After 18 months of closure, what really could be salvaged? And the answer sadly is, precious little, Patience, perseverance and plenty of moolah is the way forward even assuming intent is in place, says Anjuli Bhargava.
The top executives who have put in their papers with immediate effect include Jet's chief executive officer (CEO) Vinay Dube, chief finance officer (CFO) and deputy CEO Amit Agarwal and company secretary Kuldeep Sharma.
Hiran's body was found in a creek in Thane district on March 5.
Serious Fraud Investigation Office will probe the airline for instances of fund diversions and large-scale irregularities.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
While Jet founder Naresh Goyal said he was willing to infuse Rs 700 crore and also pledge all his shares in the company provided he can have at least 25 per cent stake, the airline's foreign partner Etihad Airways insists he must not keep more than a 22 per cent stake.
SBI is the lead lender to Jet Airways, which has a debt burden of more than Rs 8,000 crore.
The Telugu remake of the Tamil film Tamizh Padam, is fun even though the climax is a bit of a dampener.
Rejecting allegations of stashing away unaccounted money in Swiss accounts, Jet Airways on Friday said there is no account in the name of its Chairman Naresh Goyal in HSBC Bank, Geneva, though he is entitled to have bank accounts outside India as he is a Non-Resident Indian.
CPRF women warriors are undergoing training and if they are cleared, they will be inducted into the specialised team.
Tikait has been at loggerheads with various governments on a range of farmers' issues, including loan waivers, minimum support price, power tariff and land acquisition in states such as UP, Haryana Rajasthan, Madhya Pradesh.
United States Pharma giant Pfizer is in the final stages of an agreement with India to supply anti-COVID-19 vaccines, Chief Executive Officer Dr Albert Bourla said on Tuesday, observing that the domestically manufactured vaccines would be the backbone of vaccinating the Indian people.
Indian archer Pooja finished the ranking round at the 29th spot with a total of 513 points in the Recurve archery event of the Paralympics Games on Saturday.
The unions opposed any move to force banks to lend more money to the airline, saying Naresh Goyal is still the promoter and major shareholder with 51 per cent stake and it is his headache to run the company or sell it to someone.
Debt-ridden firm Reliance Capital on Monday objected to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL's promoter group at Rs 44.15 per share. Anil Ambani's Reliance Group company Reliance Capital in a statement termed the proposed transaction as a blatant abuse of the purported rights by Credit Suisse under certain lending agreements with the RCAP Group. However, Reliance Capital did not share the details of the "blatant abuse of the purported rights".
A mix of financial and strategic mistakes combined with poor expectations of the management are the reasons for the downfall of Indian airlines. For Jet, the deathly potion was even more toxic on account of the bitter squabbles between promoter Naresh Goyal and strategic partner Etihad Airways.
The film's audio release is scheduled for January 15.
Would Ukraine be such a pushover if it had that nuclear stockpile?' asks Shekhar Gupta.
JD-U MP Harivansh filed his nomination as the ruling NDA candidate to the Rajya Sabha deputy chairman's post and is likely to be elected, even as the Opposition is working to field a joint candidate against him to force a contest.
Those killed include eight women and a migrant worker from Madhya Pradesh, police said.
According to the complaint filed by SBI, the account had become non-performing asset on January 27, 2016.
His vision for Jet Airways is to operate the carrier as a full-service airline, both domestic and international.
Western UP contributes nearly 70 seats to the 402-member UP assembly. In 2017, the BJP had swept the region. Every pre-2022 poll survey had suggested the party would face its biggest attrition from this region because of the farmers' groups.
The Naresh Goyal-promoted private airline, in which UAE national carrier Etihad holds 24 per cent stake, is facing acute cash crunch after posting two back-to back quarterly losses this year.
On his 45th birthday, Sukanya Verma offers a playlist of AB Baby's 10 grooviest tracks
Telugu movie doyens mourn a legend.
While media reports suggested that Tata-Singapore Airlines is looking at an all-stock merger of Jet, Tatas, in a statement said, discussions to take over Jet Airways have been preliminary and no proposal has been made
Veteran doctor and educationist from Karnataka Belle Monappa Hegde and archaeology legend B B Lal were also given the Padma Vibhushan awards.
Director Virabhadram's debut outing is an average fare.
Katti Kantha Rao is a typical Naresh film, set against a family backdrop that tickles the funny bone.
'Shouldn't the DGCA ensure both safety and convenience of passengers?' 'And convenience has been a casualty as nobody knows which Jet flight would be grounded next, throwing passengers' plans in disarray,' says Nivedita Mookerji.
'Shouldn't the DGCA ensure both safety and convenience of passengers?' 'And convenience has been a casualty as nobody knows which Jet flight would be grounded next, throwing passengers' plans in disarray,' says Nivedita Mookerji.
Director Mohanakrishna Indraganti talks about his first comedy film Bandipotu.
The defence minister said "last year in Galwan Valley, our soldiers displayed exemplary courage and valour in line of duty. I salute all brave soldiers who laid down their lives fighting for the nation."
Naresh Chandra -- distinguished civil servant and diplomat -- passed into the ages on Sunday, July 9. Ambassador T P Sreenivasan salutes a patriot like none other.<
Reader Naresh Kumar sent us a picture of Arman Ibrahim from Sydney.
Naresh Chandra, bureaucrat, diplomat and administrator, shares an 'insider's view' on the India-Pakistan peace process in an exclusive interview with Rediff.com's Sheela Bhatt.
Naresh Goyal-owned group companies, including the airline's general sales agent in India and abroad, and a car rental firm, are among those who have filed claims.
The Jat vote is crucial in winning at least 40 assembly seats in Western UP, which has been in the grip of a widespread farmer movement, reports Nitin Kumar.
Satish Gujral, renowned for his versatility across different mediums, died on Thursday night. He was 94.
