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TBO Tek raises 696.5cr from anchor investors ahead of IPO launch

TBO Tek raises 696.5cr from anchor investors ahead of IPO launch

Ahead of its IPO that opens today, B2B travel portal Travel Boutique Online i.e. TBO Tek has raised INR 696.5 crore from 47 anchor investors. The start-up has allocated 45.7 Lakh shares to its anchor

Aviation
Lenders seek proof of AOC in Jet Airways’ next hearing

Lenders seek proof of AOC in Jet Airways’ next hearing

In a recent development, lenders to Jet Airways have requested the Jalan-Kalrock Consortium (JKC), the consortium leading the revival efforts for the grounded carrier, to present the crucial Air Operator Certificate (AOC) in the upcoming

Aviation
Jet Airways’ revival hits roadblock with former staff demanding INR 2.5bn

Jet Airways’ revival hits roadblock with former staff demanding INR 2.5bn

Lenders to bankrupt Jet Airways India Ltd. are resisting a court-approved resolution plan, further delaying the airline’s return to the skies, according to people familiar with the matter and email communications seen by Bloomberg News.

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