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Chen's demand came in response to concerns raised by Communications Minister Ravi Shankar Prasad on the security issues related to Chinese telecom gear in his first interaction with the media
With Jet Airways, one of its key competitors among FSCs closing operations, there are several upsides that should make Air India more attractive for strategic investors than it was earlier
Limited availability and high prices may deter telcos, but 4G may no longer be adequate for meeting customer needs
Ballooning debt forces more and more Indian promoters to sell majority stakes
Flying high, IndiGo encounters turbulence from competitors
A source in the know said this was possibly the last attempt by the SBI to rescue Jet, which was grounded in April due to dearth of funds
To take the Rs 49,000 crore ITC to the top slot in the highly competitive FMCG business will require some aggression
Air Asia India keen to apply for West Asia slots vacated by Jet Airways
Some years ago Gangwal had reportedly said his relationship with Bhatia evolved in an amazing friendship, which he termed "blind trust"
The two sides led by Rahul Bhatia and Rakesh Gangwal are discussing possible changes in shareholders' agreement
This is being seen as a significant step to rescue the grounded Jet Airways
Jet lenders find there's no binding bid
It wants to grab 5 per cent of the Indian passenger car market by 2025, which would require a five-fold increase in car sales to 250,00-300,000 a year
Any potential buyer of Jet would be staring at a total debt of around Rs 11,000 crore unless they get substantial write-offs
According to aviation sources, SpiceJet has received 16 slots while Air Asia India has got eight in Mumbai in the Jet aftermath
Currently most of its 119 planes have been taken back by the lessors and many have been leased to other airlines like SpiceJet
Hits and misses: The US private equity firm has a mixed record
Abu Dhabi-based airline wants Jet to boost ambitions for West Asia but its progress in this area has faltered
Lenders plan to get investors who could buy out their stake and take control of the ailing airline
ADIA, Temasek, Blackstone, TPG sounded out on a joint bid