The 1.43 lakh retail shareholders of Jet Airways are now staring at a complete wipeout of their investments after the Supreme Court ordered the troubled airline's liquidation on Thursday, November 8, rejecting the Jalan Kalrock consortium’s takeover bid. Naresh Goyal, chairman of Jet Airways According to exchange data, retail investors currently own 19.29% of Jet Airways Ltd shares. This amounts …
The MSCI India Index slid as much as 1.7%, taking its losses from a Dec. 1 peak to more than 10%. A broad risk-off mood in Asian markets ahead of the minutes of the US Federal Reserve’s latest meeting also contributed to negative sentiment. “There is little bit of renewed pressure since interest rates will likely stay elevated longer than …
