Tag: Stake Sale

Bhubaneswar: Air Odisha which successfully bid for as many as 50 routes under the UDAN (Ude Desh ka Aam Naagrik) scheme of the Central government recently has been served a stay order by the Bhubaneswar Civil Judge Court restraining it from selling off its stake and operating its bank account. The investors who were duped […]

New Delhi/Mumbai: Global private equity firm TPG Capital and international airline such as Lufthansa are among six entities who are believed to have shown interest in the “expression of interest” stake sale process of the debt-ridden Jet Airways, sources said. The development comes as lenders of the debt-ridden airline invited EoI for stake sale in […]