Naresh Goyal

The CBI has registered a case against Naresh Goyal, founder of Jet Airways and others for allegedly defrauding Canara Bank of Rs 538 crore.

The Bombay High Court on Tuesday rebuked the Serious Fraud Investigation Office (SFIO) for not completing its probe against Jet Airways founder Naresh Goyal and his wife in a case of an alleged Rs 7,000 crore fraud.

The HC directed the ED not to take any coercive steps against the Goyal and his wife till the next date of hearing.

The new Jet Airways is likely to start its operation by the end of the year as it began training for its first batch of cabin crew at the Gurugram centre.

The potential targets of Pegasus included former chairman of Jet Airways Naresh Goyal, SpiceJet managing director Ajay Singh, Essar Group's Prashant Ruia and some top PSU officials, according to the latest list of names released by The Wire.

The Enforcement Directorate (ED) has objected to the Mumbai Police filing a closure report in a cheating case registered earlier against now-defunct Jet Airways, its promoter Naresh Goyal, and his wife.

Enforcement Directorate raided Mumbai residence of Naresh Goyal, founder of now-grounded Jet Airways, late Wednesday night in connection with a FIR by a travel company accusing Mr Goyal and his wife, Anita Goyal, of cheating it of Rs 46 crore

Naresh Goyal, founder of the now-grounded Jet Airways, was today questioned by the Enforcement Directorate in connection with alleged foreign direct investment violations when Etihad Airways acquired stakes in Jet Privilege PrivateLimited in 2014

Properties of Naresh Goyal, founder of the now-grounded Jet Airways, are being searched by officials of the Enforcement Directorate in connection with a case of alleged contravention of the foreign exchange law, officials said.

Naresh Goyal, the founder of the now-grounded Jet Airways, approached the Delhi High Court on Thursday to withdraw his petition seeking permission to travel abroad.

If Naresh Goyal, founder of the cash-strapped Jet Airways, wants to go abroad, he should first deposit as guarantee Rs 18,000 crore his company owes to lenders, the Delhi High Court observed Tuesday while refusing to allow him to leave India.

Jet Airways founder Naresh Goyal said he came to know of the LOC on May 25 when he and his wife, Anita, were de-boarded from a flight to Dubai with an onward connection to London.

Investors' wealth in Jet Airways has been eroded massively as its market value has fallen from Rs 1,861.86 crore to Rs 330 crore.

The lenders have been trying to sell the airline as a going concern since the past five months, but failed due to many a reason.

The development comes soon after Naresh Goyal and his wife Anita were offloaded from a London-bound flight in Mumbai on Saturday.

The CBI has registered a case against Naresh Goyal, founder of Jet Airways and others for allegedly defrauding Canara Bank of Rs 538 crore.

The Bombay High Court on Tuesday rebuked the Serious Fraud Investigation Office (SFIO) for not completing its probe against Jet Airways founder Naresh Goyal and his wife in a case of an alleged Rs 7,000 crore fraud.

The HC directed the ED not to take any coercive steps against the Goyal and his wife till the next date of hearing.

The new Jet Airways is likely to start its operation by the end of the year as it began training for its first batch of cabin crew at the Gurugram centre.

The potential targets of Pegasus included former chairman of Jet Airways Naresh Goyal, SpiceJet managing director Ajay Singh, Essar Group's Prashant Ruia and some top PSU officials, according to the latest list of names released by The Wire.

The Enforcement Directorate (ED) has objected to the Mumbai Police filing a closure report in a cheating case registered earlier against now-defunct Jet Airways, its promoter Naresh Goyal, and his wife.

Enforcement Directorate raided Mumbai residence of Naresh Goyal, founder of now-grounded Jet Airways, late Wednesday night in connection with a FIR by a travel company accusing Mr Goyal and his wife, Anita Goyal, of cheating it of Rs 46 crore

Naresh Goyal, founder of the now-grounded Jet Airways, was today questioned by the Enforcement Directorate in connection with alleged foreign direct investment violations when Etihad Airways acquired stakes in Jet Privilege PrivateLimited in 2014

Properties of Naresh Goyal, founder of the now-grounded Jet Airways, are being searched by officials of the Enforcement Directorate in connection with a case of alleged contravention of the foreign exchange law, officials said.

Naresh Goyal, the founder of the now-grounded Jet Airways, approached the Delhi High Court on Thursday to withdraw his petition seeking permission to travel abroad.

If Naresh Goyal, founder of the cash-strapped Jet Airways, wants to go abroad, he should first deposit as guarantee Rs 18,000 crore his company owes to lenders, the Delhi High Court observed Tuesday while refusing to allow him to leave India.

Jet Airways founder Naresh Goyal said he came to know of the LOC on May 25 when he and his wife, Anita, were de-boarded from a flight to Dubai with an onward connection to London.

Investors' wealth in Jet Airways has been eroded massively as its market value has fallen from Rs 1,861.86 crore to Rs 330 crore.

The lenders have been trying to sell the airline as a going concern since the past five months, but failed due to many a reason.

The development comes soon after Naresh Goyal and his wife Anita were offloaded from a London-bound flight in Mumbai on Saturday.