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Naresh Goyal

HC dismisses Jet Airways founder Naresh Goyal's plea against 'illegal' arrest by ED

HC dismisses Jet Airways founder Naresh Goyal's plea against 'illegal' arrest by ED

Tue, Nov 07, 2023

In his plea, Goyal claimed his arrest was illegal as it was done without following provisions of the Prevention of Money Laundering Act (PMLA).

Jet Airways founder Naresh Goyal sent to judicial custody for 14 days

Jet Airways founder Naresh Goyal sent to judicial custody for 14 days

Thu, Sep 14, 2023

The court in Mumbai said on Thursday that Jet Airways founder Naresh Goyal would remain in judicial custody till September 28.

ED arrested Jet Airways owner Naresh Goyal in a money laundering case

ED arrested Jet Airways owner Naresh Goyal in a money laundering case

Sat, Sep 02, 2023

ED arrested Jet Airways owner Naresh Goyal in a money laundering case.

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Finally, Jet Airways chief Naresh Goyal quits

Finally, Jet Airways chief Naresh Goyal quits

Mon, Mar 25, 2019

Jet Airways' Chairman Naresh Goyal and his wife stepped down from the airliner's board on Monday. This comes in wake of the financial crisis at Jet Airways that saw its flights reduced drastically in an attempt to stay afloat. From Tatas to Etihad, those corporates interested in buying Jet Airways had been insisting that they would not step in to save the airliner till Naresh Goyal quit. Goyal's exit should pave the way for a return to stability, if everything works out well for lenders, employees and the new buyers.

Naresh Goyal, wife Anita step down from board of cash-strapped Jet Airways

Naresh Goyal, wife Anita step down from board of cash-strapped Jet Airways

Mon, Mar 25, 2019

Jet Airways founder and Chairman Naresh Goyal and his wife Anita Goyal have decided to step down from the airline's board, according to Regulatory filing with SEBI today. The duo took this decision as the cash-strapped Indian carrier closes in on a rescue deal led by state-run banks.

18% rise! Is it Naresh Goyal's resignation impact on Jet Airways stock?

18% rise! Is it Naresh Goyal's resignation impact on Jet Airways stock?

Mon, Mar 25, 2019

Overall growth on Monday’s trading session was nearly 18% at Jet’s front, as the company touched an intraday high of Rs 266 per piece on the same index.

Jet Airways Chairman Naresh Goyal steps down, halves stake

Jet Airways Chairman Naresh Goyal steps down, halves stake

Mon, Mar 25, 2019

Jet Airways` Chairman Naresh Goyal and his wife will step down from the airline`s board, Indian television news channels reported on Monday, as the cash-strapped Indian carrier closes in on a rescue deal led by state-run banks.

Jet Board meets on interim funding, Naresh Goyal's future role

Jet Board meets on interim funding, Naresh Goyal's future role

Mon, Mar 25, 2019

The pilots, along with engineers and other highly critical segments of employees, have not been paid salaries from January 1, and have received only 12.5 per cent of their December pay.

Will not fly if no clarity on Jet Airways' future: Pilots

Will not fly if no clarity on Jet Airways' future: Pilots

Wed, Mar 20, 2019

Jet Airways pilots` union on Tuesday decided to refrain from operating flights if they are not given complete clarity on the company`s resolution plan and future by March 31.

What Jet Airways Chairman Naresh Goyal wrote to staff over non-payment of salaries

What Jet Airways Chairman Naresh Goyal wrote to staff over non-payment of salaries

Tue, Mar 19, 2019

With the clouds of uncertainty darkening over the survival of his 25-year-old airline, Jet Airways chairman Naresh Goyal Monday sought to reassure the 16,000-strong staff of the efforts to restore the "much needed stability" in its operations at the earliest.

Naresh Goyal, Etihad close to Jet resolution plan

Naresh Goyal, Etihad close to Jet resolution plan

Mon, Mar 18, 2019

Jet Airways and Etihad have agreed upon an interim financing plan, according to which Etihad will put in Rs 750 cr, and a matching amount will be provided by the Jet lenders

Jet Airways' outgoing Chairman Naresh Goyal seeks immediate funding from Etihad

Jet Airways' outgoing Chairman Naresh Goyal seeks immediate funding from Etihad

Tue, Mar 12, 2019

Cash-strapped Jet Airways` outgoing Chairman Naresh Goyal has sought an immediate funding of Rs 750 crore from the equity partner Etihad Airways.

