Subscribe To Our Free Newsletter |
Liquidation of Jet Airways: Are 1.43 lakh retail investors staring at complete losses?
India's Supreme Court has ordered the liquidation of Jet Airways after the Jalan Kalrock Consortium, the winning bidder, failed to meet its financial obligations. This decision leaves shareholders, including 1.43 lakh retail investors, facing potential losses as the airline's assets are sold to settle debts.