Latest news with #JetAirways'


Time of India
5 days ago
- Time of India
83-year-old south Mumbai woman kept under ‘digital arrest' for a month, loses Rs 7.7 crore; cyber police register cheating and extortion case
Mumbai: In yet another digital arrest fraud targeting senior citizens, an 83-year-old woman from south Mumbai was cheated of more than Rs 7.7 crore by cyber fraudsters who claimed that they had found financial transactions between her and Jet Airways' founder Naresh Goyal, an accused in a multi-crore money laundering case. Fake police officers kept her under 'digital detention' for a month. The woman, who was employed with a PSU for four decades, lives alone. Her two married daughters live abroad. In her complaint lodged on Tuesday at the south region cyber police station, the woman said that on July 4 she received a call from a person who claimed to be from the Telecom Regulatory Authority of India. The caller told her that someone had opened a bank account in her name using her Aadhaar card and there were transactions between this account and Goyal's account. He further claimed that a Special Investigation Team of Delhi's CBI Crime Branch was probing the case and Colaba police were also in the process of filing an FIR against her. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Gold Rates Today in Mumbai | Silver Rates Today in Mumbai Later, she received a WhatsApp video call from another number. The caller, who was in uniform, identified himself as "senior police officer Ajay Basaria". He told her that if she did not cooperate with the probe, he would send a police officer to her house, her children would also be arrested and their bank accounts would be frozen. He further threatened that there was an arrest warrant issued in her name, and that they would summon her two daughters, who live abroad, to record their statements in the money laundering case. Basaria told her that she was under digital surveillance and asked her not to contact her family members or relatives. She told police: "He asked me about my family information, business, bank balance, mutual fund investment, and share market investment and I gave all the information through WhatsApp. Basaria and one inspector Samadhan would make a video call every two-three hours daily to check on me. They kept threatening to arrest me and told me to deposit all my money and investments in court for scrutiny with the assurance that they would be returned on completion of the investigation. " She said she even sold her shares and transferred a total of Rs 7.72 crore via RTGS to bank accounts provided by the accused. Later, she told her daughters about her ordeal and they advised her to approach the police. Based on her complaint, cyber police have registered an FIR against the unidentified accused for cheating, forgery, identity theft and extortion under the BNS, as well as under the Information Technology Act. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !


Economic Times
10-08-2025
- Business
- Economic Times
Brookfield acquires Jet Airways' office property in Mumbai through insolvency process
In a key development under Jet Airways' ongoing insolvency proceedings, global alternative investment major Brookfield Asset Management has acquired an additional office floor in commercial tower Godrej BKC in Mumbai's business district Bandra-Kurla Complex for Rs 370.25 crore, said persons with direct knowledge of the development. The sale was conducted under the Insolvency and Bankruptcy Code (IBC) and overseen by the National Company Law Tribunal (NCLT). Bank of Baroda had initially emerged as the highest bidder, but Brookfield has now exercised its right of first refusal to match the bid and secure the asset. With this purchase, Brookfield's footprint in the 19-storey premium commercial tower now spans about 250,000 sq ft across three contiguous floors, along with exclusive parking rights. The deal also transfers Jet Airways' seat on the building's management board to Brookfield, giving it a greater say in operational and strategic matters concerning the transaction underscores the attractiveness of prime BKC office space despite the asset being sold on an 'as is where is' basis. The floor, earlier sealed by the Municipal Corporation of Greater Mumbai over unpaid dues, was de-sealed in April following an NCLT directive. Industry sources said several end-user occupiers had shown interest during the bidding process and are expected to engage to lease the rates in BKC have risen sharply by around 30% in the past three to four years driven by limited new supply and sustained demand from multinational corporations and financial institutions. At Godrej BKC, rents currently range between Rs 650 and Rs 700 per sq ft a meeting month on a carpet area basis, placing it among Mumbai's most expensive office is not new to the property. In 2020, as part of the same insolvency proceedings, it had acquired two floors in the building for Rs 490 crore. Those floors are fully leased to marquee tenants including the World Bank and PayPal, ensuring steady rental email query to Jet's liquidator Satish Kumar Gupta remained unanswered, while Brookfield declined to comment. The latest acquisition is part of Brookfield's wider strategy to expand its premium commercial real estate portfolio in Mumbai. Recently, it secured plot C-80 in BKC, a prime two-acre site with development potential of over 3.6 lakh sq ft, further strengthening its presence in the city's financial hub. Godrej BKC, developed jointly by Godrej Properties and Jet Airways, has been a sought-after business address since its completion in 2011. The building's location, design quality, and tenant profile have kept it at the forefront of Mumbai's Grade-A office market, making Brookfield's expanded ownership a strategic long-term bet on the city's commercial growth.


Time of India
21-05-2025
- Business
- Time of India
IndiGo to launch Europe and UK flights from July
NEW DELHI: For the first time since Jet Airways' collapse, Air India will no longer be the only Indian airline with flights to Europe and the UK. Expanding its footprint, IndiGo will from July 1 launch thrice weekly flights between Mumbai & Manchester. And from next day, IndiGo will start nonstops between Mumbai & Amsterdam. Both these thrice weekly routes will be launched using the wet leased Boeing 787-9 Dreamliners (hired with operating crew) of Norse Atlantic. With IndiGo going to add long hauls using its own and wet leased planes, international travellers to and from India will have more desi airlines to choose from.