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As a result of chief's exit, Jet Airways shares improves; gets funding of Rs 1500 cr

Shortpedia

Content Team
Image Credit: Shortpedia

This has come after the resign of the chief of Jet Airways, Naresh Goyal along with his wife Anita Goyal from the board of directors, that the airways will get up to Rs 1,500 crore as immediate funding amid worst financial crisis ever from a group of banks. The airline was unable to pay debts and the salary of the employees. Possibly as a result of Naresh's resignation, the shares have closed 13% higher.