You Searched For "Naresh Goyal" and got 20 results
Sort By:
4 mins read
Naresh Goyal's 'incessant siphoning of funds' among reasons behind Jet Airways' downfall: ED
et Airways founder Naresh Goyal's "resistance" in diluting his stakes and "incessant siphoning off …
PTI
2 mins read
Jet Airways founder Naresh Goyal sent to 14-day judicial custody
A special PMLA court here on Thursday remanded Jet Airways founder Naresh Goyal in 14-day judicial …
PTI
1 min read
CBI searches at Jet Airways office, founder Naresh Goyal's residence in bank fraud case
The CBI on Friday conducted searches at seven locations including the premises of Jet Airways and i…
PTI
1 min read
Naresh Goyal resigns from Jet Airways following emergency board meeting
The move comes following an ‘emergency board meeting’ on Monday. Its main lender State Bank of I…
3 mins read
The threat of bankruptcy forces Etihad and Naresh Goyal to call for truce
“Jet Airways, its principal shareholders, including Etihad Airways, and key financial stakeholde…
2 mins read
Etihad makes dramatic U-turn with intention to raise stake in ailing Jet Airways
As the deadline for bids to purchase a stake in Jet Airways has been extended till April 12th, th…
2 mins read
Jet Airways’ desperate search for a new investor takes it to the US, Singapore and UAE
Under the airline’s resolution plan, a consortium of banks, led by SBI, will conver…
2 mins read
Etihad reportedly just made an offer to sell its entire stake in Jet to the struggling airline’s largest creditor
Not only does the UAE-based carrier want to sell its 24% stake in the airline and its 50.1% st…
2 mins read
Etihad finally caves in creditor and promoter demands to invest in Jet
Whatever the eventual amount, the investment from Etihad, which is pending the approval o…
2 mins read
Jet’s chairman finally agrees to step down, paving way for bank-led bailout
Naresh Goyal, the chairman of Jet Airways, has finally agreed to relinquish his stewardship of the …
2 mins read
Jet Airways’ revival delayed by Etihad’s hard bargain
The move will effectively push Naresh Goyal out of the driver’s seat by halving his 51% hold…
3 mins read
Lenders’ plan to keep Jet Airways' afloat may put Etihad in the cockpit
On one hand, it involves a $450 million capital infusion by cash-poor Jet Airways and its part…
3 mins read
Jet Airways misses a loan repayment and gets downgraded again, further compromising owner Naresh Goyal’s plans to retain control of the airline
In a stock exchange filing on the last day of 2018, Jet Airways announced that it had defaul…
2 mins read
The owner of Jet Airways is reportedly trying to secure a rescue deal with partner Etihad to avoid losing control of his struggling airline
The deal, currently in negotiations, could see Goyal and his family reduce their stake in the a…
3 mins read
Indian conglomerate Tata is in talks to buy out troubled carrier Jet Airways in a deal that could create one of the country's largest airlines
The second part of the deal, however, is where it gets tricky for Jet Airways. Goyal is…
2 mins read
Naresh Goyal questioned all night by ED after fresh charges of money laundering
The Enforcement Directorate (ED) filed a fresh case to probe the allegations of money laundering ag…
2 mins read
It’s official-- Jet Airways is bankrupt, declares a Indian court on the same day the share price jumped 93%
The bankruptcy proceedings of Jet Airways have started as National Company Law Tribunal (NCLT) admi…
2 mins read
One of the richest Indian families has its eye on Jet Airways
It seems that Jet’s creditors are counting on a last-minute bid to prevent the airline from going…
2 mins read
A former Jet Airways insider says Naresh Goyal cannot run the airline
India’s oldest private airline, Jet Airways, is on the brink of a collapse, and there is a bitter…
1 min read
Jet Airways posts first annual profit after 8 years
For the year, its net profit was a record 12.12 billion rupees ($181 million) compared with a loss …