The government sees little hope of a bidder emerging for Jet Airways, which halted operations last month, two finance ministry officials said. Parties that initially expressed interest in Jet, saddled with roughly $1.2 billion of debt, have so far failed to come forward with firm bids to bail it out, increasing odds that it could soon face bankruptcy proceedings.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2UZtgY5
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