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RAJNISH KUMAR GOYAL
'Trains are meant for transport, not for dance': Railways urges travellers after belly dance video goes viralThe Central Railway's divisional manager has urged travelers to refrain from engaging in activities and stunts during train travel, followi...
Mumbai suburban ridership has not reached pre-pandemic levels, says CR officials; cite WFH as one of the causesAn official said work-from-home maybe a reason for the ridership falling short, while other causes could be increased short distance travel...
SBI boss explains why it's such a hassle to get a buyer for JetThe airline, which stopped all flights last month, has made losses in nine of the past 11 years.
Jet Airways shares extend losses, down 8%ET reported this morning that a section of its employees has evinced interest in bidding for the airline and is scouting for investors to g...
Naresh Goyal puts in bid for Jet AirwaysIt couldn't be immediately ascertained whether Goyal has partnered with any entity or airline for the bid.
Naresh Goyal may submit bids for stake in Jet AirwaysThe bidding norms allow Goyal to participate in the sale process. Goyal's response on the issue was awaited.
Jet Airways' lenders to invite bids for stake sale on Apr 6; also ready to look at other optionsSBI is the lead lender to Jet Airways, which has a debt burden of more than Rs 8,000 crore.
Jet Airways shares extend winning streak, surge 9%At first glance, the market looks confident about the prospects of the company.
Naresh Goyal has no right of first refusal, says SBI ChairmanGoyal will hold 25.5 per cent in Jet after the banks take control with a 51 per cent stake.
Whoever gives highest value will take control of Jet Airways: Rajnish Kumar, SBINo asset sales are planned because this industry does not have assets, says SBI chairman.
Naresh Goyal has option to raise stake; expect buyer for Jet by May 31, says SBI chiefConsortium of lenders led by the SBI has agreed to put in Rs 1,500 crore immediate funding by acquiring 51 per cent stake in the company.
Lenders may pick up substantial stake in Jet AirwaysThe finalisation of the new team even can happen as early as next week, the sources added.
SBI asks Goyal, 3 others to step down from Jet boardJet is down to operating 150 flights a day from 450 at full capacity, and more groundings are coming.
Jet Airways could buy a Rs 750cr lifeline with promoters' moneyLenders to Jet Airways have agreed to a debt conversion and to hold equity up to 49% of the airline.
Sebi unlikely to give Etihad an exemptionSBI chairman Rajnish Kumar met Sebi chairman Ajay Tyagi on Wednesday to discuss the issue.
Naresh Goyal says he is ready to put up to Rs 700 cr in Jet Airways, but with conditionsThis is subject to the condition that his shareholding post such infusion is at least 25 per cent, he said in a letter.
Jet Airways rebounds 9% on Naresh Goyal's capital infusion offerAn ET report suggested that Etihad CEO Tony Douglas has communicated to the lead lender that it will not pay a rupee more than Rs 150 a sha...
Follow lending norms or NPA woes will mount: GoyalThere will be business failures but there have also been situations where loans have been diverted.
No bad bank plan, but govt now has a 5-point strategy to deal with NPAs: FM Piyush GoyalMehta panel has recommended an asset management company/alternative investment fund-led resolution approach to deal with NPA cases of over ...
Panel on bad bank to submit report shortly: SBI chiefOn June 8, Piyush Goyal had announced the formation of a committee under the chairmanship of Punjab National Bank non-executive chairman Su...