Jet Airways chief Naresh Goyal gets big relief?
Shares in India`s Jet Airways jumped over 18 percent on Monday after CNBC TV18 reported earlier on Monday that founder and chairman Naresh Goyal was likely to step down from the board and give up majority control. The report also said that Etihad may infuse more capital into Jet.
Etihad putting more money into the Indian carrier is conditional on Goyal diluting his stake, a source told Reuters last month. Image source: Reuters