GMR, GVK have taken up the issue with civil aviation ministry.
The airline notification to an exchange does not name the shareholder. It said the fund-raising would be subject to regulatory and corporate approvals.
The Competition Commission on Thursday imposed Rs 1 crore fine on Abu Dhabi-based Etihad for non-disclosure of full information in the course of seeking approval for its purchase of 24 per cent stake in Jet Airways.
Abu Dhabi-based carrier seeks a cut in premium it had agreed to pay on Jet's stock price
Etihad Airways will now fly daily between Delhi and Abu Dhabi and will launch a new service between Abu Dhabi and Kochi from Monday.
The Gulf carrier could pay up to $330 million for a 24 percent stake.
Images from Saturday's action in the Premier League.
Etihad Airways, the national airline of the United Arab Emirates, has launched its daily services to Mumbai and plans to start thrice-a-week flights from Abu Dhabi to Delhi from December.
The Indian government had given permission for the airlines to operate flights from these destinations, its CEO James Hogan told a press conference in Chennai on Thursday. Once connected to Kolkata and Jaipur, Etihad would have doubled its Indian destinations to eight, ever since it commenced services to Thiruvananthapuram and Kochi last year, before adding New Delhi and the commercial capital of Mumbai.
Etihad has been in talks for a 24 per cent equity stake in Jet, valued at around $300 million, ever since India relaxed ownership rules and allowed foreign airlines to buy up to 49 per cent in local carriers.
Jet will require short-haul Boeing 737s to feed the traffic to Abu Dhabi, Etihad's home base and hub.
While the FIPB has sought more transparency on whether the rules concerning effective control would be followed once the deal fructifies, the Finance Ministry has also written to Sebi for a report on the Jet-Etihad deal, official sources said Wednesday.
The bulk of Indian carriers flying to Dubai are low-cost carriers, which include IndiGo, Air India Express, and SpiceJet.
BJP MP and Janta Part Chief threaten to take the matter to the court.
Manchester City will return to action in the UEFA Champions League on Wednesday against RB Leipzig at the Etihad Stadium.
In the absence of the aviation policy, all decisions in aviation sector are left to the whims and fantasy of the ministry.
Ministry caps number of flights out of Delhi, Mumbai.
In a post on the microblogging platform 'X' on Saturday, passenger Vineeth K said that even though he was getting cheaper fares with Gulf carrier Etihad, he had opted for Air India as it operates a non-stop service to the US.
Inter Milan escaped Etihad Stadium with a surprise 0-0 draw against Manchester City in the Champions League on Wednesday.
Shares of Jet Airways surged 16 per cent to close at Rs 505.7 on Friday on speculation that Etihad Airways might buy 24 per cent in the company.
Anand Sharma said the Rs 2,060-crore Jet-Etihad deal falls in line with new 'control' definition.
Jet settled higher by 2.35 per cent at Rs 623.40 on the Bombay Stock Exchange.
The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.
Naresh Goyal becomes the country's first airline promoter to receive foreign investment.
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Rubbishing the allegation that his ministry went out of its way to facilitate the Jet-Etihad deal, Civil Aviation Minister Ajit Singh said he was open to "any inquiry" into the decision to increase air traffic rights to Abu Dhabi.
A round-up of Saturday's action in the English Premier League.
The move is likely to impact Jet's operations out of Belgium and India.
A summary of Thursday's action in the Premier League.
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
In the India-US sector, for instance, Air India operates 15 stopover flights between Mumbai and Chicago, and Mumbai and New York
The Jet deal would be the first foreign investment into India's aviation market.
Members of Parliament (MPs) across the political spectrum have written to the Prime Minister's Office (PMO) and the Central Vigilance Commission (CVC), seeking a probe into a stake sale deal between Jet Airways (India) Ltd and Gulf-based carrier Etihad Airways.
The West Asian carrier could pay up to $330 mn for a 24% stake in Jet, say sources.
IMAGES from the Premier League matches played across England, on Saturday.
Wright blasts Man City's Haaland for throwing ball at Arsenal's Gabriel
Manchester City squandered a three-goal lead to draw 3-3 with Feyenoord in the Champions League on Tuesday.
Liverpool strolled to a 2-0 victory over Brentford, while Newcastle drew 1-1 at Bournemouth.
Salah's sublime second-half strike leaves Liverpool on 67 points, three ahead of second-placed Arsenal and four ahead of City on a pivotal day in the title race.
