New Delhi: Embattled liquor baron Vijay Mallya has once again attacked the government for discriminating between public sector and private airlines while extending solidarity with crisis-hit Jet Airways and its founder Naresh Goyal. In a series of tweets, Mallya said he was sorry that so many airlines had bitten the dust in the country. “Even […]
Tag: Naresh Goyal
Naresh Goyal pulls out of race for Jet Airways
New Delhi: Naresh Goyal may not be able to re-board Jet Airways with some of the prospective investors objecting to his entry, informed sources said on Tuesday. In view of the opposition from other bidders, Goyal is said to have withdrawn from the race. According to the industry sources, Etihad and TPG Capital could consider […]
Naresh Goyal could still aspire to bid for Jet Airways
New Delhi: The erstwhile promoter of Jet Airways Naresh Goyal may still have the option to return to the airline he founded 26 years back since the lead banker of the lenders’ consortium SBI has left the door open for any investor, including Goyal. As the bank gets down to drawing up the Expression of […]
Jet’s backdoor nationalisation as state-run banks step in
New Delhi: Jet Airways promoter Naresh Goyal and his wife on Monday announced their decision to step down from the board of the airline he had founded 25 years ago under pressure from lenders who are being seen as rescuers of an asset that nearly went bust but for the government’s intervention. Experts say the […]
Jet Airways’ founder Naresh Goyal resigns
Mumbai:Jet Airways promoter and founder Naresh Goyal on Monday resigned from the company’s board. The resignation followed the airline board’s meeting in Mumbai on the day to decide on ways to procure interim funding as well as the future role of Goyal. Sources said Goyal tendered his resignation at the emergency board meeting. “The main […]
Jet Airways stocks jump 12% on news of Goyal’s exit
Mumbai: Jet Airways stocks jumped 12 per cent on Monday afternoon following reports that Naresh Goyal has quit the company’s board.