the National Company Law Tribunal (NCLT) after failing to receive any concrete proposal from prospective buyers more than two months after the process started.
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