All stories by Arindam Majumder And Arup Roychoudhury
Jet lenders may move into cockpit, replace board
Rediff.com21 Mar 2019According to the revised plan, promoter Naresh Goyal, his wife Anita Goyal and the directors nominated by the promoter would be asked to step down from the board, and the lenders, as part of the resolution process, will infuse around Rs 1,200 crore into the airline as emergency funding.