Naresh Goyal

Jet Airways founder Naresh Goyal remanded to ED custody till Sept 11 over Rs 538 crore fraud case

Jet Airways founder Naresh Goyal was arrested on Friday in a money-laundering case linked to an alleged bank fraud of Rs 538 crore at Canara Bank. The case stems from an FIR of the CBI registered on 3 May against Jet Airways, Goyal, his wife Anita and some former company executives.

Explained: The bank fraud case that led to Jet Airways founder Naresh Goyal's arrest

Jet Airways founder Naresh Goyal was arrested on Friday in a money-laundering case linked to an alleged bank fraud of Rs 538 crore at Canara Bank. The case stems from an FIR of the CBI registered on 3 May against Jet Airways, Goyal, his wife Anita and some former company executives

ED arrests Jet Airways founder Naresh Goyal in Rs 538 crore bank fraud case

Goyal, 74, is expected to be produced before a special PMLA court in Mumbai on Saturday where the ED will seek for his custodial remand. He was taken into custody under the Prevention of Money Laundering Act following a long session of questioning at the central agency’s office in Mumbai

Jet Airways takes to the skies after three years: What’s in store for the once-bankrupt airline?

Jet Airways has already hired over 200 people across major operations, including former SpiceJet and Vistara executive Sanjiv Kapoor as its CEO. The airline plans to start operations in the September quarter of this year

Yes Bank crisis: ED summons Subhash Chandra, Naresh Goyal, Sameer Gehlaut, other top corporate honchos for questioning this week

The Enforcement Directorate (ED) has summoned top corporate honchos, including Essel Group promoter Subhash Chandra, Jet Airways founder Naresh Goyal and Indiabulls chairman Sameer Gehlaut, to appear before it this week in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday

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.

Hinduja Group still interested in Jet Airways after approach by govt, banks; resolution professional invites fresh EoI for defunct airline

Earlier in June, the Hinduja Group had backed out of bidding for the Naresh Goyal-owned airline as they felt it was too risky for them to get involved due to the then ongoing government investigations and the insolvency pleas submitted by operational creditors at the NCLT,

Jet Airways crisis: Naresh Goyal, debt-laden airline come under SFIO investigation for fund diversion

In July this year, the government had ordered an investigation into the alleged mismanagement of funds at Jet Airways, which halted operations in April this year after running out of cash.

Mistrust between govt, businesses growing on frequent raids, searches; high-interest rate regime a challenge: Ajay Piramal

Piramal chose to make the concerns public at the World Hindu Economic Forum which began in the financial capital.

Jet Airways stake sale: Will grounded airline be left with just one bidder? Russian fund Treasury RA Creator may be disqualified, says report

Russian fund Treasury RA Creator did not provide enough information about itself to Jet Airways’ insolvency resolution professional

Enforcement Directorate questions Jet Airways founder Naresh Goyal in foreign exchange violation case

The Enforcement Directorate (ED) questioned Jet Airways founder Naresh Goyal on Friday in a case of an alleged contravention of the foreign exchange law, officials said

Jet Airways stake sale: Lenders of bankrupt airline give third extension for EoI to 31 Aug

The bankruptcy court had on 20 June appointed Ashish Chhawchharia as RP, who late last month had floated EoIs for Jet Airways that stopped flying mid-April.

ED searches Jet Airways founder Naresh Goyal's premises in Delhi, Mumbai in connection with violation of FEMA

ED conducted searches at the premises of Jet Airways founder Naresh Goyal in connection with a case of an alleged contravention of the foreign exchange law

Days after submitting EoI for Jet Airways, Vedanta's Anil Agarwal says not interested in debt-laden airline

In April, Etihad had presented a conditional expression of interest to reinvest in Jet Airways as a minority stakeholder, with a partner, but it did not materialise.

NDTV founders Prannoy Roy, wife Radhika detained at Mumbai airport due to 'corruption case'; media company terms case 'fake'

Jet Airways crisis: SBI moves intervention plea against HDFC claim on airline's BKC property; NCLT adjourns matter for 8 August

If Jet Airways founder Naresh Goyal wants to go abroad, he should first deposit Rs 18,000 cr as guarantee: Delhi HC

He added that Goyal wanted to go to Dubai and London for the purpose of arranging funds for the Jet group which was facing financial crisis.

Delhi High Court to hear Jet Airways founder Naresh Goyal's petition that seeks to lift travel ban today

The Delhi High Court is scheduled to hear on Friday a petition filed by former Jet Airways chairman Naresh Goyal seeking quashing of the Look Out Circular (LOC) issued against him

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

Jet Airways slips into memory as a loved brand after an inept SBI-led consortium forces carrier to crash-land onto bankruptcy court

The banks have been as clueless about their approach towards Jet Airways as the cash-strapped airline has been since it defaulted on its loans