PC Jeweller share price rose up to 12.21% to Rs 36.3 compared to the previous close of Rs 32.25 on BSE

Jet Airways share price stood at Rs 15.85 on October 18. It touched an intra day high of Rs 27.90 on BSE today

Leadership talent deficit is affecting the domestic aviation sector

Columbia's Synergy Group founder, who built the sprawling Latin American conglomerate with his brother Jose, had lost his shipyard and airline businesses because of loan defaults.

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

The former Jet chairman was questioned in a fund diversion case worth Rs 9,000 crore; these funds were received as loans for Jet Airways and were allegedly diverted to companies abroad, thus causing huge foreign exchange loss to the exchequer

Roy has been facing several charges by different agencies including market regulator Securities and Exchange Board of India (SEBI) since 2008

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 Jet Airways founder Naresh Goyal is being questioned by the ED here on Friday in a case of alleged contravention of the foreign exchange law, officials said.

Jet Airways crisis: Synergy Group Corp which owns a majority stake in Colombian carrier Avianca Holdings, the second-largest airline in Latin America, operates several airlines in South America. Avianca Holdings also has a codeshare partnership with Air India.

The airline's resolution professional Ashish Chhawchharia received an expression of interest from the overseas airline last week, well past the submission deadline of August 10

According to the probe agency, the investigation indicated that Naresh Goyal is the likely beneficial owner of some foreign bank accounts with huge deposits

\"Fictitious and inflated payments appear to have been made to some of these foreign entities under various airline lease agreements, aircraft maintenance agreements, among others.\"

The government's submission came during the hearing of Goyal's plea for withdrawing his earlier petition which sought permission to travel abroad