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‘Pause before you punch’: Anand Mahindra tells Sanjiv Kapoor on Mumbai vs Dubai
Anand Mahindra responded to Sanjiv Kapoor's post in which the latter had called out the industrialist over his remarks on a Dubai flood video.
Updated on Apr 18, 2024 04:05 PM IST
NCLAT upholds transfer of ownership of Jet Airways to Jalan Kalrock Consortium
NCLAT had already permitted the transfer of ownership to JKC in January last year.
Updated on Mar 12, 2024 02:40 PM IST
Naresh Goyal denied medical bail, allowed treatment at hospital of choice
Jet Airways founder Naresh Goyal's plea for interim medical bail due to cancer denied by PMLA court, allowed treatment at Tata Memorial Hospital for 2 months.
Updated on Mar 01, 2024 04:29 AM IST
Jet Airways' Naresh Goyal says his medical test revealed ‘slow growing cancer’
Jet Airways founder Naresh Goyal, who was arrested in September, told the court that the cancer was detected during tests conducted by his private doctors.
Updated on Feb 16, 2024 08:28 AM IST
PMLA court allows Naresh Goyal to undergo further medical tests
Hearing the request of the 74-year-old Goyal, special judge MG Deshpande said, on Wednesday, “I am of the opinion that even medical opinion is not required considering the old age of the accused as he is 74 years old, facing multiple health issues and trembling due to continuous body tremors”
Updated on Jan 18, 2024 07:18 AM IST
I am living with unbearable pain, a weeping Goyal tells court
Goyal, who is currently lodged in Mumbai’s Arthur Road jail in connection with a purported bank loan fraud of ₹538 crore, wanted to personally inform the court about his precarious health condition. He was allowed to make a submission after his lawyers argued his bail plea partially
Published on Jan 07, 2024 05:51 PM IST
‘No hope, better if I die in…’: Jet Airways' Naresh Goyal breaks down in court
Naresh Goyal was arrested in September by the Enforcement Directorate (ED) last year in an alleged fraud of ₹538 crore at the Canara Bank.
Updated on Jan 07, 2024 09:39 AM IST
HC dismisses Naresh Goyal’s plea against arrest by ED in ₹538-crore fraud case
The Bombay High Court dismissed a petition by former Jet Airways promoter Naresh Goyal, who sought release from jail after being arrested by the Enforcement Directorate in connection with a bank fraud case. The court stated that the grounds of arrest were furnished to Goyal in writing and that he had not challenged any of the remand orders. Goyal was arrested on 1 September for his alleged involvement in a ₹538 crore loan fraud at Canara Bank.
Updated on Nov 08, 2023 09:48 AM IST
HT Correspondent, Mumbai
Jet Airways’ related firm paid ₹20 crore to buy SoBO flats for Goyal family: ED
Jet Airways founder Naresh Goyal and his family used INR 20 crore ($2.7m) borrowed from the airline to buy four flats in Mumbai, according to India's Enforcement Directorate. The sum was diverted from a related entity of Jet Airways, which had borrowed INR 538.62 crore from Canara Bank. The ED has filed charges against Goyal, his wife, and four firms as part of its investigation into the INR 538.62 crore fraud case. Goyal was arrested in September.
Updated on Nov 03, 2023 07:56 AM IST
Abhishek Sharan, Mumbai
ED attaches assets worth ₹538 cr of Naresh Goyal, Jet Airways
The money laundering probe is based on a Central Bureau of Investigation (CBI) case into an alleged bank fraud where it has been alleged that JIL and its promoter and directors cheated banks, which resulted in a massive NPA (non-performing asset) of Rs.538.62 crore
Published on Nov 01, 2023 06:32 PM IST
ED attaches Jet Airways, Naresh Goyal family's assets worth ₹538 crore
The attached properties include 17 residential flats/bungalows and commercial premises in the name of various companies and persons.
Updated on Nov 01, 2023 04:50 PM IST
Goyal used proceeds of crime for personal gain: ED chargesheet
ED’s money-laundering case is based upon an FIR registered by the Central Bureau of Investigation (CBI) in May this year against Jet Airways (India), Goyal, his wife Anita and former company executive Gaurang Ananda Shetty and unknown public servants and private persons in connection with the alleged fraud at Canara Bank
Updated on Nov 01, 2023 07:14 AM IST
The comeback kid: What it’s like to return to the world of work after 17 years
See how Anna Assisi, 49, navigated new technology, terminology and work cultures. It wasn’t easy, but it wasn’t as hard as she’d expected, she says.
