Ready to infuse up to Rs 700 cr in Jet Airways subject to conditions, says Naresh Goyal
When shareholding of an entity in a listed company goes beyond a certain threshold, then the open offer requirement is triggered under Sebi's Takeover Code.
Jan 17, 2019, 13:26 PM ISTNot interested in Jet Airways as backed by ''enemy'' state: Qatar Airways CEO
Al-Baker said Qatar Airways would be "delighted" to take a stake in IndiGo.
Jan 15, 2019, 14:45 PM ISTJet Airways shares jump over 16% on news of Naresh Goyal's stake dilution
Jet Airways soared 16.13 percent to close at Rs 294.40 on BSE.
Jan 14, 2019, 17:35 PM ISTNaresh Goyal to give up majority control in Jet, Etihad to raise stake to 49%
Jet, which is India`s biggest full service carrier by market share, is in desperate need of cash.
Jan 14, 2019, 15:39 PM ISTRakesh Jhunjhunwala buys 1.05% in Jet Airways; shares up 11%
The shares were bought at an average price of Rs 422.76, valuing the transaction at Rs 50.52 crore.
Oct 30, 2015, 20:33 PM ISTNaresh Goyal not to bring down holding below 51%: Jet Airways
In a statement the airline said that the undertaking given to PNB is "an undertaking of non-disposal of any further equity and not a matter of pledging of his shares".
Jan 14, 2015, 15:51 PM ISTNaresh Goyal pledges his entire 51% stake in Jet to PNB
The Mumbai-based full service carrier has 113 planes in its fleet, of which 26 are owned by the carrier and the rest 87 are leased.
Jan 13, 2015, 22:56 PM IST