Hinduja Group
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Jet Airways revival plan: Creditors panel to meet today, may decide on extending deadline to two suitors keen on crisis-hit airline
Fp Staff •The second bidder, South America-based Synergy Group, did not submit a plan for Jet Airways and the group reportedly sought clarity on slots in the domestic and international routes of the grounded airline.
Ashok Leyland's commercial vehicle sales decline by 28% to 11,168 units in December
•Hinduja flagship firm Ashok Leyland on Thursday reported 28 percent decline in total commercial vehicle sales at 11,168 units in December
Jet Airways crisis: Hinduja Group likely to bid for grounded airline again, to submit EoI by 15 January; shares up 5%
Fp Staff •As per media reports, the UK-based group plans to submit an expression of interest by the 15 January deadline, signalling its intent to make a formal offer.
Hinduja Group still interested in Jet Airways after approach by govt, banks; resolution professional invites fresh EoI for defunct airline
Fp Staff •Earlier in June, the Hinduja Group had backed out of bidding for the Naresh Goyal-owned airline as they felt it was too risky for them to get involved due to the then ongoing government investigations and the insolvency pleas submitted by operational creditors at the NCLT,
Narendra Modi govt needs to shed British-style bureaucracy, move faster to achieve $5 tn economy: Gopichand Hinduja
•Hinduja Group co-chairman Gopichand Hinduja on Tuesday said that while the $5 trillion target of 2024 is achievable, Prime Minister Narendra Modi-led government needs to shed the British style of bureaucracy to move faster
Ashok Leyland bags order from Tamil Nadu State Transport Undertakings for 1,750 buses
•Hinduja Group's flagship firm Ashok Leyland on Wednesday said it has bagged an order from Tamil Nadu State Transport Undertakings for 1,750 buses
Auto sector slowdown: Ashok Leyland to suspend production at various plants this month
•Hinduja Group flagship firm Ashok Leyland on Monday announced non-working days at its various manufacturing facilities following weak demand
Jet Airways crisis: Hinduja Group, Etihad Airways likely to bid for debt-laden airline via IBC route; Tata, Qatar Airways keen to join race too
Fp Staff •Qatar Airways is also expected to join the race for Jet Airways stake acquisition if the state-owned flag carrier of Qatar is able to find out a suitable local partner, the report said.
Jet Airways crisis: Lenders' consortium picks Grant Thornton as resolution professional for cash-strapped airline
Fp Staff •The bankers to Jet Airways on Tuesday moved the National Company Law Tribunal to recover their dues of over Rs 8,500 crore.
Jet Airways crisis: Lenders to meet today to finalise resolution for debt-laden airline; shares plunge over 18%
Fp Staff •Last week, the I-T Department summoned Naresh Goyal, the founder of Jet Airways, for questioning in connection with an alleged tax evasion case.