Comments
Diversified Hinduja Group is evaluating the opportunity to invest in Jet Airways, which has been grounded for more than a month now.
Lenders to the full service carrier, which temporarily shuttered operations on April 17 as it ran out of cash, is looking for possible suitors.
While the SBI-led lenders’ consortium is still working on ways to revive the once-storied Jet Airways, the Civil Aviation Ministry has already awarded the carrier’s slots at various airports to other airlines on a temporary basis.
“Hinduja Group is evaluating the Jet Airways opportunity,” the group said in a statement on Tuesday.
The group has interests in automotive, information technology, infrastructure project, power, real estate, healthcare and other areas. It employs more than 1,50,000 people, according to its website.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.