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

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

Mon, Mar 11, 2019

On February 14, the airline's board had approved a debt recast plan whereby the lenders would become the largest shareholders in the airline by converting the debt into equity at a nominal price of Re 1.

Jet Airways founder Naresh Goyal urges employees to bear with him in difficult situation

Jet Airways founder Naresh Goyal urges employees to bear with him in difficult situation

Fri, Mar 01, 2019

His letter came a day after reports emerged that he has agreed to step down from the chairmanship of the loss-making carrier, in which lenders have now become the largest shareholders.

Tough times for Jet Airways: No help from Naresh Goyal, Etihad Airways; lenders only hope left even as stock rises

Tough times for Jet Airways: No help from Naresh Goyal, Etihad Airways; lenders only hope left even as stock rises

Fri, Mar 01, 2019

Shockingly, investors faith has been restored due to buzz, that the airline’s man-in-charge Naresh Goyal has agreed to step down from the board.

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

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

Thu, Feb 28, 2019

The move comes a day after an urgent meeting of lenders with Goyal and Etihad Airways Chief Executive Officer Tony Douglas to resolve various issues between the two promoters as well as lenders and Etihad.

Kingfisher Airlines escaped, Jet Airways trapped! The cost of defaulting is Re 1

Kingfisher Airlines escaped, Jet Airways trapped! The cost of defaulting is Re 1

Thu, Feb 21, 2019

Fate of Jet Airways is similar like Kingfisher ones, when it comes to repaying debt. But interestingly, Kingfisher still escaped the new method of repaying debt.

Who will be Jet Airways new owner? Naresh Goyal's airline slipping away from his grasp

Who will be Jet Airways new owner? Naresh Goyal's airline slipping away from his grasp

Fri, Feb 15, 2019

Jet Airways Board considered and approved a bank led Provisional Resolution Plan (BLPRP). The BLPRP proposes restructuring in order to meet a funding gap of nearly Rs 8500 crore, which is to be met by an appropriate mix of equity infusion, debt restructuring, sale/sale and lease back/refinancing of aircraft, among other things.

Jet Airways debt issue: Naresh Goyal in talks with SBI on resolution plan; shares do U-turn, rise over 5%

Jet Airways debt issue: Naresh Goyal in talks with SBI on resolution plan; shares do U-turn, rise over 5%

Thu, Jan 17, 2019

Jet Airways also clarified in regards to stock jump, saying, "unable to comment on the reasons for the increase in its stock price on stock exchanges."

Jet Airways battle to stay in the air! Shares drop 10%, airline breaks silence on speculations

Jet Airways battle to stay in the air! Shares drop 10%, airline breaks silence on speculations

Wed, Jan 16, 2019

Jet Airways have known the corners of India through air since 1993, but who would have expected the airline to suffer through such a cash crunch despite fleet orders stored in line.

Jet Airways chief Naresh Goyal gets big relief?

Jet Airways chief Naresh Goyal gets big relief?

Tue, Jan 15, 2019

Shares in India`s Jet Airways jumped over 18 percent on Monday after CNBC TV18 reported earlier on Monday that founder and chairman Naresh Goyal was likely to step down from the board and give up majority control. The report also said that Etihad may infuse more capital into Jet.

Jet Airways Chairman Naresh Goyal writes letter to employees, asks to ignore media reports

Jet Airways Chairman Naresh Goyal writes letter to employees, asks to ignore media reports

Fri, Dec 28, 2018

This segment of Zee Business brings to you latest updates. Jet Airways Chairman Naresh Goyal has written a letter to employees and asked to have trust in management and to ignore media reports. Watch this video to know more.

Jet Airways board holds unscheduled meeting to discuss Fundraising

Jet Airways board holds unscheduled meeting to discuss Fundraising

Fri, Dec 21, 2018

In the red for three consecutive quarters, Jet Airways has been gasping for funds to keep the airline afloat amid liquidity crunch.

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