L&T looks overseas to offset weak home market; Q4 net profit falls
India's largest engineering and construction group, will look overseas to offset a weak economy and project bottlenecks at home that led to a bigger-than-expected profit drop. Article | Full Coverage
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Jet Airways falls on Etihad deal worries
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A Jet Airways passenger plane takes off from Sardar Vallabhbhai Patel International Airport in Ahmedabad February 1, 2013.
Credit: Reuters/Amit Dave/Files
Reuters Market Eye - Shares in Jet Airways Ltd (JET.NS) fall as much as 3.4 percent, hitting their lowest since December 4, on continued concerns about whether the carrier will clinch a deal to sell its stake to Abu Dhabi-based carrier Etihad Airways.
Shares in Jet Airways fell 14.5 percent last week after Etihad Chairman Sheikh Hamed bin Zayed al-Nahayan told Reuters on February 17 that it was too soon to say when a final agreement between the two carriers would be struck.
(Reporting by Abhishek Vishnoi)
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