Friday, 7 October, 2022
TopicNaresh Goyal

Topic: Naresh Goyal

ED searches premises of Jet Airways founder Naresh Goyal

ED officials said the searches are being carried out at dozen premises in Mumbai and Delhi under FEMA provisions. Goyal is being investigated for financial irregularities.

Naresh Goyal faces the brunt for Nirav Modi, Vijay Mallya as Delhi High Court grounds him

The Delhi High Court cited India's ongoing efforts to brings back "some people sitting outside the country" to deny Jet Airways' founder Naresh Goyal's plea to travel abroad.

Banks killed Jet Airways with kindness

Jet Airways could have survived if banks had understood that Naresh Goyal would not be able to cover costs. They could've instead supplied working capital through an in-court bankruptcy process.

Jet Airways lenders to start bankruptcy proceedings after banks give up revival bid

The once largest private sector airline stopped flying on 17 April and unpaid lenders took away most of its 100-odd operational airplanes.

Former Jet Airways chief Naresh Goyal & wife deplaned minutes before London flight

The couple was on board Emirates Airways flight which was called back to the parking bay at the time of taxiing.

Jet Airways CEO Vinay Dube quits within hours of CFO leaving

A Jet Airways statement said the two executives -- Vinay Dube and Amit Agarwal -- were leaving the company with immediate effect.

Jet Airways CFO Amit Agarwal resigns, cites personal reasons

Amit Agarwal is the latest in a line of several top executives & board members who have quit the debt-laden Jet Airways, which stopped operations on April 17.

Wish Jet Airways reappears like a blazing sun, says founder-chairman Naresh Goyal

We pray that the joy of flying may once more bring cheer & solace to all of you and your dear families, said Goyal in a letter to his employees.

Lesson from Jet Airways crash – Save Indian capitalism from Indian capitalists

Business promoters have used a mix of personality cult & proximity to political power to terrorise the ultimate providers of outside capital.

On Camera

YourTurn

Jaishankar to embark on his 1st visit to New Zealand from Oct 5

G20 has 5 daunting challenges and India’s presidency can turn this crisis into opportunity

India should highlight its leadership in low-cost vaccine tech, effective health immunisation delivery, generic pharmaceutical manufacturing, and solar energy.
Falguni Nayar, Nykaa's founder & CEO, and Sima Ganwani Ved, Apparel Group's founder & chairwoman, pose for a picture during a strategic alliance announcement in Mumbai, on 6 October 2022 | Reuters

Nykaa forge ties with Dubai’s Apparel Group to expand business in Gulf countries

Falguni Nayar, the online retailer founder and CEO, said the two companies would together build a multi-brand beauty retail business with Nykaa holding a 55% stake of the entity.

Defence

Rescue operation underway after an army aviation Cheetah helicopter flying in the forward area near Tawang crashed during a routine sortie Wednesday | ANI

Multiple military & civilian chopper crashes in past years highlight a disturbing trend for India

An Indian Army Aviation Cheetah helicopter crashed Wednesday. Several such crashes over past few yrs have jolted the military. Non-military sphere, too, has encountered many crashes.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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