{"id":310648,"date":"2020-01-16T11:37:01","date_gmt":"2020-01-16T06:07:01","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=310648"},"modified":"2020-01-16T11:46:58","modified_gmt":"2020-01-16T06:16:58","slug":"synergy-prudent-left-in-the-fray-as-hinduja-refuses-to-board-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/synergy-prudent-left-in-the-fray-as-hinduja-refuses-to-board-jet-airways\/","title":{"rendered":"Synergy, Prudent left in the fray as Hinduja refuses to board Jet Airways"},"content":{"rendered":"<p>Mumbai\/ New Delhi: London-based Hinduja group pulled out of the race for Jet Airways (India) Ltd, leaving only two contenders\u2014South America\u2019s Synergy Group and New Delhi-based Prudent ARC Ltd\u2014in the fray to acquire the airline that shut operations in April last year, said two people with direct knowledge of the matter.<\/p>\n<p>Synergy submitted its expression of interest (EoI) on 6 January and Prudent, an asset restructuring company, submitted its initial bid on Wednesday, the final day of submitting bids, the people said. With only two parties left in the fray, the revival of what was once India\u2019s largest private airline appears to be an uphill task.<\/p>\n<p>\u201cSubject to the eligibility of the potential bidders, the lenders expect to get binding bids by 17 February,&#8221; one of the two people said, requesting anonymity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai\/ New Delhi: London-based Hinduja group pulled out of the race for Jet Airways (India) Ltd, leaving only two contenders\u2014South America\u2019s Synergy Group and New Delhi-based Prudent ARC Ltd\u2014in the fray to acquire the airline that shut operations in April last year, said two people with direct knowledge of the matter. Synergy submitted its expression of interest (EoI) on 6 January and Prudent, an asset restructuring company, submitted its initial bid on Wednesday, the final day of submitting bids, the people said. With only two parties left in the fray, the revival of what was once India\u2019s largest private airline [&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":[188,139,130],"tags":[],"class_list":["post-310648","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310648","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=310648"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/310648\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=310648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=310648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=310648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}