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16 Feb 2024

PMLA Case: Jet Airways Founder Naresh Goyal Seeks Interim Bail To Treat Cancer

Last month, special judge for cases under the Prevention of Money Laundering Act (PMLA) M G Deshpande had allowed Goyal (74) to undergo medical tests by private doctors.

08 Jan 2024

Jet Airways Founder Naresh Goyal Cries In Court, Says 'Wants To Die In Jail'

Goyal, nabbed on September 1, 2023 in connection with a money-laundering case, is currently in judicial custody and lodged at the Arthur Road Central Jail (ARCJ), as his bail plea is pending.

01 Nov 2023

ED Attaches Jet Airways' Properties Worth Rs 538 Cr In Money Laundering Case

This action is part of an ongoing money laundering investigation involving M/s Jet Airways (India) Limited (JIL), which ceased to its operations in April 2019 after 26 years of service due to financial troubles.

jet airways founder arrested

02 Sep 2023

Jet Airways founder Naresh Goyal to appear before Court today in Money Laundering Case

ED Arrests Naresh Goyal: Taking major action on Friday night, ED arrested Jet Airways founder Naresh Goyal in a bank fraud case. On the complaint of Canara Bank management, CBI had registered a case of bank fraud of Rs 538 crore against Naresh Goyal. After this, the agency had also raided many places of Naresh Goyal in the month of May.

02 Sep 2023

Naresh Goyal, Jet Airways Founder, Arrested By ED In Bank Fraud Case

The case is based on an FIR registered by the Central Bureau of Investigation (CBI) earlier in May this year.

21 Aug 2023

From Earning 300 A Month To Becoming One Of The Richest Who Grounded Quickly

Naresh Goyal founded Jet Airways in 1993. Under his leadership, the airline gained a reputation for its high-quality service and efficient operations. Jet Airways quickly expanded its domestic and international routes, becoming one of India's premier airlines.

05 Mar 2020

ED books Naresh Goyal in fresh case of money laundering

The Enforcement Directorate (ED) has raided the house of former chairman of the grounded Jet Airways, Naresh Goyal, and registered a fresh case of money laundering against him.

23 Aug 2019

ED raids Jet founder Naresh Goyal's residence over alleged money laundering

Meanwhile, Delhi High Court today allowed Goyal's plea to be allowed to travel abroad.

23 Aug 2019

High Court allows Jet Airways founder Naresh Goyal to travel abroad

On May 25, Goyal and his wife Anita Goyal were stopped from leaving the country by immigration authorities at Mumbai airport.

09 Jul 2019

Delhi HC refuses to quash Look out Circular against Jet promoter Naresh Goyal

Naresh Goyal had moved High Court seeking direction to quash the LOC issued against him. He also sought the quashing of certain office memoranda issued against him.

04 Jul 2019

Government orders probe into alleged mismanagement of funds by Jet Airways

The Ministry of Corporate Affairs has ordered Serious Fraud Investigation Office (SFIO) to carry out the investigation, a government order seen by Reuters showed.

25 May 2019

Jet Airways founder Naresh Goyal, wife denied permission to travel abroad

The Emirates aircraft had reached the taxiway when it was recalled and the duo detained.

16 Apr 2019

Jet Airways likely to cancel all flights temporarily

The carrier, which has more than Rs 8,000 crore debt, is currently operating less than 10 aircraft.

13 Apr 2019

Naresh Goyal bids for Jet Airways

According to the sources, Naresh Goyal, the former promoter of Jet Airways, has placed a bid for the cash-starved airline, Jet Airways. Watch full video to know more.

29 Mar 2019

Jet Airways delays ECB repayment amid liquidity crunch

This is at least the fourth time that the airline has defaulted on debt repayment in recent months.

27 Mar 2019

Former SBI chairman AK Purwar likely to be the new Jet chairman: Sources

The Jet Airways board is expected to meet soon and make announcements regarding the new changes after an interim management is being formed after founder Naresh Goyal along with his wife stepped down from the Airline's board.

26 Mar 2019

Goyal has option to raise stake; expect buyer for Jet by May 31: SBI chief

Consortium of lenders led by the SBI Monday agreed to put in Rs 1,500 crore immediate funding by acquiring 51 percent stake in the company through issue of Rs 11.4 crore fresh shares.

Jet interim management

26 Mar 2019

Naresh Goyal says there's light at the end of tunnel in letter to employees

Goyal has resigned from the chairmanship of the 25-year-old airline.

26 Mar 2019

Jet staff wants representation in new management, writes to SBI chief

The resolution also involves the banks extending an emergency funding of Rs 1,500 crore to the airline.

26 Mar 2019

Vijay Mallya urges banks to take his money, save Jet Airways

Vijay Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.

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