Jet Airways India Ltd. aircraft sit on the tarmac at Chhatrapati Shivaji Maharaj International Airport in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Jet Airways Has No Option But To Shutter As Banks Refuse Funding 

With the lenders rejecting a lifeline of Rs 400 crore, Jet Airways Ltd., which has been on a wing and prayer since January, is left with no other option but to ground operations, at least temporari...