POPULARITY
Bombay High Court grants Naresh Goyal interim medical bail in money laundering case, Rs 25 cr recovered from house help of Jharkhand minister's secretary. VIDEO, After Delhi, Ahmedabad schools receive bomb threat mails, Family in car chased, attacked by four others in BMW in Greater Noida, caught in dashcam, Reports of NEET-UG question paper leak baseless: NTA
This is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.It's the 6th of May and here are today's headlines.Exuding confidence that the BJP would form the government in Odisha, Prime Minister Narendra Modi today the Biju Janata Dal (BJD) government's “expiry date” was 4th of June– the day the results come out. Addressing a rally in Berhampur parliamentary constituency, Modi said, quote, “Today is May 6. By June 6, a BJP chief minister will be nominated and on June 10, an oath-taking ceremony will be held. Write it down. I have come here to welcome you to the BJP government's oath-taking ceremony. The double engine government will come to Odisha for the first time,” unquote. Odisha Assembly elections will be held simultaneously with Lok Sabha polls.A day ahead of polling in all 26 Lok Sabha seats in Gujarat, 16 schools in Ahmedabad received bomb threat emails today. According to JCP (Crime Branch) Sharad Singhal, 12 schools in Ahmedabad city and four in Ahmedabad rural jurisdiction received the threat emails around 6 am. The emails were received from a Russian domain name ‘mail.ru'. He further stated that combing operations were undertaken in all the schools and “nothing was found”, terming the threats to be “hoax”.National Conference leader Farooq Abdullah today warned about Pakistan being a nuclear power in response to Defence Minister Rajnath Singh's comment on people of Pakistan-occupied Kashmir wanting to merge with India. Abdullah said, quote, “If the defence minister is saying it then go ahead. Who are we to stop? But remember, they (Pakistan) are also not wearing bangles. It has atom bombs, and unfortunately, that atom bomb will fall on us." Unquote. Reportedly, Rajnath on Sunday stated that India won't have to capture PoK with force because “its people, on their own, would want to be part of the country after seeing the development in Kashmir”.The Bombay High Court today granted temporary bail of two months, on health grounds, to Jet Airways founder Naresh Goyal, arrested in a money laundering case lodged by the Enforcement Directorate. Goyal was arrested by the central agency in September last year and had approached the high court after a special court denied his bail plea. The court also asked Goyal to surrender his passport and directed him to furnish a personal bond of Rs 1 lakh with sureties.The third phase of the Lok Sabha elections will be held on 7th of May with voters in 94 parliamentary constituencies across 12 states and Union Territories casting their ballot to elect the new government. By tomorrow evening, over 280 constituencies will have gone to polls, meaning that more than half of the total seats in Lok Sabha will have been decided. That leaves polling in 263 constituencies in the four remaining phases. The state of Gujarat and the union territories of Goa, Dadra and Nagar Haveli and Daman and Diu will complete polling in a single phase on Tuesday.This was the Catch-Up on the 3 Things by The Indian Express.
Bharat bandh today: Are banks, offices closed?, Manipur: Mob barges into Churachandpur government office complex, 1 killed, Jet Airways' Naresh Goyal says he is suffering from 'slow growing cancer', seeks interim bail, Rohit Sharma and Ravindra Jadeja's hundreds shepherd India to safety on Day 1 of 3rd Test against England at Rajkot, X-Men '97 official trailer, voice cast, Disney+ release date unveiled
First, Indian Express Deeptiman Tiwary tells us about the downfall of Jet Airways and the alleged bank fraud accusations against its founder-promoter, Naresh Goyal.Next, Indian Express' Aditi Raja assesses how the Statue of Unity has changed the village where it was inaugurated over a year ago (07:35).And in the end, we discuss the controversy surrounding the deep fake of actress Rashmika Mandana (18:32).Hosted by Rahel PhiliposeWritten and produced by Rahel Philipose, Shashank Bhargava, Utsa SarminEdited and mixed by Suresh Pawar
Top news of the day: Kejriwal, Mahua Moitra to face probe today: BJP MP says, 'Dono 2 numbari', Electoral bonds fail to provide a level playing field: Supreme court, Curfew relaxation revoked after mob tries to grab arms in Imphal, Rapper Shubh Wears Hoodie Mocking Indira Gandhi's Assassination; Gets Slammed, ED attaches Jet Airways, Naresh Goyal family's assets worth ₹538 crore
Gurmehar Kaur brings you the news from Uttar Pradesh, Madhya Pradesh, Jammu and Kashmir, New Delhi and Libya.Produced by Chanchal Gupta, edited by Satish Kumar Hosted on Acast. See acast.com/privacy for more information.
