Jet Airways' shares jumped over 16 per cent on Monday after a report that founder and chairman Naresh Goyal was likely to step down from the board of the embattled company and give up majority control. Reports are that Jet was likely to finalise a resolution plan with its lenders this week, and that Goyal would trim his 51 per cent stake to 20-25 per cent and agree to voting rights on his stake being capped at 10 per cent, in a bid to save the debt-laden carrier..
Jet Airways' shares jumped over 16 per cent on Monday after a report that founder and chairman Naresh Goyal was likely to step down from the board of the embattled company and give up majority control. Reports are that Jet was likely to finalise a resolution plan with its lenders this week, and that Goyal would trim his 51 per cent stake to 20-25 per cent and agree to voting rights on his stake being capped at 10 per cent, in a bid to save the debt-laden carrier.
News video | 1816 views
Jet Airways Sold For One Rupee | Indian Airline Jet Airways Sold 50 % Of It's Stake For One Rupee Top Telugu TV
Debt-ravaged Jet Airways India, the country's biggest so-called full-service airline, is selling a majority stake for 1 rupee - a little more than 1 US cent. It's part of a bailout plan by its state-owned lenders that will give the airline time to arrange fresh equity. The complicated arrangement is on track to be voted through on February 21, in what would represent the rescue of one of the country's most visible companies at a sensitive time, with India's general election just weeks away.
Entertainment video | 2261 views
Watch Jet Airways Flight Hits Another Jet Airways Flight In Delhi | Major Disaster averted | iNews With HD Quality
News video | 1425 views
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A cluster of three companies said to represent Jet Airways founder Naresh Goyal has withdrawn from the bidding process for the distressed airline after Etihad Airways and TPG Capital threatened to walk out of the deal if Goyal was part of it. Meanwhile, Jet’s management has proposed a complete suspension of operations to its board in an ongoing meeting as there is no financial assistance forthcoming from the airline’s lenders
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Watch Jet Airways: Naresh Goyal withdraws from bidding after Etihad, TPG Capital threaten to walk out With HD Quality
News video | 1110 views
State Bank of India (SBI), the country's largest lender, chairman Rajnish Kumar said the lenders have received two unsolicited bids for the cash strapped Jet Airways and another one is expected by the end of the day.However, people in the know told ET now that Etihad has submitted a binding bid for Jet Airways minutes ahead of the deadline. It has also informed that the SBI Caps will have an Indian partner for acquiring a controlling stake in the grounded airline. Currently, Etihad leadership is in Mumbai.
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Watch Etihad submits binding bid for Jet Airways ahead of deadline With HD Quality
News video | 537 views
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Here are the top stocks that are likely to be in focus in today's trading.
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India's oldest private carrier suspended all operations temporarily on Wednesday, with no money to fly and banks refusing to lend any more. It has left more than 15,000 employees in the lurch. What will be the future of Jet Airways? Anirban Chowdhury has more.
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Watch The Jet saga: Possible outcomes | Jet Airways Crisis | Economic Times With HD Quality
News video | 1310 views
No last word from lenders on interim funding yet. But, we believe in Jet and will leave no stone unturned to resurrect Jet. We are in constant touch with lenders: Jet Airways CEO Vinay Dube
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Watch Jet Airways CEO Vinay Dube breaks his silence on Jet crisis With HD Quality
News video | 532 views
Abu Dhabi, U.A.E - Video shows the interiors of Abu Dhabi International Airport Terminal 1. Not in the same league as Dubai airport, but new infrastructure is coming up. The video also shows the city skyline from Etihad airlines. Shot by GoPro 3 camera in 1080p mode.
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Beauty Tips video | 1332 views
Join Our Bartending School The Spirit Vidyalaya, Call us on 7558204535
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If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the worl
Cooking video | 11872 views
Kolkata’s Best Bartending School with LAB Felicity “The Spirit Vidyalaya”. If you love bartending then come and join us
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PEG क्या है, इसे PEG क्यों कहा जाता है? | What Is Peg
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What is Wheat Beer? | व्हीट बीयर क्या है?
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भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?
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About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho
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एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
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Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink kn
Cooking video | 1237 views