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
https://brokersbazaar.com/currency/a-journey-of-inr-indian-rupee