ED attaches properties of Jet Airways, Naresh Goyal family in money laundering case
Goyal has been in ED custody since September 1 under the Prevention of Money Laundering Act and is currently lodged in Mumbai's Arthur Road jail.
Goyal has been in ED custody since September 1 under the Prevention of Money Laundering Act and is currently lodged in Mumbai's Arthur Road jail.
Jet Airways founder Naresh Goyal has been sent to 10 days of Enforcement Directorate custody by a special PMLA court…
Naresh Goyal, the founder of Jet Airways, was arrrested by the Enforcement Directorate (ED) on Friday night in connection with…
The Jalan-Kalrock Consortium, which is the resolution applicant for the cash-strapped Jet Airways, has successfully secured the renewal of the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA).
The Central Bureau of Investigation (CBI) registered an FIR against the Chairman of Jet Airways, his wife and others on Friday in an alleged bank fraud of Rs 538 crore.
Jet Airways Employees Consortium has joined hands with AdiGroup to bid for 75% in the airline.
The state-run State Bank of India (SBI)-led consortium of lenders to Jet Airways said on Monday that it had decided to "seek resolution under the Insolvency and Bankruptcy Code (IBC) as only a conditional bid was received and requirement of the investor for SEBI exemptions and resolution of all creditors is possible under IBC"
On the National Stock Exchange, shares zoomed 19 per cent to Rs 39.40 after dropping to an all-time low of Rs 26.55 during the morning trade.
"Market will be careful during the ongoing (US) Fed meeting which is expected to provide dovish."
The crisis-hit airline shares have lost over half of the value.
