Search Results for: Piyush Goyal

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Naresh Goyal to cede Jet Airways control as bailout plan explores more Etihad stake

The SBI-approved proposal seeks lenders to recast the private airline's debt and increase foreign partner's equity participation.

Jan 15, 2019

Qatar Airways Group Chief Executive Officer Akbar Al Baker

Bad news for Jet: Qatar Airways won't invest in 'enemy-controlled' company

Both Etihad and Qatar Airways are promoted by cash rich Gulf Arab emirates, though Qatar Airways swung to losses last year after Qatar was placed under a blockade by neighbouring countries.

Jan 15, 2019

Jet Airways may return to negotiating table with Tata Group

Talks with foreign partner Etihad have remained inconclusive over cash infusion requirement after 'preliminary' contacts with the Indian conglomerate.

Jan 11, 2019

Naresh Goyal's exit can alone save Jet Airways from becoming another Kingfisher?

The report says SBI could possibly convert its debt to equity in Jet Airways when the Rs 8,000 crore debt is recast.

Jan 9, 2019

Jet Airways, bankers to meet airline's vendors, lessors to discuss debt plan

The airline, part-owned by Etihad Airways, was in talks with the Abu Dhabi-based carrier to infuse more equity, but any money would be conditional on Jet's founder Naresh Goyal ceding control.

Jan 5, 2019

Debt-laden Jet Airways defaults on loan repayment

Earlier in the week the company's shares saw a spurt after reports said the management was in talks with the State Bank of India for a Rs 1,500 crore interim loan.

Jan 2, 2019

jet airways, jet indian pilots, jet expat pilots, jet airways share price, National Aviator's Guild

Jet Airways shares scramble on reports that Etihad would offer loan guarantee

Jet Airways, once a success story in Indian aviation, has been alternating between attempts to raise cash in the market and find a new buyer.

Dec 31, 2018

Gujarat: 10 members of family killed as car gets crushed between two trucks

The incident occurred on the Bhachau highway in the evening, when a trailer truck carrying salt jumped over the divider and onto another lane, where it collided with an SUV carrying 11 people.

Dec 31, 2018

Navy divers join firefighters, mining experts at Meghalaya mining site

The district administration has temporarily suspended pumping of water from the coal pit since December 24 with the two 25 horsepower pumps became ineffective due to continuous operations.

Dec 29, 2018

Cash-strapped Jet Airways looks to raise up to $150 million

It has now been a while since Etihad has been approached by Jet Airways chairman Naresh Goyal to put in fresh equity. However, Etihad has made some conditions that are not acceptable to Jet Airways.

Dec 23, 2018

Sohrabuddin case: CBI judge acquits all 22 accused in his final verdict

All the accused, who were mostly police officials from Gujarat and Rajasthan, were out on bail during the years-long trial.

Dec 22, 2018

IPL 2019: Will Varun CV and Shivam Dube start? Here's the predicted XI of each team post auction

With the auction wrapped up, every franchise now knows their players and will be pondering over their combination. Here's taking a look at the possible starting XI of the 8 teams.

Dec 19, 2018

IPL 2019 auction: Complete list of players bought by each team

While Kings XI Punjab were the most active team in the auctions, Delhi Capitals were tactical in their buys. There were unknown players who bagged million-dollar contracts and there were big names who were not picked up.

Dec 19, 2018

An aircraft of India's Jet Airways lands

More trouble for Jet Airways as Nikos Kardassis, tasked to turn around carrier, leaves

Nikos Kardassis had joined Jet for the third time in May 2018, after owner Naresh Goyal brought him back hoping that he would help turnaround the troubled airline. However, Kardassis had gone to his home country on leave in November, and did not return.

Dec 17, 2018

Jet Airways' survival may rest on founder Naresh Goyal leaving the cockpit

Goyal's penchant for control has emerged as a major obstacle as the indebted airline tries to negotiate a rescue deal.

Dec 14, 2018

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