Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.
The parent company, UB Group, is willing to pump in money.
The company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.
Jet Airways shares fall as much as 13.6 per cent after media reported that the deal with Etihad may be called off.
The money will be used to develop products jointly.
A source at the CBI told Reuters that officials were likely to file charges related to the broader case as early as Friday but did not specify whether those might included Bharti.
Investors including units of Morgan Stanley and Citigroup have agreed to buy 28.3 million shares of Bharti Infratel at Rs 230 apiece.
Tax collections appear to be on a roll this fiscal
Foreign travels could come under closer watch of the income-tax department from the next fiscal year.
CA Computer Associates India Pvt Ltd, which has an approval for setting up an infotech SEZ in Ranga Reddy district of Andhra Pradesh, has informed the commerce ministry that it is withdrawing its application.
India and the United States are considering yet another initiative to boost bilateral economic relations. Both sides are now mulling a Private Sector Advisory Gr
While the high-end bikes will not enjoy any cuts on import duty, the commerce ministry has now mooted capping the number of such bikes to be imported in a year.
India has offered further pruning of its negative list of 560 items for Association of South East Asian Nations on which there will be no duty cuts
The next Budget is likely to see significant changes in the duty structure for the gems and jewellery sector