Jet Airways extends losses on Etihad deal worries
Reuters Market Eye - Shares in Jet Airways(JET.NS) are down 4.6 percent at 10.49 a.m. after earlier falling as much as 5.5 percent on continued concerns about whether the carrier will clinch a stake sale to Abu Dhabi-based carrier Etihad Airways.
Shares in Jet Airways have fallen 9.4 percent this week as of Thursday's close after Etihad Chairman Sheikh Hamed bin Zayed al-Nahayan told Reuters on Sunday it was too soon to say when a final agreement between the two carriers would be struck.
(Reporting by Abhishek Vishnoi)
- Tweet this
- Share this
- Digg this
The reformist government that many Indians and free-market flag-bearers had hoped would emerge after this year's election isn't in New Delhi - at least not yet. Rajasthan, derided as a poverty-stricken laggard, has taken the lead on structural reforms that, their backers argue, could also help Asia's No.3 economy as a whole to attract business and employ a fast-growing workforce. Full Article
Hyundai Motor, Kia Motors lift 2014 global sales target on China, emerging markets Full Article