EOD update 21-04-2019

Jet Lenders To Approach Debt Recovery Body If Stake Sale Fails: Report

Approaching the DRT, as a last option is a major departure from the earlier speculation that the airline will be taken to the NCLT

IndiaMart aims to raise Rs 3,250 crore via IPO

Jaypee Infratech Buyout Race Picks Up With Adani Group, NBCC Bids

The realty firm has an outstanding debt of nearly Rs 9,800 crore and over 22,000 of its flats in Noida remain incomplete

Jet Airways Employees Considered Taking Over Airline: Pilots’ Union

Internal differences of opinion on employees taking over the management of Jet Airways did not permit pursuing the idea, said the official

Jet Airways landed to the grounds!

Has anyone saw Its reason? Its indeed Naresh Goyal and Management but other cost like rising in Dollar against INR. Burden of Oil coming if we buy Oil while swapping dollars against INR. anyone can see the dollar rate and burden over airlines from 2003 to 2012. Dollar boomed almost 70%, so did Oil.

Naresh Goyal’s Jet airways was on No 1 position till 2008. After 2008, cheap airlines just took placed and Jet Airways was seeking its pride on premium. Just like Nokia, Jet Airways lost its ground.

Moral: Change yourself before time kills you.

By – Vikesh Kumar Kataria

Read a real time story behind INR, which has effected the in-house borrowings?

A journey of INR – Indian Rupee by Mr. Suneel Suryavanshi
A must read story

Vikesh Kumaar Kataria

Experienced Founder of Brokers Bazaar with a demonstrated history of working in Skilled in RMS from various big corporate giants, Analytical Skills, Banking, Entrepreneurship, Digitalisation and Equities with Strong entrepreneurship professionalism. Experienced Co-Founder with a demonstrated history of working in the logistics and supply chain industry.

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