MUMBAI Shares in Jet Airways (JET.NS) rose over 10 percent on reports of a stake sale to Etihad Airways, dealers said.
Shares had gained 50.6 percent in November as of Friday's close after India said it is open to further reforms to lure overseas investors into its airlines. (Reporting by Abhishek Vishnoi and Manoj Dharra; Editing by Subhranshu Sahu)
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The Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017. Full Article