Jet Airways incorporated Jet Privilege Pvt Ltd (JPPL) as a wholly owned unit in 2012. After Etihad bought a 50.1% stake, it was hived off as an independent entity. Jet Airways holds the remaining 49.9%. In May, the ED called senior executives of the airline to question about the $150 million stake sale in JPPL. Now, the ED is likely to summon founder Naresh Goyal for the same.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2WLh2TW
