Wednesday, 29 June, 2022
TopicNaresh Goyal

Topic: Naresh Goyal

Naresh Goyal, the former ticketing agent who became Indian aviation mogul, crash lands

The resignation of Naresh Goyal as chairman of Jet Airways removes an obstacle for creditors, who are seeking to overhaul & salvage the airline.

Jet Airways chairman Naresh Goyal and his wife Anita step down from airline’s board

The board of Jet Airways met in Mumbai to decide on ways to procure interim funding for the troubled airlines.

A bailout for Jet Airways will fill Indian skies with zombie airlines

Air India is the original zombie, infected by a govt bailout. If Jet is bailed out, then the next firm will need one too & the infection will spread.

SBI could take 15% equity stake in Jet Airways

Burdened by debt, Jet Airways is looking to convert part of its loans to equity as it struggles to stay afloat in a highly competitive market

Jet Air said to weigh a restart of bailout talks with Tata Group

Tata said in November that it held “ preliminary” talks with Jet Airways though no proposal was made.

On Camera

YourTurn

Representational image | File photo of a teacher at a school | ANI

MP para teachers scheme showed India struggled with contract service. Apply that to Agnipath

Agnipath is a continuation of the casualisation of frontline workers in civil bureaucracy—a trend that began in MP in 1996. It didn't turn out too well.
An employee works at Mahindra & Mahindra Ltd. facility in Chakan, Maharashtra | Bloomberg file photo

Bigger cars, smaller chips — Why Mahindra is worried about increased wait time

A major focus for Mahindra will be defending its market share in the large-format SUV segment from Tata Motors and Hyundai Motor.

Defence

The Indian Air Force logo | Commons

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

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.

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

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.
×