Updated on Oct 21, 2023 07:29 PM IST
₹538-crore loan fraud case: Jet Airways founder Naresh Goyal sent to Arthur Road jail
Goyal was produced before the special PMLA court on Thursday morning after his ED custody remand ended. On producing him before the special court, the agency sought his judicial custody and accordingly, the special court remanded him to judicial custody
Published on Sep 15, 2023 12:47 AM IST
PMLA court extends Naresh Goyal’s ED custody to Sept 14
The special PMLA court in Mumbai has extended the custody of Naresh Goyal, founder of Jet Airways, until September 14 in a money laundering case. Goyal has been accused of a ₹538 crore loan fraud. The Enforcement Directorate sought custody extension, stating that Goyal had created trusts abroad to purchase immovable properties overseas with money siphoned off from India. Goyal's lawyer argued that the loans were not money laundering and were taken during an economic crisis. Goyal also pleaded for medical attention and permission to speak to his ailing wife.
Updated on Sep 12, 2023 12:29 AM IST
PMLA court remands Naresh Goyal to ED custody till September 11
The ED’s case is based on a May 3 FIR registered by the Central Bureau of Investigation against Jet Airways (India) Limited (JIL) founder Goyal, his wife Anita, former company executive Gaurang Ananda Shetty and unknown public servants and private persons in connection with the alleged fraud at Canara Bank
Updated on Sep 03, 2023 12:21 AM IST
Naresh Goyal siphoned Jet Airways funds to family, tax havens: ED
ED also claimed that Naresh Goyal diverted funds by making advances to Jet Lite Limited, a unit of Jet Airways, worth ₹2,547 crore.
Updated on Sep 03, 2023 08:16 AM IST
Jet Airways founder Naresh Goyal sent to ED custody in bank fraud case
Jet Airways founder Naresh Goyal remanded in ED custody till September 11 over fraud case of ₹538 crore.
Published on Sep 02, 2023 06:17 PM IST
PTI |
ED arrests Jet Airways founder Naresh Goyal in bank fraud case
Goyal was brought to the city from Delhi by an ED team on Friday afternoon.
Updated on Sep 02, 2023 03:09 AM IST
Jet Airways' new promoter pumps in ₹100 crore for reviving grounded airline
Jalan-Kalrock Consortium had emerged as the winning bidder for the Jet Airways under the insolvency resolution process.
Published on Aug 31, 2023 10:45 PM IST
HT News Desk | Edited by Aryan Prakash
‘Evidence tainted with doubt’: Mumbai bizman Birju Salla walks out of Gujarat jail
The Gujarat high court delivered its order setting aside Birju Salla’s conviction after the Supreme Court, on a request by the businessman, set a two-month deadline for a ruling
Updated on Aug 09, 2023 04:05 PM IST
DGCA renews air operator certificate of Jet Airways: Consortium
The Jalan-Kalrock Consortium has obtained renewal for the air operator certificate for Jet Airways from the DGCA.
Updated on Jul 31, 2023 10:15 AM IST
ED raids Jet Airways ex-promoter Naresh Goyal in money laundering case
ED conducted raids and covered multiple cities including Delhi and Mumbai.
Published on Jul 19, 2023 10:27 PM IST
ANI | | Posted by Singh Rahul Sunilkumar
CBI books EPFO official, 14 others in bribery case
CBI books EPFO officer for accepting bribes from Jet Airways employees in exchange for processing their withdrawal claims. Wife also named in FIR.
Updated on Jul 14, 2023 12:52 AM IST
, Mumbai
Abhishek SharanFormer Jet Airways CEO Sanjiv Kapoor joins Saudia Group airlines
In April, Sanjiv Kapoor stepped down as CEO-designate of Jet Airways, exactly a year after his appointment.
Published on May 17, 2023 08:07 PM IST
Lingamgunta Nirmitha Rao | Edited by Aniruddha Dhar
Go First crisis to highest GST collection: Top five business news of the week
Here are this week's top business stories including the First Republic bank collapse, the Go First crisis and the highest ever monthly GST collection so far.
Published on May 07, 2023 08:27 PM IST
CBI searches Jet Airways office, residence of Naresh Goyal in bank fraud case
The searches were conducted after the CBI on Wednesday registered a case following receipt of a complaint from Canara Bank, alleging irregularities.
Updated on May 06, 2023 03:17 AM IST
CBI conducts search at Jet Airways office in alleged bank fraud case
The CBI searches were spread across residences and offices of Goyal, his wife Anita, and former airline director Gaurang Ananda Shetty.
Published on May 05, 2023 05:11 PM IST
PTI | | Posted by Sreelakshmi B
Jet Airways CEO-designate Sanjiv Kapoor resigns
Sanjiv Kapoor, the designated chief executive officer of Jet Airways, which has shut its operation in 2019, has resigned from the company.
Published on Apr 28, 2023 07:24 PM IST
HC pulls up SFIO for ‘endless probe’, allows Anita Goyal to travel abroad
The couple approached the HC seeking cancellation of the look out circulars (LOC) issued against them and were seeking permission to travel to Dubai to visit their son and family for a month.
Updated on Apr 19, 2023 12:28 AM IST