SBI plans to sell 14% stake in card unit’s IPO, raise Rs 8,000 crore
It is the second largest credit card company in India with a card base of 9.5 million after HDFC Bank, with over 13 million.
Etihad says not feasible to reinvest in Jet; cites unresolved issues concerning liabilities
Etihad, the national carrier of the UAE picked up...
JPMiles part of Etihad, not affected by Jet Airways grounding
Months after the demise of Jet Airways, big ads published recently by JPMiles —...
Jet Airways fails to attract new bidders
Grounded Jet Airways failed to attract any new bidders during the extended deadline, according to a source.
Jet Privilege goes for brand revamp; to be known as 'InterMiles'
Carved out as a separate entity from the now-grounded Jet Airways more than five years ago, JPPL has close to 10 million members. JPPL, part of Etihad Aviation Group which holds 50.1 per cent stake, said it offers the members the opportunity to earn and redeem 'InterMiles' across more than 10 categories and over 150 programme partners.
Jet Airways stake sale: Etihad skips bidding; lenders get 3 others
Industry sources said the deep-pocketed Hinduja group did not turn up this time.
Jet lenders extend deadline for expressions of interest, again
Aims to allow ‘serious bidders’, to also put to vote proposal to lend more to airline.
Anil Agarwal’s family trust shows interest in Jet Airways
Billionaire’s family trust is one of the three entities that responded to the call for expressions of interest (EOI).
Etihad representative quits Jet Airways Board
Kamark’s exit comes as Jet faces two probes while its lenders look for investors to save the airline.
Singapore Air picks crucial fight against Emirates in India
Singapore Airlines has just picked a fight with Emirates in a grab for India’s international travelers.
Jet Airways extends deadline for bid submissions to Aug 10
The revised deadline for submission is now on August 10 instead of August 3.
Jet Airways hits lower circuit as Anil Agarwal’s family trust withdraws EOI
With Volcan pulling out, only two entities are left in the fray to buy stake in the airline.
Market Movers: What changed for D-Street while you were sleeping
The market is likely to consolidate this week amid rangebound trade.
Jet plunges 13% as Hinduja, Etihad unlikely to rescue airline
Shares of Jet Airways traded 11 per cent down at Rs 111.95 on BSE.
Jet Airways case: Etihad's demands for open offer waiver, SBI says slots assurance not feasible
Earlier this week, SBI-led consortium of 26 lenders had decided to seek resolution under IBC as they had received only a conditional bid.
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