BREAKING NEWS
K’taka irrigation issues: CM urges Deve Gowda to come forward to protect state’s interest
IPL 2025 schedule announced: Opening match between KKR and RCB on March 22
L.R. Shivarame Gowda and Brijesh Kalappa rejoin Congress
Champions Trophy: Arshdeep with more variations likely starter ahead of Harshit
Vamanjoor Thiruvailuguttu Jodukare Kambala concludes: Here are the results
Illegal hoarding of Anna Bhagya rice: Authorities seize 1,503 kg in raid
Mangaluru CCB cracks down on gambling dens; 20 arrested
Man convicted for harassing minor, sentenced to five years in prison
Overwhelming response to ‘Namma Sante’ at Manipal KMC Greens
Congress Dalit Convention under discussion, says Minister Dinesh Gundu Rao
Mobile explosion destroys house in Karkala
People feared dead after stampede-like situation at New Delhi railway station: Officials
Ashwin slams superstar culture in Indian cricket, says ”we must normalise things”
Fire engulfs seven tents in Maha Kumbh
ED seizes ‘biggest’ crypto fund worth Rs 1,646 crore in PMLA case
Amid reports of Jet Airways temporary shut down, Goyal out from bidding
PTI, Apr 16, 2019, 1:43 PM IST
Mumbai: Jet Airways founder Naresh Goyal has decided not to bid for acquiring stake in the cash-strapped airline, sources said Tuesday. The full service carrier, which is currently operating less than 10 aircraft, is awaiting fresh fund infusion under a debt resolution plan.
Airline sources said Goyal, who had stepped down as chairman of the carrier last month, has withdrawn the bid for the airline. On April 12, sources said that Goyal had also put in bid for the carrier.
SBI Capital Markets has the mandate for Jet Airways’ sale on behalf of the SBI-led consortium of the domestic lenders to the debt-ridden private carrier. Last month, Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Reliance Consumer Products Limited Acquires Velvette
Gold zooms past record Rs 89k-mark, silver rallies Rs 2,000 to 4-month high
Wholesale price inflation eases to 2.31pc in Jan
Karnataka signs MoUs worth Rs 2,220 cr on day two of GIM 2025
Celebrating Valentine’s Day: Airlines come up with rate discount, special menu
MUST WATCH
Latest Additions
K’taka irrigation issues: CM urges Deve Gowda to come forward to protect state’s interest
Two held in Rs 850 crore ponzi scheme case: Cyberabad Police
Delhi stampede: Opposition blames govt for ‘gross mismanagement’, demands Vaishnaw’s resignation
Passengers got confused between ‘Prayagraj Express, Prayagraj Special’, causing stampede: Sources
2nd US flight in Amritsar, many deportees complain being shackled; third plane on Sunday night
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.