“The consortium has spent considerable time and expense to revive the airline,” said the person who requested not to be identified. “Though...

The primary dispute is about whether the new owners of Jet Airways need to pay more money into the pension funds of ex-employees, the peopl...

The latest bottleneck stems from unresolved negotiations between its management and engine makers on more favourable terms in its proposed ...

However, the Jalan-Kalrock Consortium, which has won the bid to acquire the company under the Insolvency and Bankruptcy Code (IBC), cannot ...

The Jalan-Kalrock consortium has sought time until next week for a decision, the same person said. The resolution plan approved by the Nati...

Prior to joining SriLankan Airlines, Mr Gunatilleka was the CFO & Board Member of TAAG Angola Airlines from November 2015 to July 2018 unde...

As efforts are on to restart services of Jet Airways, Orion IT Parks Pvt Ltd -- whose shareholders are Murari Jalan and Ankit Jalan -- will...

Murari Lal Jalan and Florian Fritsch consortium's resolution plan for the grounded carrier was approved by the National Company Law Tribuna...

The Murari Lal Jalan and Florian Fritsch consortium, which emerged as the winning bidder for Jet Airways after the completion of the resolu...

The new owners of Jet Airways have deferred the commencement of its operations for the fourth time in a year, even as the airline continues...

Once among India's largest airlines, Jet Airways will resume operations from the first quarter of 2022. This will be the first airline to b...

Jet Airways will commence operations in the first quarter next year, even though it continues to be trapped in legal complications. In a pr...

The Mumbai bench of the National Company Law Tribunal presided by judicial members - Janab Mohammed Ajmal and V Nallasenapathy while allowi...

The tribunal heard the resolution plan submitted by the winning bidder Kalrock-Jalan Consortium for grounded Jet Airways. In January, the t...

The National Company Law Tribunal (NCLT) is hearing the Kalrock-Jalan consortium’s revival plan for bankrupt carrier Jet Airways. The plan ...

The resolution proceedings went on for more than a year before Jet found a new investor in the Jalan-Kalrock consortium. Jet stopped operat...

“The resolution submitted by Murali Lal Jalan and Florian Fritsch has been duly approved by the CoC under Section 30(4) of the Code as the ...