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Saturday, April 27, 2024
TopicJet Airways

Topic: Jet Airways

‘Lost every hope of life, better to die in jail’: Jet Airways founder Naresh Goyal tells court

The septuagenarian, who turned teary-eyed, submitted that he misses his wife Anita very badly and said she is in the advanced stage of cancer, according to court records.

ED attaches Jet Airways properties worth Rs 538 cr, 17 flats & bungalows included

Airline founder Naresh Goyal was arrested on 1 September under PMLA Act, accused of siphoning off money abroad.

Jalan Kalrock Consortium infuses $42.14 million to revive Jet Airways

The consortium aims to re-establish the airline's operations from next year and further announcements regarding the launch date of Jet Airways will be made in the coming weeks.

‘Diversion, siphoning off Rs 538 cr’ — CBI & ED probes against Jet Airways founder Naresh Goyal, others

Investigations are based on complaint that Goyal & others caused wrongful loss to Canara Bank. ED, probing money laundering case, arrested Goyal Friday.

ED arrests Jet Airways founder Naresh Goyal in Rs 538 crore money laundering case

FIR was lodged on Canara Bank’s complaint alleging that it sanctioned credit limits and loans to Jet Airways (India) Ltd to tune of Rs 848.86 cr of which Rs 538.62 cr is outstanding.

‘Misappropriation of funds’ — CBI raids Jet Airways office, Naresh Goyal’s home in Rs 538-cr bank fraud case

FIR lodged on complaint by Canara Bank chief general manager names founder Naresh Goyal, his wife Anita, Gaurang Ananda Shetty, Jet Airways, and refers to unknown public servants.

Airbus emerges as front runner to win Jet Airways’ order worth $5.5 billion

Once India’s top private airline, Jet Airways is returning to the skies. The company is trying to acquire A320neo jets and A220 planes from Airbus SE, Boeing Co. and Embraer SA.

Aviation regulator DGCA grants Jet Airways certificate to resume commercial flight operations

With DGCA officials on board, Jet Airways successfully operated five proving flights on 15 & 17 May. The airline intends to restart commercial flight operations in the July-September quarter.

Jet Airways coming back with hybrid of premium and no-frills services model

The airline is set return to the skies that are expected to get more crowded and competitive as billionaire Rakesh Jhunjhunwala-owned Akasa Air gears up to fly later this year.

Jet Airways in talks with Boeing, Airbus for 100 aircraft in revival bid

The winning bidders for Jet Airways plan to start flights in the first three months of next year. The potential revival will be the first for any airline under India’s bankruptcy laws.

On Camera

Indira, Manmohan, Modi, all raised income inequality. Until Hindu fears took the driving seat

The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.