Tarun Bhatia, Managing Director in the Business Intelligence and Investigations practice of Kroll, a division of Duff & Phelps, was quoted in The Hindu article, “Will Naresh Goyal stage a comeback?” The article discusses Jet Airways’ financial crisis and Naresh Goyal’s expulsion from the board.
“Removing the promoter from the board is a positive decision rather than no resolution at all. Banks would like to sell their entire holding to the new investor rather than selling a portion to Mr. Goyal,” Tarun said.
Read the full article here.