The board decisions come as the full-service airline struggles to repay its debt of almost Rs 8,000 crore to banks led by State Bank of India. Goyal's wife Anita Goyal and Kevin Knight, a nominee of Etihad Airways, have also resigned.
The lenders will nominate two directors to the Jet board and will shortly initiate an auction process to find a new strategic investor for the company. The full service carrier has a debt burden of more than Rs 8,200 crore and needs to make repayments worth up to Rs 1,700 crore by March end.
It has formed an Interim Management Committee (IMC) to oversee the financial and operational performance of the airline under the supervision of the board of directors with the support of McKinsey & Co.
State Bank of India has reportedly agreed to infuse ₹15 billion into the private carrier.
European Union sets 'no-deal' Brexit deadline to April 12
He said: "April 12 is a key date in terms of the United Kingdom wondering whether to hold European Parliament elections". An extension could continue for several more months if Britain agreed to vote in May's European Parliament elections.
Jet Airways share price has been gaining for the last two days and has risen 6.93% during the period. "The option is open for anyone including Naresh Goyal and Etihad to bid for the stake", Kumar said. It has deferred payments to banks, suppliers, pilots and lessors for months of which lessors have constrained the airline to ground as many as 40 planes.
Naresh Goyal, Chairman of Jet Airways speaks during a news conference in Mumbai November 29, 2017. Shares of Jet Airways had jumped over 15% on the National Stock Exchange after the news reports, and closed the day at Rs 261 per share.
The airline has not paid salaries to a section of its employees, including pilots.
Jet Airways was not immediately available for comment when contacted by Reuters.
According to reports, Etihad's stakes in the company will be halved from 24 per cent to 12 per cent while Goyal's stake will be reduced to 25.5 per cent from the existing 51 per cent.
Emmet Flood, a lawyer who represents the office of the president in the Mueller investigation, is in Florida with Trump. Nadler's committee would be responsible for introducing articles of impeachment against Trump.
In Gaza, Palestinians were bracing for retaliation as Israel closed its border crossings with the territory and access to the sea. Emmanuel Nahshon, spokesman for Israel's Foreign Ministry, said the home in Mishmeret was hit by a rocket from Gaza.
The press team also sent a video of another opposition legislator showing damage to the door of Marrero's home and a broken lock. Most Western countries have recognized Guaido as head of state, but Russian Federation and China, among others, back Maduro.
CBS already has a standalone streaming service for its own television programs and another for its Showtime premium channel. Apple has been planning a content streaming service for years and wants all the eyes on the event.
That'll be a global launch too, with the disc-less Xbox One S launching in all existing Xbox markets on the same day. No pricing has been revealed, but Windows Central reports that it will have the lowest RRP of all Xbox One consoles.
The festival, which takes place in downtown Kamloops, is a Hindu celebration that marks the arrival of spring. May all the seven colors of the rainbow come together this Holi and bless your life with happiness and joy.
Since Solskjaer was handed the keys to Old Trafford, many have been backing his star midfielder to stay and sign a new contract. He has got some outstanding players just in front of him but he's slowly getting more and more game time.
Mueller also investigated whether Trump's decision to fire Comey in May 2017 constituted obstruction of justice . Russian Federation has denied being involved in hacking to influence the 2016 USA election result.
Trump to Nominate Stephen Moore for Fed Board
Asked about whether a rate cut is needed, he said "I'm not sure about that - I'd have to take a closer look at it". Fed officials on Wednesday penciled in a long-term growth estimate of 1.9 per cent for the United States economy.
Muslims return to Christchurch mosque as NZ works to move on
Muslims account for just over 1% of New Zealand's 4.8-million population, a 2013 census showed, most of whom were born overseas. He's now charged with one count of murder, and he is expected to face more charges when he returns to court next week.
Argentina vs. Venezuela - Football Match Report
However their Venezuelan opponent spoiled Messi's return to the national team with a stunning win, just their second in history. Messi has made 37 appearances in all competitions for Barcelona so far this season, scoring 39 goals.