In today's episode, we're delving into the rise and downfall of Naresh Goyal. Once a prominent aviation tycoon in India, he now finds himself in the Enforcement Directorate's custody due to his alleged involvement in a bank fraud case worth Rs 539 crore.In other news, Mukesh Ambani is causing a stir in the UK for basically kicking the Brits out of their own county estate!To know more, tune in to The Signal Daily. The Signal Daily is produced in association with IVM.The episode was written and researched by Sneha and TanujaEdited by Venkat Ananth and ShorboriProduced by Manaswini Mastered and mixed by Manas and Nirvaan See omnystudio.com/listener for privacy information.
Naresh Goyal started Jet Airways in 1993 and it literally took off by the end of 2006. Jet Airways dominated the Indian aviation market share at 32.3%.Rahul Bhatia and Rakesh Gangwal, friends who first met in the USA far back in 1985, founded Interglobe Aviation in 2006 when the #1 player in private airlines was Jet Airways.Our episode 3 is about battle fought in the skies: Jet Airways vs IndiGo.Tune into this episode, as Anupam and Ambi discuss how IndiGo introduced the concept of Low Cost Carrier (LCC) to take on its competitor Jet Airways. They also tell us what led to the downfall of Jet Airways and how IndiGo rapidly grew to become the first Indian carrier to operate 1000 flights per day. Follow Anupam Gupta on Twitter:https://twitter.com/b50?s=09Follow Ambi Parameswaran on Twitter:https://twitter.com/ambimgp?s=09Follow Anupam Gupta on LinkedIn: https://www.linkedin.com/in/anupam9guptaFollow Ambi Parameswaran on LinkedIn: https://www.linkedin.com/in/aparameswaranFollow Anupam Gupta on Instagram: https://instagram.com/b_50?utm_medium=copy_linkFollow Ambi Parameswaran on Instagram: https://instagram.com/ambimgp?utm_medium=copy_linkYou can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app.You can check out our website at https://www.ivmpodcasts.com/See omnystudio.com/listener for privacy information.
In 2019, India was rocked by the news that its leading airline was shutting down operations after a year of losses. Very soon all eyes were turned to Jet Airways founder Naresh Goyal. Allegations of corruption, mismanagement, and dark involvements permeate the air forcing him away to England. Today, we explore this unfinished tale of this majestic bird and its clipped wings. Listen all the way to the end! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/scamkingstc/message
There doesn't seem to be any respite for the bulls as markets once again ended with over 2.5 per cent cut on Tuesday amid escalating fears of economic dislocation due to coronavirus (Covid-19). The S&P BSE Sensex slipped 811 points or 2.58 per cent to end at 30,579 with ICICI Bank (down 9 per cent) being the biggest loser and Hindustan Unilever (HUL) -- up around 3.5 per cent -- the biggest gainer. On the NSE, the frontline index Nifty50 breached the crucial 9,000-mark to settle at 8,967 levels, down 230 points or 2.5 per cent. Fear guage India VIX jumped around 7 per cent to 62.88 levels. Among individual stocks, YES Bank continued to buck the trend and ended over 59 per cent higher at Rs 59 levels on the NSE. Infosys, on the other hand, tumbled 4.7 per cent amid Covid-19 fears. The stock hit a 52-week low today. Zee Entertainment Enterprises (ZEEL) cracked 20 per cent to Rs 133 apiece and hit an over 7-year low after reports said the Enforcement Directorate (ED) has issued summons to a clutch of borrowers of the bank, including Essel group Chairman Subhash Chandra, Jet Airways founder Naresh Goyal, Cox & Kings promoter Peter Kerkar, Dewan Housing Finance promoter Kapil Wadhawan, and a few more in connection with the money laundering probe against YES Bank