{"id":307888,"date":"2019-12-31T11:44:13","date_gmt":"2019-12-31T06:14:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=307888"},"modified":"2019-12-31T11:51:22","modified_gmt":"2019-12-31T06:21:22","slug":"hinduja-brothers-preparing-bid-for-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hinduja-brothers-preparing-bid-for-jet-airways\/","title":{"rendered":"Hinduja brothers preparing bid for Jet Airways"},"content":{"rendered":"<p>The Hinduja Group is preparing a bid to buy grounded carrier Jet AirwaysNSE 4.87 % India Ltd., according to people familiar with the matter.<\/p>\n<p>The U.K.-based group, run by brothers Gopichand Hinduja and Ashok Hinduja, plans to submit an expression of interest by the Jan. 15 deadline, signaling its intent to make a formal offer, the people said, asking not to be identified as the deliberations are private. Hinduja is seeking a partner to bid, one of the people said. <\/p>\n<p>Creditors are seeking fresh bids for Jet Airways after earlier getting interest from only a single company, Synergy Group Corp. The Mumbai-based airline, which was once the country\u2019s largest by market value, fell victim to a cut-throat price war initiated by a slew of budget carriers and eventually defaulted to banks, staff and lessors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hinduja Group is preparing a bid to buy grounded carrier Jet AirwaysNSE 4.87 % India Ltd., according to people familiar with the matter. The U.K.-based group, run by brothers Gopichand Hinduja and Ashok Hinduja, plans to submit an expression of interest by the Jan. 15 deadline, signaling its intent to make a formal offer, the people said, asking not to be identified as the deliberations are private. Hinduja is seeking a partner to bid, one of the people said. Creditors are seeking fresh bids for Jet Airways after earlier getting interest from only a single company, Synergy Group Corp. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-307888","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=307888"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/307888\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=307888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=307888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=307888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}