close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Naresh Goyal

ED raids Jet Airways founder Naresh Goyal's residence over alleged money laundering

Meanwhile, Delhi High Court today allowed Goyal's plea to be allowed to travel abroad.

Aug 23, 2019, 15:08 PM IST

High Court allows Jet Airways founder Naresh Goyal to travel abroad

On May 25, Goyal and his wife Anita Goyal were stopped from leaving the country by immigration authorities at Mumbai airport.

Aug 23, 2019, 15:00 PM IST

Delhi HC refuses to quash Look out Circular against Jet promoter Naresh Goyal

Naresh Goyal had moved High Court seeking direction to quash the LOC issued against him. He also sought the quashing of certain office memoranda issued against him.

Jul 09, 2019, 12:02 PM IST

Government orders probe into alleged mismanagement of funds by Jet Airways

The Ministry of Corporate Affairs has ordered Serious Fraud Investigation Office (SFIO) to carry out the investigation, a government order seen by Reuters showed.

Jul 04, 2019, 23:04 PM IST

Jet Airways founder Naresh Goyal, wife denied permission to travel abroad

The Emirates aircraft had reached the taxiway when it was recalled and the duo detained.

May 25, 2019, 19:30 PM IST

Jet Airways likely to cancel all flights temporarily

The carrier, which has more than Rs 8,000 crore debt, is currently operating less than 10 aircraft.

Apr 16, 2019, 13:23 PM IST

Naresh Goyal bids for Jet Airways

According to the sources, Naresh Goyal, the former promoter of Jet Airways, has placed a bid for the cash-starved airline, Jet Airways. Watch full video to know more.

Apr 13, 2019, 10:06 AM IST

Jet Airways delays ECB repayment amid liquidity crunch

This is at least the fourth time that the airline has defaulted on debt repayment in recent months.

Mar 29, 2019, 11:55 AM IST

Former SBI chairman AK Purwar likely to be the new Jet Airways chairman: Sources

The Jet Airways board is expected to meet soon and make announcements regarding the new changes after an interim management is being formed after founder Naresh Goyal along with his wife stepped down from the Airline's board.

Mar 27, 2019, 15:31 PM IST

Naresh Goyal has option to raise stake; expect buyer for Jet by May 31: SBI chief

Consortium of lenders led by the SBI Monday agreed to put in Rs 1,500 crore immediate funding by acquiring 51 percent stake in the company through issue of Rs 11.4 crore fresh shares.

Mar 26, 2019, 10:44 AM IST

Naresh Goyal writes emotional letter to employees, says there's light at the end of the tunnel

Goyal has resigned from the chairmanship of the 25-year-old airline.

Mar 26, 2019, 10:37 AM IST

Jet staff wants representation in new management, writes to SBI chief

The resolution also involves the banks extending an emergency funding of Rs 1,500 crore to the airline.

Mar 26, 2019, 10:36 AM IST

Vijay Mallya urges banks to take his money, save Jet Airways

Vijay Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.

Mar 26, 2019, 09:35 AM IST

Sad day for Indian aviation; wake up call for policymakers: SpiceJet chief on Jet

Naresh Goyal is the Founder and Chairman of Jet Airways, a full-service airline that has been flying for more than 25 years.

Mar 25, 2019, 17:41 PM IST

Jet Airways Chairman Naresh Goyal, wife Anita quit from board

Goyal who set up the company with his wife in 1993, would also cease to be the chairman.

Mar 25, 2019, 15:32 PM IST

Jet Airways founder Naresh Goyal to quit as chairman today: Report

The report also said that Jet`s lenders may invoke Goyal`s entire stake in the airline, and start looking for a new buyer in the coming weeks.

Mar 25, 2019, 10:31 AM IST

Goyal seeks Rs 750-cr lifeline from Etihad, warns delay may ground Jet Airways

The airline holds 49.9 percent stake in the loyalty programme, while the majority is with Etihad.

Mar 11, 2019, 18:09 PM IST

Jet Airways grounds two more aircraft, likely to impact 75 flights

Jet Airways informed that an additional two aircraft have been grounded due to non-payment of amounts.

Mar 01, 2019, 23:58 PM IST

Jet Airways founder Naresh Goyal agrees to step down as chairman: Source

Saddled with a billion dollars in debt, Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

Feb 28, 2019, 19:57 PM IST

Ready to infuse up to Rs 700 cr in Jet Airways subject to conditions, says Naresh Goyal

When shareholding of an entity in a listed company goes beyond a certain threshold, then the open offer requirement is triggered under Sebi's Takeover Code.

Jan 17, 2019, 13:26 PM IST