Expression Of Interest

Jet Airways crisis: Airline operated widebody planes to gain revenue in dollars, stops all international flights now

Jet Airways was getting 50 percent of its revenue from international operations when it was operating in full swing.

Jet Airways crisis: Founder Naresh Goyal likely to submit bids today for stake in cash-strapped airline

Former Jet Airways chairman Naresh Goyal is likely to submit initial bids for a stake in the airline on Thursday, sources said

Jet Airways' stake acquisition: Bidders in consortium have to submit individual solvency certificates

Jet Airways is grappling with acute financial crunch and the SBI-led consortium of domestic lenders are implementing a debt resolution plan.

Overhauled oil policy to apply from 4th bid round; move aims at wooing private, foreign investments: DGH

Under OALP, companies are allowed to put in an expression of interest (EoI) for prospecting of oil and gas in any area that is presently not under any production or exploration licence.

Jet Airways debt-recast plan: Bidding process for cash-strapped airline likely to begin from today

Acute financial crunch has forced Jet Airways to ground aircraft, cancel flights and delay payment of salaries, including to pilots.

SBI plans to offload Essar Steel's bad loans worth over Rs 15,000 cr to recover dues, invites EoI from financial institutions

SBI said the resolution plan for the recovery of non-performing asset (NPA) has been approved and filed in NCLT Ahmedabad, according to which the minimum recovery to the bank is Rs 11,313.42 crore.

Kotak Investment, L&T Infrastructure, NBCC among five firms show interest in taking over bankrupt Jaypee Infratech

Jaypee Infratech's IRP Anuj Jain had in October initiated a fresh initiative to revive Jaypee Infratech on NCLT's direction after lenders rejected over Rs 7,000 crore bid of Suraksha group.

Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?

A non-airline company, with no experience in running an airline, can also place a bid for Air India. This shows all that is wrong with the divestment.

Air India privatisation: Naresh Goyal's Jet Airways rules out bid for debt-ridden national carrier

Jet's announcement comes days after IndiGo pulled out of the race to acquire Air India's operations. The Centre now has no clear front-runner in the sale campaign.

Air India privatisation: IndiGo sole domestic carrier eligible to table solo bid for ailing airline

However, IndiGo, the first to express an interest in acquiring national carrier Air India, will have to meet some conditions when it puts down a solo bid.