Jet Airways shares surge as much as 23% in two days as founder Naresh Goyal steps down
Updated : March 26, 2019 01:39 PM IST
Goyal, who set-up India's first luxury airline Jet Airways, exited the board of the debt-laden company he founded nearly two and a half decades ago.
Stakeholders and lenders of the airline had asked for his resignation after Jet Airways went into a debt slump. Goyal seemed reluctant to step down in the past and had tried every trick to stay in the board.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more