Jet Airways shares fall as much as 13.6 per cent after media reported that the deal with Etihad may be called off.
Higher food prices can accelerate broader inflation by pushing up wages, while negatively impacting the government finances and reducing monetary policy flexibility, Moody's said in a report.
The wholesale price index, the main inflation indicator, rose an annual 6.84 per cent in February, higher than the 6.54 per cent rise estimated by analysts.
It believes that there had been "little progress" in structural reforms.
The FinMin has built up a cash surplus of about Rs 80,000 crore.
India will soon allow corporate houses to open banks despite misgivings within the RBI.
The warning late on Wednesday came as a surprise given Tata shares hit a record high earlier this month on a rally sparked by expectations for improving sales at JLR, especially in the key China market, and optimism about the launch of new models.
The money will be used to develop products jointly.
It said that the company encourages "chronic under-performers" to leave as part of its staff management.
The software services provider looks to cut costs and boost sales.
CEO Rana Kapoor said no such discussion or proposition has ever transpired.
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.
An estimated 177 million Muslims in India, the largest Muslim minority population in the world, are unable to use Islamic banks because laws covering the sector require banking to be based on interest, which is forbidden in Islam.
Investors including units of Morgan Stanley and Citigroup have agreed to buy 28.3 million shares of Bharti Infratel at Rs 230 apiece.
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