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)
Trending On Reuters
India's economic growth expectedly eased in the quarter through December, data showed on Monday, adding pressure on Prime Minister Narendra Modi's administration to expedite stalled reforms in the upcoming parliament session. Full Article