L Catterton becomes tenth investor in Jio Platforms, picks 0.39% stake for Rs 1,894.5 crore; RIL's digital arm raises 1.04 lakh crore in seven weeks
L Catterton, a consumer-focused private equity firm, picked 0.39 percent stake in Jio Platforms with an investment of Rs 1,894.50 crore, becoming the tenth investor in the Reliance Industries Limited's digital arm in seven weeks
TPG picks 0.93% stake in Jio platforms for Rs 4,546.80 crore; Reliance unit's total fundraising reaches 1.02 lakh crore
Global alternative asset firm TPG has bought 0.93 percent stake in Reliance's digital arm Jio Platforms for Rs 4,546.80 crore
Jet Airways crisis: NCLT asks operational creditors to again serve legal notices to airline, adjourns hearing to 20 June
The banks have appointed SBI Capital Markets as the investment banker to find an investor to scout investors for Jet Airways.
Jet Airways crisis: Two operational creditors drag debt-laden airline to NCLT, next hearing on 13 June
The tribunal issued notices to Jet Airways and banks which own the airline now and posted the matter for further hearing on 13 June when it will decide on admitting or rejecting the bankruptcy pleas.
Jet Airways CEO Vinay Dube quits: With top executives deserting ailing airline, is there any hope left for its revival?
With the top level management throwing in the towel today, is now clear that there is no future for Jet Airways.
Jet Airways employees’ bailout offer: No harm in trying because buyer apathy in any case stares at banks
Unfortunately for Jet Airways employees, there is nothing to leverage with the grounded airline's net worth in the negative.
Jet Airways shares plunge 22.5%, hit 1-year low amid reports hint at lack of interest among bidders to follow up EoI
Jet Airways ceased operations on 17 April after months of financial difficulties and multiple attempts at saving the oldest private sector airliner failed.
Jet Airways crisis: Bidders for debt-laden airline not keen to follow-up, shares tumble over 20% to a decade low
Three of the four qualified bidders - Etihad Airways, TPG Capital and Indigo Partners - have not signed non-disclosure agreements which are necessary for conducting due diligence
Jet Airways revival at stake; shortlisted bidders find no value in parking funds in embattled airline
Etihad, which was keen to buy controlling stake in Jet Airways, has reportedly had a second thought to go ahead with the investment process as it could not find any value left in the embattled airline.
Jet Airways crisis: Lenders keen on resolution outside insolvency law framework in case bidding process fails
Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily after lenders decided against extending emergency funds for its survival
Jet Airways' last flight landed at the city airport past midnight from Amritsar and became the seventh carrier to shutter operations in the past five years.
Jet Airways issues gag order over 20,000 employees, cautions talking to media will affect bidding process
The grounding of India's oldest private airline company sent shock waves among its 20,000-odd employees, of whom Jet Airways owes over three months salaries to 15 percent of the staff.
In October last year, global private equity player KKR had filed insolvency plea against Kwality Dairy before the NCLT.
Jet Airways lenders 'reasonably hopeful' of getting successful bids for grounded cash-strapped airline
Jet Airways still has a market capitalisation of about $400 million, as investors have clung to hopes of a rescue deal being clinched.
Jet Airways CEO says all jobs can't be secured during sale process; has 'no answer' for fate of over 20,000 employees
Jet Airways owes over three months salaries to 15 percent of the staff comprising senior management, pilots and engineers
Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes, as debt-laden airline stares at shutdown
Jet Airways CEO Vinay Dube said on Tuesday in a letter to employees that the carrier had stressed to its lenders the need for some urgent funding, critical to the continuation of its operations.
Jet Airways crisis: Debt-laden airline needs bigger cheque, experienced turnaround team to avert shutdown
Delta/KLM/Air France, the troika that is one of Jet Airways biggest partner for international travel, has already stopped accepting bookings for transporting Jet Airways customers on their planes under the code share pact.
Jet Airways lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues
Jet Airways chief executive Vinay Dube in an internal communication has said the lenders could not decide on the emergency funding and that the board of the airline will meet on Tuesday to take a call on the future.
Jet Airways crisis: Crucial day for airline as lenders meet today; final decision on fund infusion expected
An urgent meeting to discuss the Jet Airways situation was held at the prime minister’s office on Friday, which was also attended by aviation secretary