Jet Airways
Naresh Goyal to end control of Jet Airways, Etihad to raise stake to 49%
14 Jan 2019
While Naresh Goyal’s stake in Jet Airways will be brought down to around 20-25 per cent and his voting rights brought down to 10 per cent, Goyal's son Nivaan Goyal is likely to be included as non-executive director once a resolution plan is finalised, say reports
Jet Airways back on the table for stake sale talks with Tatas: report
11 Jan 2019
If Jet Airways, which has overdue debt and payments to staff, lessors and airports, fails to find an investor or financier, the airline could go the Kingfisher way
Jet Air lenders propose halving Goyal’s stake in $900m turnaround plan
09 Jan 2019
SBI has appointed Ernst and Young to conduct a forensic audit into Jet Airways' books from 1 April 2014, to 31 March 2018 and lenders will not release cash until they have the report on Jet Airways' business viability
Lenders ask Jet Air to submit revival plan by month-end
07 Jan 2019
Lenders are wary of taking Jet Airways to the National Company Law Tribunal for insolvency proceedings since they are not sure of the value of its assets, but expects partner Etihad Airways to buy more stake in the company
Jet Airways defaults on loan repayment to banks
02 Jan 2019
Naresh Goyal offers to sell controlling stake in Jet Airways: report
28 Nov 2018
Goyal is now convinced that no investor, not just Tata Group, would want to invest in Jet if Goyal retains control over the company