co-founder Rana Kapoor. In the broader market, the S&P BSE MidCap slipped around 2 per cent to 11,670 points and the S&P BSE SmallCap ended at 10,844, down over 2 per cent. Global Markets Asian shares held their ground on Tuesday in a volatile session following one of Wall Street’s biggest one-day routs in history as headlines about the coronavirus outbreak and its global economic impact whiplashed investor sentiment. Australian shares closed 5.9 per cent higher, to record the biggest daily percentage gain since Oct 2008, following a nearly 10 per cent plunge on Monday. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, as was Japan’s Nikkei stock index which traded either side of even through a bumpy day. South Korea’s KOSPI was down 2.4 per cent. Futures trade pointed to a positive open in US and European markets. In commodity markets, US crude ticked up 4.25 per cent to $29.92 a barrel. Brent crude also rose 2.40 per cent to $30.77 per barrel, but these gains are likely to be temporary. Gold, on the other hand, inched lower. Read by: Sukanya Roy
Top headlines at this hour: >> Indices end flat after a range-bound trade; Sensex settles 21 points higher at 40,345 level; Nifty50 holds 11,900-mark >> Shares of Jet Airways were locked in the lower circuit band of 5 per cent at Rs 22.2 on the BSE on Monday after reports suggested founder Naresh Goyal was under Serious Fraud Investigation Office's (SFIO) lens for siphoning off funds >> And in political news, With the Bharatiya Janata Party (BJP) declining Maharashtra governor's offer to form government in the state owing to its relations with its ally, the baton is now in Shiv Sena's hand. The Sena, which has 56 MLAs in the 288-member House, has time till 7:30 pm today to stake the claim News in detail: Post logging record highs during the previous week, markets consolidated on Monday as concerns over India's economic growth dented sentiment, while no fresh triggers kept indices range-bound. Additionally, fresh escalation of violence in Hong Kong coupled with uncertainty over whether the United States and China could end their damaging trade war kept investors on the sidelines. Buying in financial counters and select index heavyweights in the fag end of the session, helped the benchmark S&P BSE Sensex to close in the positive territory. The broader markets outperformed the frontline indices today, with the S&P BSE mid-cap index settling 43 points or 0.29 per cent higher at 14,774 level. The S&P BSE small-cap index, too, ended at 23 points, or 0.17 per cent, at 13,497 level. Stocks that reacted to news developments: >> Shares of Amara Raja Batteries surged 7 per cent to Rs 699 on the BSE on Monday, after the company reported 370 bps improvement in EBITDA margin at 17.2 per cent in the September 2019 quarter (Q2FY20) on account of softer commodity prices. The share settled at Rs 718.3, up 9.83 per cent. >> Shares of HDFC Asset Management Company gained ground for the third straight day, up 5 per cent in an otherwise subdued market, at Rs 3,345 on the BSE on Monday. The stock was trading at its highest level since its listing on August 6, 2018, and has zoomed 204.09 per cent from its initial public offer (IPO) price of Rs 1,100 per share. The share settled at Rs 3353.80, up 5 per cent. >> Shares of Affle (India) surged 10 per cent to Rs 1,538, in the intra-day trade, on the BSE on Monday after the company reported a healthy 41 per cent year on year (YoY) jump in EBITDA at Rs 21.7 crore in September quarter. Foreign brokerage firm Nomura, too, initiated coverage on the stock with a ‘buy’ rating and a target price of Rs 1,900 per share. The share settled at Rs 1496, up 7 per cent. MARKET HOLIDAY: Markets will remain closed on Tuesday on account of Guru Nanak Jayanti.
