Jet Airways said on January 28 it would seek a shareholder nod next month to convert existing debt into equity, raise more money and allow its lenders to nominate a director on its board as part of efforts to resolve its financing problems.SBI set to own 15% of Jet Airways after debt for equity swap: Reports
Jet Airways said on January 28 it would seek a shareholder nod next month to convert existing debt into equity, raise more money and allow its lenders to nominate a director on its board as part of efforts to resolve its financing problems.
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The NCLT#39;s Ahmedabad bench has directed the RP to include GAIL in the list of creditors for both the companies.
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Thirteen tier 2 and 3 cities register higher traffic in December than pre-COVID-19 levels.
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