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Jet Airways founder and principal promoters Naresh Goyal, and his wife Anita Goyal will today step down from the board and leave the airline they founded nearly 25 years ago, ET Now learns exclusively from sources. The formal announcement on the Goyals exit is expected later today.
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The Economic Times | A Times Internet Limited product
Jet Airways founder and principal promoters Naresh Goyal, and his wife Anita Goyal will today step down from the board and leave the airline they founded nearly 25 years ago, ET Now learns exclusively from sources. The formal announcement on the Goyals exit is expected later today.
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Jet Airways' founder Naresh Goyal has agreed to step down as chairman of the airline's board, a source with direct knowledge of the matter told Reuters on Thursday, as the cash-strapped Indian carrier inches closer to securing a rescue deal.
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In a series of tweets, Vijay Mallya held the Centre responsible for the collapse of Jet Airways and his now-defunct Kingfisher, questioning the efforts to bail out ailing Air India.
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The Enforcement Directorate conducted searches on Friday at the premises of Jet Airways founder Naresh Goyal in connection with a case of alleged contravention of the foreign exchange law, officials said.
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Watch ED conducts raids at premises of Jet Airways founder Naresh Goyal With HD Quality
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Jet Airways Sold For One Rupee | Indian Airline Jet Airways Sold 50 % Of It's Stake For One Rupee Top Telugu TV
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Naresh Goyal, the founder chairman of India's oldest private sector airline Jet Airways, and his wife Anita Goyal have stepped down from the its board. Goyal has also resigned as chairman. Lenders to the beleaguered carrier will now take over the management and board of Jet until it finds a new strategic investor, it said in a filing to the Bombay Stock Exchange. Tune in as ET's Anirban Chowdhury brings you all the details about the Jet Airways crisis. (Text: ET Bureau)
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Watch Naresh Goyal steps down- Everything you need to know about Jet Airways crisis | Economic Times With HD Quality
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Former chairman of Jet Airways Naresh Goyal and his wife Anita Goyal were denied permission to travel abroad Saturday by the immigration authority at Mumbai airport, sources said. The couple was to travel by Dubai-bound Emirates flight EK 507 when the immigration authority denied them permission to fly, they said.
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Watch Jet Airways saga: Naresh Goyal, wife stopped at Mumbai airport With HD Quality
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The Economic Times | A Times Internet Limited product
Jet Airways Chairman Naresh Goyal has offered to invest up to Rs 700 crore in the crisis-hit airline as well as pledge all his shares on the condition that his stake does not fall below 25 per cent, according to a letter.
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Stakeholders in the restructuring process are in a hurdle. The stake of Naresh Goyal may fall below 15 percent post the fresh share issuance, while that of Etihad may go above 40 percent as it infuses money equity. Watch!
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