 "Jet Airways")
Top 10 business headlines: New plan for Jet, Maruti Q3 results, and more
New plan for Jet's recast on anvil; Naresh Goyal's stake may go below 20%
Within weeks of proposing a formula for restructuring the ailing private carrier Jet Airways, lenders — led by State Bank of India — are now working on a revised plan. The new plan, which could possibly see Jet founder chairman Naresh Goyal’s stake go down below 20 per cent from the current 51 per cent, is likely to be finalised in the next two weeks, according to sources close to the development. (
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