The consortium on August 31 deposited Rs 100 crore as part of its payment plan to lenders which amounts to Rs 350 crore. Another tranche of...

Jalan Kalrock Consortium has successfully obtained renewal for the Airport Operator Certificate (AOC) of Jet Airways from the Directorate G...

Jalan-Kalrock Consortium, the winning bidder for Jet Airways, has appointed Jatinderpal Singh Dhillon as the airline's accountable manager....

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

Asset manager Kalrock Capital Partners said on Monday that probes into its investor Florian Fritsch have no impact on its acquisition of In...

Police investigators in the small Alpine principality are evaluating the confiscated evidence from the raids conducted on Oct. 26, Liechten...

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...

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...

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

Punjab National Bank (PNB) moved the appellate bankruptcy court on Thursday, seeking a stay on the approval to Jet Airways’ revival plan, p...

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

As per the resolution plan, the successful bidder has proposed a total cash flow of Rs 1375 crore for the revival of the company. The reviv...

After failing to get funds even for daily operations, the then cash-strapped airline announced temporary suspension of services on April 17...

This puts the consortium ahead of the other one in the fray, comprising of Haryana-based Flight Simulation Technique Centre, Mumbai's Big C...

Jet Airways stopped operations in April last year due to a cash crunch and piling debt.