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Naresh Goyal

Government asks banks to save Jet Airways, avoid bankruptcy

Infrastructure

19 March, 2019

Government asks banks to save Jet Airways, avoid bankruptcy

India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister ......

Crisis-hit Jet Airways' lenders may finalise resolution plan next week

Finance

15 March, 2019

Crisis-hit Jet Airways' lenders may finalise resolution plan next week

A resolution plan for crisis-hit carrier Jet Airways may be finalised in a week’s time, a senior State Bank of ......

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Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Infrastructure

04 March, 2019

Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Strange, yet interesting. That pretty much sums up India’s aviation sector at the moment. Even as dozens of new airports are ......

Naresh Goyal willing to step down as Jet Airways chairman: Report

Infrastructure

28 February, 2019

Naresh Goyal willing to step down as Jet Airways chairman: Report

Jet Airways' founder Naresh Goyal has agreed to step down as chairman of the airline's board, a source with direct ......

Jet Airways approves lenders' rescue deal to plug $1.2 bn funding gap

Infrastructure

14 February, 2019

Jet Airways approves lenders' rescue deal to plug $1.2 bn funding gap

The board of Jet Airways Ltd has approved a plan by its lenders to resolve a near 85 billion rupee ......

Etihad plans to raise stake in cash-strapped Jet Airways

Infrastructure

15 January, 2019

Etihad plans to raise stake in cash-strapped Jet Airways

Etihad Airways plans to hike its stake in debt-laden Jet Airways, a person close to the Abu Dhabi carrier told ......

Berkshire may bet big on Kotak Bank; Jet in talks with NRI billionaire for funding

General

07 December, 2018

Berkshire may bet big on Kotak Bank; Jet in talks with NRI billionaire for funding

Kotak Mahindra Bank’s shares rose the most in nearly nine years on Friday following a CNBC-TV18 report that Berkshire Hathaway ......

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Will govt's bid to privatise airports attract investors?

Infrastructure

27 November, 2018

Will govt's bid to privatise airports attract investors?

In September, civil aviation minister Suresh Prabhu said India plans to construct 100 new airports at a cost of Rs ......

Naresh Goyal sells 7.9% in Jet Airways for $34M

Infrastructure

21 November, 2013

Naresh Goyal sells 7.9% in Jet Airways for $34M

Jet Airways promoter and chairman Naresh Goyal has sold around 7.9 per cent of his 75 per cent holding in ......

Naresh Goyal buys 29% stake in Jet Airways from overseas entity for $257M

Infrastructure

30 May, 2013

Naresh Goyal buys 29% stake in Jet Airways from overseas entity for $257M

Jet Airways chairman Naresh Goyal has transferred around 29 per cent stake in the country’s second-largest carrier from another overseas ......