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Business deals

Jet Airways chief Goyal resigns, clearing way for turnaround

Banks to extend lending and pump $200m into trouble airline

MUMBAI -- Jet Airways founder and Chairman Naresh Goyal on Monday stepped down as chairman of the board, making way for lenders led by State Bank of India to take control of the troubled airline and provide a 15 billion rupee ($217.7 million) capital injection.

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