Jet Airways founder to remain in custody till Sept. 11, India court orders

Naresh Goyal, the founder of Jet Airways, will remain in custody until September 11th as ordered by an Indian court. The arrest was made by the Enforcement Directorate, which investigates financial crimes in India, in relation to a 5.38 billion Indian rupees ($65.06 million) bank fraud case filed by Canara Bank. Jet Airways has not yet commented on the matter.