The department filed at least nine chargesheets against him in 2018 and the year before on similar charges of possessing undisclosed foreign assets and non-disclosure of all assets and income to tax authorities in India.

Jet Airways crisis: Two promoters of Hinduja feel that it is too risky to get involved with the grounded airline now due to ongoing government investigations and the recent insolvency plea.

Share Market Update: Top index gainers in NSE pack today were Zee Entertainment, ONGC, YES Bank, Tata Motors and JSW Steel. Top losers of today's closing session were Indiabulls Housing Finance, Sun Pharma, M&M, Dr. Reddy and Tech Mahindra.

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

If the Mumbai bench of the NCLT, presided over by VP Singh and Ravikumar Duraisamy, admits the petitions filed by Jet Airways' suppliers Shaman Wheels and Gaggar Enterprises on Monday, the grounded carrier's lenders will end up taking a massive hit

Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.

State Bank of India-led lenders to Jet Airways had hired Ernst & Young as the new auditor of the troubled airline to carry out forensic audit for the period between April 2014 and March 2018 in December last year

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

There was speculation in the market that the Hinduja Group may bid for Jet Airways this week, having got the approval of its key stakeholders, including founder Naresh Goyal and Etihad

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

Etihad Airways has emerged the sole bidder for Jet Airways.

The National Company Law Tribunal again sought clarity on Rs 600-crore of part-funding committed as internal accruals for the acquisition of Ruchi Soya by Patanjali

The Ministry of Corporate Affairs ordered the SFIO probe into Jet Airways and its subsidiaries after examining a report by Western Regional Director on inspection of the airline's books

According to reports, the agency had called certain Jet Airways officials for questioning to get an idea about the structure of the deal between Etihad and JPPL.

Several airlines have placed requests for awarding of Jet's flying rights to destinations such as Singapore, Thailand and the Middle East

The concern to save the embattled Jet Airways is common all around, the suggestions to this end from various quarters are different though