BusinessNaresh Goyal Won't Bid For Stake In Jet As Board Meets On Next Steps
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Naresh Goyal Won't Bid For Stake In Jet As Board Meets On Next Steps
Government to review issues ailing cash-strapped Jet Airways
Jet needs immediate fund infusion to get its planes back in the air
SBI-led lenders' group wants investor to buy up to 75% in Jet
Jet Airways is awaiting a fresh fund infusion under a debt resolution plan
"SBI is working on the emergency funding, everything is under discussion, nothing is finalised," state-run PNB's Mr Mehta added.
Stock exchange BSE sought clarification from the airline on Tuesday after reports said the airline was likely to shut down its operations temporarily. A response from Jet Airways was awaited.
Union Minister Suresh Prabhu said that Pradeep Singh Kharola would review the issues ailing the airline, especia...