Jet Airways-bidders

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Jet Airways-bidders - Total results - 4
Hinduja Group still interested in Jet Airways after approach by govt, banks; resolution professional invites fresh EoI for defunct airline
Business

Hinduja Group still interested in Jet Airways after approach by govt, banks; resolution professional invites fresh EoI for defunct airline

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,

Jet Airways stake sale: Will grounded airline be left with just one bidder? Russian fund Treasury RA Creator may be disqualified, says report
Business

Jet Airways stake sale: Will grounded airline be left with just one bidder? Russian fund Treasury RA Creator may be disqualified, says report

Russian fund Treasury RA Creator did not provide enough information about itself to Jet Airways’ insolvency resolution professional

Govt sees little hope of a bidder emerging for debt-laden Jet Airways; could face bankruptcy proceedings: Report
Business

Govt sees little hope of a bidder emerging for debt-laden Jet Airways; could face bankruptcy proceedings: Report

Jet’s borrowings are small compared to those of other big defaulters such as Videocon and some steel companies, so lenders likely can wait for some more time before commencing bankruptcy proceedings,