Tatas may decide on buying Jet Airways on Friday

The board of Tata Sons is likely to meet on Friday to discuss a proposal to take over the Naresh Goyal-controlled Jet Airways, which is looking for investors to tide over liquidity crunch that it......

Jet Airways makes progress on debt

Jet Airways, the country’s largest air carrier, expects its debt burden to decline to Rs 8,250 crore (Rs 82.5 billion) by the end of this financial year, a fall of nearly 50 per cent from the......

Jet Airways shares gain over 7% on Cabinet nod to Etihad deal

Shares of Jet Airways on Friday soared over 7 per cent after the Union Cabinet cleared the company's proposed sale of 24 per cent equity to Abu Dhabi-based Etihad. Cheering the move, shares of Jet......

Will banks bail out debt-laden Jet Airways?

Switching to a damage-control mode, bankers and government officials claimed that Jet Airways wouldn’t fall even if Etihad refuses to back the resolution plan and exits. A day after Etihad......