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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.

Sanjiv Kapoor (R) had responded to a post by Anand Mahindra (L) on Dubai flood.
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.

Jet airways Aircraft taxis for take off at Mumbai International Airport in Mumbai.
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.

Jet Airways founder Naresh Goyal in South Mumbai on Jan 13.(Raju Shinde/HT Photo)
Updated on Mar 01, 2024 04:29 AM IST
ByRutuja Gaidhani

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.

Jet Airways founder Naresh Goyal. (Raju Shinde/HT Photo)
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”

PMLA court one day allowed 74-year-old arrested Jet Airways (India) Ltd founder Naresh Goyal to meet his ailing and bedridden wife co-accused Anita Goyal on humanitarian grounds at their home in South Mumbai. (Raju Shinde/HT Photo)
Updated on Jan 18, 2024 07:18 AM IST
ByRutuja Gaidhani

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

Jet Airway Chairman Naresh Goyal with his wife Aneeta Goyal during the press conference at his residence. Jet Airways Ltd on Thursday its board had approved the acquisition of Air Sahara for $500 million. HT PHOTO BY MANOJ PATIL. 19/01/2006 (HT PHOTO)
Published on Jan 07, 2024 05:51 PM IST
ByRutuja Gaidhani

‘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.

Jet Airways founder Naresh Goyal was arrested on September 1 (File Photo)
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.

naresh goyal chairman jet airways.photographed at Hindustan times leadership summit nov 22nd 2008 Ramesh Pathania
Updated on Nov 08, 2023 09:48 AM IST
By, 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.

Jet Airway Chairman Naresh Goyal with his wife Aneeta Goyal during the press conference at his residence. Jet Airways Ltd on Thursday its board had approved the acquisition of Air Sahara for $500 million. HT PHOTO BY MANOJ PATIL. 19/01/2006 (HT PHOTO)
Updated on Nov 03, 2023 07:56 AM IST
By, 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

Jet Airways founder Chairman Naresh Goyal was arrested on September 1 (File Photo)
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.

Naresh Goyal (File)
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

The probe had accused Goyal of avoiding furnishing details of all his bank accounts in India and abroad and details of movable and immovable properties in India and abroad. (HT PHOTO)
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.

Assisi is now three months into her dream job.
Updated on Oct 21, 2023 07:29 PM IST
ByNatasha Rego

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

Mumbai, India - 20 Mar, 2020: Former Jet Airways Chairman Naresh Goyal alongwith wife Anita Goyal at ED office regarding Jet Airways case, in Mumbai, India, on Friday, 20 Mar, 2020. (Photo by Bhushan Koyande/HT)
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.

HT Image
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

Goyal, 74, was produced before the special court, where the ED counsel Sunil Gonsalves sought his custody for 14 days. The ED contended that Jet Airways had taken loans from a consortium of 10 banks to meet operational expenditure but <span class='webrupee'>₹</span>6,000 crore was still outstanding. (Anshuman Poyrekar/HT PHOTO)
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.

The special PMLA court remanded Jet Airways founder Naresh Goyal in the ED custody till September 11. (Reuters)
Updated on Sep 03, 2023 08:16 AM IST
ByNeeraj Chauhan

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.

Former Jet Airways Chairman Naresh Goyal at ED office regarding Jet Airways case, in Mumbai, India, on Friday, 20 Mar, 2020. (Photo by Bhushan Koyande/HT)
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.

The CBI registered its case based upon a complaint in November 2022 from Canara Bank, Mumbai. The case, registered under sections of the Indian Penal Code and Prevention of Corruption Act, related to the alleged offences of cheating, criminal conspiracy, criminal breach of trust and criminal misconduct against the accused for causing the bank a loss of <span class='webrupee'>₹</span>538.62 crore. (HT PHOTO)
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.

Jet Airways stopped flying in April 2019.
Published on Aug 31, 2023 10:45 PM IST
By | 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

The Gujarat high court noted that the stated motive that the business wanted to defame the airline “lost its worth” during investigation (File Photo)
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.

Jet Airways(AP)
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.

File photo of Jet Airways’ founder Naresh Goyal.
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.

HT Image
Updated on Jul 14, 2023 12:52 AM IST
ByAbhishek Sharan, Mumbai

Former 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.

Former Jet Airways CEO Sanjiv Kapoor (HT_PRINT)
Published on May 17, 2023 08:07 PM IST
By | 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.

Top five business news of the week: Go First crisis and highest ever GST collection in April.
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.

Jet airways Aircraft taxis for take off at Mumbai International Airport in Mumbai, on July 24, 2009. Photograph: ABHIJIT BHATLEKAR/MINT
Updated on May 06, 2023 03:17 AM IST
ByAbhishek Sharan

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.

Jet Airways(AP)
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.

Sanjiv Kapoor has resigned from the post of CEO-designate at Jet Airways.(PTI)
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.

However, the division bench of Justice Revati Mohite Dere and Justice Sharmila Deshmukh expressed their displeasure over the protracted investigation, which was going on since 2019. “There has to be closure in cases. You cannot go on endlessly with an investigation,” noted the bench. (HT PHOTO)
Updated on Apr 19, 2023 12:28 AM IST
ByK A Y Dodhiya
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