Top 10 biz headlines: Mindtree board meet, Naresh Goyal quits Jet, and more

From telecom sector revenue to Jet Airways crisis, BS brings you top 10 business stories that made news on Monday

Naresh Goyal exits crisis-hit Jet Airways board but room open for return

Naresh Goyal’s reign at Jet Airways, the company he founded 25 years ago, ended on Monday as he stepped down as chairman of the board and transferred control to the lenders. The consortium of lenders, led by the State Bank of India, will now own a 50 per cent stake in the airline, while Goyal’s stake would be halved to 25.5 per cent. Abu Dhabi-based Etihad Airways would shed its shareholding to 12 per cent from 24 per cent earlier. Read more

Sibling love again: LN