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GoAir reportedly wanted to hire him for the position of the CEO, which is lying vacant since March this year

The sudden rise in Jet Airways stock comes ahead of an order to be passed by National Company Law Tribunal (NCLT) on insolvency plea filed by country's largest lender SBI.

Jet Airways share price opened at a loss of 9.96% at 61.50 level on BSE. Jet Airways share price has fallen 45.06% during the last one week. The stock has fallen 84% during the last one year and lost 77.85% since the beginning of this year.

Jet Airways share opened at a loss of 7.62% at 75.80 level on BSE. Jet Airways share price has fallen 43% during the last one week. The stock has fallen 81% during the last one year and lost 75% since the beginning of this year.

The investigation wing of the I-T Department has found alleged irregularities in transactions between Jet Airways and its Dubai-based group firms to evade taxes worth Rs 650 crore

Jet Airways might be heading for bankruptcy as it seems to have lost the chance to secure a buyer

Once a storied full-service carrier, Jet Airways temporarily suspended operations in April after running of cash

Reports suggest that the Enforcement Directorate (ED) is probing diversion of funds case against Goyal, and the lookout notice issued by the home ministry reportedly pertains to that case

Hinduja Group has engaged investment bankers for due diligence

Following the closure of Jet Airways' operations, SpiceJet, Vistara and AirAsia had approached the airline to buy its narrow-bodied aircraft B737

Goyal and his wife were travelling on a Dubai-bound Emirates flight (EK 507) when the immigration authorities stopped them and denied permission to fly

Days after India-born industrialist brothers, Srichand and GP Hinduja, reclaimed the title of Britain's wealthiest with fortunes of 22 billion pounds to their name, Etihad and Jet Airways' lenders approached the Group to invest in the debt-ridden airline. The Group has engaged investment bankers led by SBI Capital Markets for due diligence.

SBI chairman Rajnish Kumar said that many investors are showing interest in buying stake in Jet Airways

From a tumbling stock and taxman concerns to a top level exodus amid desperate attempts to find a suitor, here are some key developments that will have a bearing on Jet Airways' future, if it ever manages to get off the ground again