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Watch: India Watch, 17th June 2019

Harried bankers Monday decided against an outright sale of Jet Airways to the lone bidder, instead voted to send it for bankruptcy to recover their Rs 8,000 crore dues.

Banks vote to send Jet Airways for bankruptcy to recover dues

Lenders of the embattled Jet Airways airline have decided to take it to National Company Law Tribunal (NCLT).

Jet Airways lenders decide to take airline to NCLT

Lenders to Jet Airways plan to begin insolvency proceedings against the debt-laden carrier, a consortium of the airline's lenders said in a statement on Monday. "After due deliberations, lenders have decided to seek resolution under IBC since only a conditional bid was received," said the lenders, referring to India's Insolvency and Bankruptcy Code.

Jet Airways' lenders to take airline to bankruptcy court

Shares of Jet Airways continued the downward trend, plunging over 18 per cent Monday as stock exchanges, last week, decided to impose restrictions on its stock trading from June 28.

Jet Airways shares continue to face massive selling pressure; tumble over 18%

Shares of grounded Jet Airways continued the downward trend, plunging nearly 12 per cent on Friday, after stock exchanges, earlier this week, decided to impose restrictions on its stock trading from June 28.

Jet Airways shares continue downward trend; tumble nearly 12%

New civil aviation minister said on Friday he is confident that problems at grounded Jet Airways Ltd will be solved, in the government's first comments on the debt-laden carrier since it was reelected last month.

Civil aviation minister says confident Jet Airways' problems will be solved

The National Stock Exchange of India (NSE) said on Wednesday contracts of Jet Airways Ltd would be pulled out of trading in the Futures and Options segment, citing the embattled carrier's failure to respond to queries about rumours in the market.

Jet Airways to be removed from trading in NSE's futures and options market

Shares of debt-laden Jet Airways slipped to a record low on Tuesday after Mint reported that Hinduja Group and Etihad Airways PJSC may not proceed with plans to resurrect Jet Airways, dealing a severe blow to efforts aimed at rescuing the airline that has suspended flights for nearly two months.

WION Wallet: Jet Airways crisis: Hinduja, Hinduja halt rescue efforts

India's budget airline SpiceJet Ltd is examining the prospect of taking over widebody jets previously operated by Jet Airways Ltd, but initial studies show they need significant maintenance work, its chairman said on Saturday.

SpiceJet examines taking over widebody jets previously operated by Jet Airways

A report in Mint suggests that Jet Airways’ financial creditors may start proceedings against the airline under the Insolvency and Bankruptcy Code, 2016, in about a fortnight if they are unable to find an investor.

Dutch Court initiates Bankruptcy case against Jet Airways

InterGlobe Aviation Ltd, the operator of IndiGo, said its quarterly profit surged five-fold, beating analysts’ estimates, as yields rose and the airline carried more passengers amid the collapse of rival Jet Airways (India) Ltd following funding woes.

WION Wallet: IndiGo profit soars in Q4 with  Jet Airways grounded

Interglobe Aviation Ltd, owner of Indian budget airline IndiGo, forecast a strong year ahead after the collapse of Jet Airways helped the company report a fivefold jump in fourth-quarter profit.

IndiGo forecasts strong year as Jet Airways collapse boosts profit

Jet Airways founder Naresh Goyal was Saturday stopped from leaving the country due to a lookout circular issued by the Union Home Ministry, officials said Saturday.

Home Ministry's look out notice against Jet Airways' Goyal stops him from leaving India

Former chairman of Jet Airways Naresh Goyal and his wife Anita Goyal were denied permission to travel abroad Saturday by the immigration authority at Mumbai airport, sources said.

Naresh Goyal, wife denied permission to travel abroad: Sources

The Hinduja Group said on Tuesday it is evaluating a possible bid for debt-laden Jet Airways Ltd, sending shares of the grounded carrier as high as 14 per cent in afternoon trading.

Hinduja Group evaluating bid for Jet Airways, shares rise

According to reports Aviation Minister is to give decision soon on India's debt-ridden Jet Airways. Watch this video to know more.

WION Wallet: Aviation Minister to give decision soon on Jet Airways

Jet Airways Ltd's Deputy Chief Executive and Chief Financial Officer Amit Agarwal has resigned, the debt-ridden carrier said on Tuesday. The airline did not mention a replacement for Agarwal, who had joined Jet in 2015 as its CFO.

Jet Airways CFO Amit Agarwal steps down

Police imposes night curfew in Sri Lanka again amid violence Sri Lankan authorities on Tuesday imposed another night of curfew amid violence in the North-Western Province (NWP).

News brief: Big stories of the day

Jet Airways said on Tuesday that Chief Executive Officer Vinay Dube had resigned with immediate effect. Earlier today, Jet Airways' Deputy Chief Executive and Chief Financial Officer Amit Agarwal had also resigned.

After CFO, Jet Airways CEO Vinay Dube resigns

Shares of Jet Airways Tuesday plunged over 7 per cent, its second day of decline, after the company's deputy chief executive officer and chief financial officer (CFO) Amit Agarwal resigned.

Jet Airways shares continue to fall; plummet over 7%

Shares of Jet Airways Ltd fell as much as 11.4% on Monday after media reports said a buyout offer from Middle Eastern carrier Etihad Airways was non-binding and might not guarantee a deal for the struggling Indian carrier.

Jet Airways shares slumps 11.4% after reports of Etihad's non-binding offer

Today is the last day of bidding for the troubled carrier Jet Airways. Watch this video.

WION Wallet: Will Jet Airways find a buyer ?

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Watch: India Watch, 17th June 2019

Banks vote to send Jet Airways for bankruptcy to recover dues

Jet Airways lenders decide to take airline to NCLT

Jet Airways' lenders to take airline to bankruptcy court

Jet Airways shares continue to face massive selling pressure; tumble over 18%

Jet Airways shares continue to face massive selling pressure; tumble over 18%

Jet Airways shares continue downward trend; tumble nearly 12%

Civil aviation minister says confident Jet Airways' problems will be solved

Jet Airways to be removed from trading in NSE's futures and options market

WION Wallet: Jet Airways crisis: Hinduja, Hinduja halt rescue efforts

SpiceJet examines taking over widebody jets previously operated by Jet Airways

Dutch Court initiates Bankruptcy case against Jet Airways

WION Wallet: IndiGo profit soars in Q4 with Jet Airways grounded

IndiGo forecasts strong year as Jet Airways collapse boosts profit

Home Ministry's look out notice against Jet Airways' Goyal stops him from leaving India

Naresh Goyal, wife denied permission to travel abroad: Sources

Hinduja Group evaluating bid for Jet Airways, shares rise

WION Wallet: Aviation Minister to give decision soon on Jet Airways

Jet Airways CFO Amit Agarwal steps down

News brief: Big stories of the day

After CFO, Jet Airways CEO Vinay Dube resigns

Jet Airways shares continue to fall; plummet over 7%

Jet Airways shares slumps 11.4% after reports of Etihad's non-binding offer

WION Wallet: Will Jet Airways find a buyer ?