Followers

Friday, February 2, 2024

Jalan-Kalrock fails to pay Rs 150 crore for Jet revival deal

The revival package worth Rs 4,783 crore proposed by the Jalan-Kalrock consortium for bankrupt Jet Airways seemed to be reaching an impasse, as the Supreme Court declined to extend the deadline of January 31 for the successful bidder to deposit Rs 150 crore. The SC on Jan 18 had permitted Jalan-Kalrock to deposit Rs 150 crore by Jan 31 to keep the resolution plan afloat.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/C6fi3wc

No comments:

Post a Comment

Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...