MARKET EYE-Jet Airways shares rise on Etihad deal hopes

Fri Jan 25, 2013 12:51pm IST

Related Topics

Stocks

   

* Shares of Jet Airways Ltd gain 5 percent on
continuing speculation that Abu Dhabi's Etihad Airways will buy
a stake in the carrier, the first such investment by a foreign
carrier in an Indian airline since rules were relaxed last year.
* Etihad will finalise a deal to buy a stake in India's Jet
Airways on Friday, CNBC TV18 reported earlier this week.
 
* The Gulf carrier could pay up to $330 million for a 24 percent
stake in Jet, India's second-biggest carrier, a senior
government source told Reuters earlier this month.
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Rising Inflation

Rising Inflation

Food prices push inflation up, limit RBI's room to act.  Full Article 

New Direction

New Direction

New CEO Nadella pushes data culture at Microsoft.  Full Article 

Infosys Results

Infosys Results

Infosys says staff exodus a worry after Q4 profits beat estimates  Full Article 

Deal Talk

Deal Talk

Diageo in $1.9 billion bid to raise stake in United Spirits.  Full Article 

Reuters Poll

Reuters Poll

Domestic fund managers start to bet on own economy  Full Article 

S&P on India

S&P on India

India's policy reforms to affect sovereign ratings - S&P.  Full Article 

Toyota's Performance

Toyota's Performance

After two bumper years, Toyota braces for shift to slower growth.  Full Article 

Third Gender

Third Gender

Supreme Court recognises transgenders as third gender in landmark ruling.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage