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Jet Airways lenders call for fresh bids to find buyers

Infrastructure

24 December, 2019

Jet Airways lenders call for fresh bids to find buyers

Jet Airways (India) Ltd will go through a fresh round of bidding as its lenders have decided to make another ......

Podcast: JSW bags another stressed asset; foreign investors may get policy push

Investor Bulletin

06 September, 2019

Podcast: JSW bags another stressed asset; foreign investors may get policy push

Two years after the Reserve Bank of India asked banks to start bankruptcy proceedings against Bhushan Power & Steel Ltd, ......

Jet Airways' creditors to recover only $300-400 mn in liquidation scenario

Infrastructure

04 September, 2019

Jet Airways' creditors to recover only $300-400 mn in liquidation scenario

Creditors of India’s bankrupt Jet Airways (JET.NS) are likely to recover less than 10% of the carrier’s total outstanding dues ......

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

General

03 September, 2019

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of ......

Podcast: Mega bank merger, Dewan Housing in spotlight

Investor Bulletin

30 August, 2019

Podcast: Mega bank merger, Dewan Housing in spotlight

The government on Friday approved four sets of mergers that will reduce the number of state-owned banks to 12. The move ......

Jet Airways lenders extend deadline for initial offers again

Infrastructure

28 August, 2019

Jet Airways lenders extend deadline for initial offers again

Lenders to Jet Airways (India) Ltd have yet again extended the deadline to receive expressions of interest from potential bidders ......

Grapevine: SoftBank to invest in Lenskart, Dailyhunt; Colombia carrier parent eyes Jet

General

26 August, 2019

Grapevine: SoftBank to invest in Lenskart, Dailyhunt; Colombia carrier parent eyes Jet

SoftBank is in advanced discussions to close two investments — a $400 million (about Rs 2,881 crore at current exchange ......

Vedanta chairman Anil Agarwal drops out of Jet Airways race

Infrastructure

12 August, 2019

Vedanta chairman Anil Agarwal drops out of Jet Airways race

Mining giant Vedanta Group’s chairman Anil Agarwal has pulled out of the race to invest in Jet Airways (India) Ltd, ......

Stressed assets: Essar Steel, Jet Airways cases drag on; Patanjali to buy Ruchi Soya

General

26 July, 2019

Stressed assets: Essar Steel, Jet Airways cases drag on; Patanjali to buy Ruchi Soya

The distressed assets segment saw more action this week with at least one more well-known company reaching a resolution while ......

Premium
Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again

Infrastructure

26 July, 2019

Why Jet bidders can't pin hopes on loyalty scheme alone to fly carrier again

Jet Airways (India) Ltd’s creditors have dangled the airline’s lucrative loyalty programme to attract buyers, but that may not be ......