DHFL lenders to meet today to seek solution for Rs 90,000 cr debt; may consider conversion of debt into equity
The DHFL debt has been downgraded by multiple rating agencies as the stress kept building up, while the company has also deferred announcement of quarterly results last week.
Jet Airways pilots defer strike to 15 April; SBI-led consortium says can remit only December salary to staff
Jet Airways has been defaulting on salary payments to pilots, engineers and senior management since August last year
Naresh Goyal writes emotional mail to Jet Airways staff: 'It's not the end of journey, but start of a brand new chapter'
Naresh Goyal said the approval of the debt-recast plan will put the carrier on a "sounder and sustainable" financial footing
Jet Airways new debt-recast plan: Analysts welcome 'very belated changes' in cash-strapped airline, say they are 'good and positive'
Jet Airways board on Monday approved an immediate fund infusion of up to Rs 1,500 crore by SBI-led lenders
.jpg?impolicy=website&width=640&height=362 "Naresh Goyal seeks Rs 750-cr lifeline from equity partner Etihad, warns delay may ground Jet Airways")
Naresh Goyal seeks Rs 750-cr lifeline from equity partner Etihad, warns delay may ground Jet Airways
It can be noted that Etihad board is meeting in Abu Dhabi on Monday to discuss the resolution plan for Jet Airways in which it owns 24 percent stake since April 2014.