Jet Airways shares gain over 7% on Cabinet nod to Etihad deal

Shares of Jet Airways on Friday soared over 7 per cent after the Union Cabinet cleared the company's proposed sale of 24 per cent equity to Abu Dhabi-based Etihad. Cheering the move, shares of Jet......

Will banks bail out debt-laden Jet Airways?

Switching to a damage-control mode, bankers and government officials claimed that Jet Airways wouldn’t fall even if Etihad refuses to back the resolution plan and exits. A day after Etihad......

Tatas may decide on buying Jet Airways on Friday

The board of Tata Sons is likely to meet on Friday to discuss a proposal to take over the Naresh Goyal-controlled Jet Airways, which is looking for investors to tide over liquidity crunch that it......

FIPB defers decision on Jet-Etihad deal

The Foreign Investment Promotion Board (FIPB) on Friday deferred a decision on Rs 2,000-crore (Rs 20 billion) Jet-Etihad deal, the largest foreign investment in the Indian aviation sector, and......