In this week’s episode, host Abhinandan Sekhri is joined by Madhu Trehan, Manisha Pande, and investigative journalist Josy Joseph.The podcast kicks off with Joseph talking about the ₹1,000-crore civil defamation suit that Naresh Goyal of Jet Airways filed against him after the release of his book, A Feast of Vultures: The Hidden Business of Democracy in India. The book, he says, is a product of 15 years of investigation into government records available in the public domain. In response to Abhinandan’s question about what he thought of the coverage of the Jet Airways crisis, he says, “I think the Jet Airways collapse and Naresh Goyal to me in many ways capture the crisis of Indian democracy...the crisis that we see when you have the Prime Minister of the country on a daily basis assaulting the basic constitutional commitment to scientific temperament.” He also believes that our country is not an imperfect democracy, rather a "democracy in crisis".The panel also discusses Narendra Modi’s interview with The Indian Express. Manisha says, “[It is] one of his best interviews that I have read...you really get a sense of this guy and he has so much disdain for the media, every answer is a potshot at the media...in that one interview you really get an insight into how much he hates the media.” Madhu also speaks of Modi's "shenpa" and why he needs to get over it”.The panel also talks about the centrality of Mani Shankar Aiyar in the political discourse despite his negligible impact on Indian politics. They also deconstruct the implications of Priyanka Sharma’s arrest on free speech. Joseph says the lack of codification of law has to be tackled urgently to prevent a breakdown of institutions. Manisha says, “At least [journalists] should have a standard understanding of what constitutes free speech and we should push back every time a case like this comes."They also talk about a potential rethinking of the BJP’s extremist politics in light of their response to Pragya Singh Thakur’s recent comment on Nathuram Godse.For this and more, tune in! See acast.com/privacy for privacy and opt-out information.
NL Hafta has gone behind the paywall, but we love our listeners. So, here's a little sneak peek into the complete episode.In this week’s episode, host Abhinandan Sekhri is joined by Madhu Trehan, Manisha Pande, and investigative journalist Josy Joseph.The podcast kicks off with Joseph talking about the ₹1,000-crore civil defamation suit that Naresh Goyal of Jet Airways filed against him after the release of his book, A Feast of Vultures: The Hidden Business of Democracy in India. The book, he says, is a product of 15 years of investigation into government records available in the public domain. In response to Abhinandan’s question about what he thought of the coverage of the Jet Airways crisis, he says, “I think the Jet Airways collapse and Naresh Goyal to me in many ways capture the crisis of Indian democracy...the crisis that we see when you have the Prime Minister of the country on a daily basis assaulting the basic constitutional commitment to scientific temperament.” He also believes that our country is not an imperfect democracy, rather a "democracy in crisis".The panel also discusses Narendra Modi’s interview with The Indian Express. Manisha says, “[It is] one of his best interviews that I have read...you really get a sense of this guy and he has so much disdain for the media, every answer is a potshot at the media...in that one interview you really get an insight into how much he hates the media.” Madhu also speaks of Modi's "shenpa" and why he needs to get over it”.You can listen to the full Hafta here: https://www.newslaundry.com/2019/05/17/nl-hafta-224-priyanka-sharma-the-khan-market-gang-mani-shankar-aiyar-and-more See acast.com/privacy for privacy and opt-out information.
A deep analysis of the Jet Airways promoters clout and rise, and how his personality led the airline to nosedive. Podcast produced in association with theindicast.com
A deep analysis of the Jet Airways promoters clout and rise, and how his personality led the airline to nosedive. Podcast produced in association with theindicast.com
Jet Airways nearly averted a crisis as its founder Naresh Goyal stepped down from its board on Monday and the debt-laden carrier got a Rs 15-crore funding promise from a consortium of bankers. Jet Airways has a debt of around Rs 8,000 crore. It has only 38 operational planes left in its fleet of 119 and the pilots, who have not been paid since December, have threatened to go on strike from April 1. The airline has suspended operations on 13 international routes. A few days ago, Larsen & Toubro, L&T signed a deal to buy a 20.32% stake in Mindtree from VG Siddhartha, owner of the country’s largest coffee shop chain, Café Coffee Day (CCD, triggering a hostile takeover of the company. Mindtree’s board is now evaluating how it can resist L&T’s advances. Promoters in both these companies are in focus, both for not acting at the opportune time… What will the fates of the companies they built from the ground up be now? Tune in to find out….
Why is it a tough time to be Naresh Goyal.
Why is it a tough time to be Naresh Goyal.