Wednesday, 29 June, 2022
TopicNaresh Goyal

Topic: Naresh Goyal

Jet Airways employees write to President, PM seeking help in getting their salaries

PTI -
In separate letters, Jet Airways employees requested help in getting the outstanding salaries cleared and urged that the process of funding the airline be expedited.

Jet Airways lenders explore ways to utilise planes, protect other assets

PTI -
Sources said lenders were actively considering proposals, including from Air India, for utilising about 15 planes owned by Jet Airways.

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

P. R. Sanjai -
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%.

Two grounded airlines in a decade calls India boom into question

P. R. Sanjai -
Jet Airways became the second local carrier to ground its entire fleet after Kingfisher Airlines suspended its operations in 2012

‘Airline karma’: Vijay Mallya expresses solidarity with Jet Airways, criticises govt

PTI -
Kingfisher Airlines' Vijay Mallya criticised the govt for discriminating against PSUs, and reiterated he would pay back 100% of his debt.

What Jet Airways’ near-collapse says about India

Mihir Sharma -
India faces the very real possibility that sometime in the future, there won’t be a single full-service airline flying domestically.

Jet Airways founder Naresh Goyal withdraws from bidding for stake in company

PTI -
Jet Airways suspended all international flights last week and is awaiting fresh fund infusion with a debt-resolution plan.

Jet Airways has less than 15 operational aircraft, says aviation secretary

PTI -
Over the last few weeks, Jet Airways has been grounding its fleet in tranches due to non-payment of dues.

Troubled Jet Airways fails to repay $109 million loan to HSBC Bank

Saloni Shukla -
The collapse of Jet Airways could put about 23,000 jobs at risk and dent Prime Minister Narendra Modi’s image ahead of his re-election bid.

No sacrifice too big for me to safeguard Jet Airways’ interest: Naresh Goyal

PTI -
Goyal, who has been the chairman of Jet Airways since 1992, has stepped down along with his wife Anita from the airlines' board.
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Economy

File photo of Isha Ambani, daughter of billionaire Mukesh Ambani | Bloomberg

Mukesh Ambani’s daughter Isha Ambani to be named chair of Reliance retail

P. R. Sanjai -
Isha Ambani, the current director of Reliance Retail Ventures Ltd., is expected to be announced as the chair as early as Wednesday.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

Raghav Bikhchandani -
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

National Interest

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Shekhar Gupta -
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.

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