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Aviation

Naresh Goyal can buy back Jet Airways stake, says SBI's Rajnish Kumar

Updated : March 25, 2019 07:29 PM IST

The lenders of Jet Airways has agreed to put in Rs 1,500 crore immediate funding by acquiring 51 percent stake in the company through issue of Rs 11.4 crore fresh shares.
Jet Airways founder and chairman Naresh Goyal and his wife Anita Goyal will step down from the board of the ailing airline following the reduction in their stake to 25 percent.
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