BREAKING NEWS
New Credit Card Rules from September, 2024: Updates on FDs, Aadhaar etc. New Credit Card Rules from September, 2024: Updates... After CCI, NCLT gives green light to Viacom 18-Star India INR 70,000 Cr Merger After CCI, NCLT gives green light to Viacom... Sovereign Gold Bonds Vs. Physical Gold: Which Is the Ultimate Investment Strategy for You? Sovereign Gold Bonds Vs. Physical Gold: Which Is... Simple Energy Secures USD 20 Million to Supercharge E-Scooter Production and Transform EV Market Simple Energy Secures USD 20 Million to Supercharge... The Power of Systematic Transfer Plans (STP) Over SIPs for Smarter Wealth Growth: Know How to Maximize Your Wealth The Power of Systematic Transfer Plans (STP) Over... ITC to Invest INR 20,000 Crore in India’s Growth: New Products, Market Expansion and Strategic Innovation ITC to Invest INR 20,000 Crore in India’s... ONDC Surpasses 5.7 Lakh Sellers: Rapid Growth and Expanding Digital Commerce Network in India ONDC Surpasses 5.7 Lakh Sellers: Rapid Growth and... 71% Intraday Traders Lose Money And 76% Under 30 Face High Loss Rates: Check What Else This New Study By SEBI Says For FY23 71% Intraday Traders Lose Money And 76% Under... Special Packages to Boost Bihar and Andhra Pradesh: Check How Budget 2024 is Strengthening its Key Allies Special Packages to Boost Bihar and Andhra Pradesh:... Union Budget 2024: An INR 1.52 Lakh Crore Boost for Agriculture and Sustainable Farming Practices Union Budget 2024: An INR 1.52 Lakh Crore...

Vijay Mallya condoles death of Anita Goyal, wife of Jet Airways founder

He further commented on the fate of Jet Airways in his X (Twitter) post, saying, “ I am also sad that Naresh is enduring what he is given in his creation of Jet..."

Advertisement
Vijay Mallya condoles death of Anita Goyal, wife of Jet Airways founder

Jet Airways

The former businessman and fugitive Vijay Mallya has condoled the death of Mrs Anita Goyal, wife of the Jet Airways founder Mr Naresh Goyal. He expressed his deepest sympathies for Mr Goyal and questioned Jet Airways’s and Kingfisher Airlines’s downfall.

Also Read | Lawsuit Filed Against Microsoft and OpenAI Over Alleged Misuse of Newspapers’ Content

Vijay Mallya’s X post 

In a post he made to X (formerly Twitter), Mallya wrote, “My heartfelt condolences to the Goyal family on the sad passing of Anita. She was a formidable competitor at Jet but a lovely human being.”

He further commented on the fate of Jet Airways in his X (Twitter) post, saying, “ I am also sad that Naresh is enduring what he is given in his creation of Jet, a worthy and long-standing competitor to KFA. Both India’s finest airlines are sadly no more. Wonder why ? May truth prevail eventually.” 

Anita Goyal passes away at 70  

Anita Goyal, the wife of Jet Airways founder Mr Naresh Goyal, was battling third-stage cancer, as per hospital reports, and her health has been in decline in the past few months. 

Naresh Goyal has been recently granted two months interim bail by the Bombay High Court on medical grounds as he is also a cancer patient. 

Anita Goyal is survived by her husband and their two children, Namrata and Navaan. 

Jet Airways’ Financial Irregularities

Currently, Jet Airways is facing trouble with the authorities as it is accused of financial irregularities and illegally settling company loans by the Enforcement Directorate (ED). The company has borrowed funds from a consortium of 10 banks to carry out its daily operations while already being in debt of Rs. 6000 crores. 

Also Read | Blackstone Snags Hipgnosis in USD 1.57 Billion Music Rights Deal

According to a forensic audit, Jet Airways has diverted RS 1152 crores as professional and consultancy. Another Rs. 2547.83 crores were channelled into its sister company, Jet Lite Limited, to settle the loan. The loan amounting to RS 538.62 crore was given to the company by the Canara Bank. 

In September 2023, the Jet Airways founder, Mr Naresh Goyal, was arrested by the ED on money laundering and misappropriation of loans. 



About Author

This article is written by Janvi Singh, a seasoned content writer and aspiring business journalist. She holds a postgraduate degree in media studies, and although she has gained experience in writing for various digital platforms, she has a keen interest in writing business news.

About the Author

Other Articles: 204

GMT News Desk

GMT News Desk

The proposed entity has its fair share of challenges ahead of it. The Indian media market is constantly changing, and the new entity will have to adapt accordingly. Besides that, it also faces stringent competition from other media giants like Netflix and Sony, which recently cancelled its own ambitious merger with Zee.

Similar News