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"JKC, the new proposed promoters of Jet Airways, today completed an additional infusion of Rs 100 crore, reaffirming its unwavering commitment to a successful resurgence of Jet Airways. With this infusion, JKC has now fulfilled its total financial commitment of Rs 350 crore equity as per the court-approved resolution plan, and all commitments by JKC now stand fulfilled to take control of the iconic airline," Jet Airways said. ....
India’s insolvency proceedings are not working well. The Jet story illustrates some of the costs India is incurring. It is not about the airline alone. ....
NCLT approves Jet Airways ownership transfer navhindtimes.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from navhindtimes.in Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Business at LatestLY. Florian Fritsch, promoter of Kalrock Capital Partners against whom regulatory agencies are initiating certain investigations in Liechtenstein, Switzerland, and Austria, said neither Kalrock nor Jet Airways have any connections with the charges and it will have no impact on the acquisition of the airline. Business News | Kalrock Says Probes Against Florian Fritsch Will Have No Impact on Jet Airways Deal. ....