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Thursday, April 30, 2026
TopicNaresh Goyal

Topic: Naresh Goyal

Jet Airways’ smooth takeoff, turbulence & crash landing. Key events leading to SC-ordered liquidation

SC set aside resolution plan for Jet Airways, founded by Naresh Goyal in 1992 shortly after India liberalised its economy. A look at timeline of events that led to its permanent grounding.

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.

‘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.

‘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.

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.

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.

Air fares spike, staff protest as grounded Jet Airways takes a toll

15-day advance fares have risen as much as 10% compared to last year, while three-day advance fare levels have shot up by 25-30%.

On Camera

New promo video by PLA Navy is a teaser of China’s deep blue capabilities

Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.