Jet Airways founder Naresh Goyal booked in money-laundering case; residence raided, statement recorded
Last year, the ED had registered an offence against Goyal and his wife in connection with FEMA (Foreign Exchange Manipulation Act) violations.
Jet Airways crisis: Govt orders SFIO probe into alleged mismanagement of funds, summons Naresh Goyal for questioning
The SFIO order refers to alleged siphoning of funds and unspecified financial irregularities at Jet Airways
Naresh Goyal 'escape' bid is thwarted, good; but how did he get on the plane if there was a lookout notice?
Goyal could have been officially or legally advised to stay at home and not travel abroad instead of delaying a foreign carrier and inconveniencing passengers
Jet Airways halted all operations on Wednesday after its lenders rejected its plea for emergency funding from the airline that was once India’s largest private carrier.
Last month, Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.
Jet Airways crisis: Founder Naresh Goyal likely to submit bids today for stake in cash-strapped airline
Former Jet Airways chairman Naresh Goyal is likely to submit initial bids for a stake in the airline on Thursday, sources said
After taking stock of the current situation at cash-strapped Jet Airways, which is currently operating less than 30 planes, the lenders said they would pursue resolution plan for the carrier in a time-bound manner under the present legal and regulatory framework.
Jet Airways' domestic pilots body, the National Aviators Guild (NAG), on Tuesday sought a meeting with State Bank chairman Rajnish Kumar over pending salaries, a day after the lenders took over the carrier founded by Naresh Goyal a quarter of a century ago
Naresh Goyal writes emotional mail to Jet Airways staff: 'It's not the end of journey, but start of a brand new chapter'
Naresh Goyal said the approval of the debt-recast plan will put the carrier on a "sounder and sustainable" financial footing
Jet Airways stock opened on a bullish note Tuesday and jumped 8.80 percent to Rs 276.90 on the BSE and at the NSE, shares advanced 8.93 percent to Rs 276.80.
Naresh Goyal is the founder of the full-service airline, which has been operating for more than 25 years
Jet Airways' board has approved immediate fund infusion of up to Rs 1,500 crore by lenders as well as conversion of debt into equity
Jet Airways new debt-recast plan: Analysts welcome 'very belated changes' in cash-strapped airline, say they are 'good and positive'
Jet Airways board on Monday approved an immediate fund infusion of up to Rs 1,500 crore by SBI-led lenders
Jet Airways crisis: SBI-led consortium announces new measures, but keeping a debt-ridden airline floating won't be easy
The financial situation at Jet Airways is precarious and the broader banking sector is facing greater risks with regard to outstanding debt-related to this airline.
Shares of Jet Airways zoomed 15.5 percent on Monday with its founder and Chairman Naresh Goyal and his wife Anita Goyal stepping down from the crisis-hit airline's board
Jet Airways founder Naresh Goyal, wife Anita likely to quit airline today; CEO Vinay Dubey may stay on board
Naresh, who is reportedly in London, may address all 23,000 employees of the crisis-hit Jet Airways from there, said the report.