Jet Airways chairman Naresh Goyal reportedly informed the State Bank of India he is willing to infuse up to INR7 billion (USD98.5 million) into the airline, on the condition that he retains an at least 25% stake in Jet Airways (Live Mint/The Hindu BusinessLine/Money Control/New Indian Express/Economic Times, 17/18-Jan-2019). Mr Goyal holds a 51% stake in the airline at present.
Jet Airways chairman willing to infuse up to USD99m if permitted to retain 25% stake
17 January, 2019