According to DMA, Dr Vardhan did not promote the drug.DMA reiterated that IMA has fabricated the facts to make a sensational case against the health minister
Jet Airway s creditors, staff to get Rs 1,183 cr in 5 years from Kalrock-Jalan consortium
The consortium will pay the money from internal accruals, sale of assets of Jet Airways and cashflow after the resumption of operation.
BusinessToday.In | February 23, 2021 | Updated 22:23 IST
Jet Airways was admitted to the National Company Law Tribunal (NCLT) in June 2019 for insolvency proceedings.
The consortium of Kalrock Capital and UAE-based entrepreneur Murari Lal Jain will pay Rs 1,183 crore over five years to employees, workmen and financial creditors of Jet Airways.
Jet Airways was admitted to the National Company Law Tribunal (NCLT) in June 2019 for insolvency proceedings. The defunct airlines Committee of Creditors had approved Kalrock-Jalan consortium s resolution plan last year.
Vodafone may announce IPO of its European towers unit as soon as Wednesday
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. Updated: 23 Feb 2021, 10:38 PM IST Bloomberg
The intention-to-float document for Vantage Towers could be published as soon as Wednesday morning, people said
Discussions are ongoing and the timing of the Vantage Towers announcement could change
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Vodafone Group Plc is planning to announce the giant initial public offering of its European towers unit in the coming days, according to people familiar with the matter.
The intention-to-float document for Vantage Towers could be published as soon as Wednesday morning, the people said, asking not to be identified discussing private information. Vantage Towers could be valued at 15 billion euros ($18.2 billion) or more in the IPO, the lower range of analyst estimates, the people said.
Jet Airway s creditors, staff to get Rs 1,183 cr in 5 years from Kalrock-Jalan consortium businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
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Jet Airways’ potential new owners want to start operating the airline by July, four months after they had originally planned for it to resume operations. But with close to 40 pending cases in India’s bankruptcy court against the carrier, it may stretch much longer said industry insiders.
The consortium of London-based investor Kalrock Capital and Gulf-based businessman Murari Lal Jalan had in October 2020 got approval for its resolution plan to revive the grounded airline. In December, it said it wanted to resume Jet’s flights in the summer of 2021. Jet is undergoing an insolvency case at the National Company Law Tribunal (NCLT). The court is yet to approve the resolution plan.