{"id":308136,"date":"2020-01-01T12:13:02","date_gmt":"2020-01-01T06:43:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=308136"},"modified":"2020-01-01T16:35:22","modified_gmt":"2020-01-01T11:05:22","slug":"billionaire-hinduja-brothers-preparing-bid-for-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/billionaire-hinduja-brothers-preparing-bid-for-jet-airways\/","title":{"rendered":"Billionaire Hinduja brothers preparing bid for Jet Airways"},"content":{"rendered":"<p>NEW DELHI: The Hinduja Group is preparing a bid to buy grounded carrier Jet Airways India Ltd, according to people familiar with the matter.<br \/>\nThe UK-based group, run by brothers Gopichand Hinduja and Ashok Hinduja, plans to submit an expression of interest by the January 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.<br \/>\nCreditors 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>NEW DELHI: The Hinduja Group is preparing a bid to buy grounded carrier Jet Airways India Ltd, according to people familiar with the matter. The UK-based group, run by brothers Gopichand Hinduja and Ashok Hinduja, plans to submit an expression of interest by the January 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":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-308136","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308136","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=308136"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308136\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=308136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=308136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=308136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}