Naresh Goyal ready to step down from restructured Jet Airways board

NEW DELHI: Negotiations to keep Jet AirwaysNSE 0.13 % afloat have entered the final phase with promoter Naresh Goyal agreeing to step down from the restructured airline’s board if Abu Dhabi-based Etihad gives the “right price” for upping its stake. Etihad had last week told SBINSE 0.47 % it will buy Jet shares at Rs 150 apiece, a valuation that did not go down well with Goyal.