Last Updated: Tuesday, November 12, 2013, 21:55
Paving way for closure of long- pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 percent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.
Last Updated: Sunday, October 27, 2013, 11:07
Naresh Goyal-promoted Jet Airway's proposed sale of 24 percent stake to Abu Dhabi-based carrier Etihad has already received the government clearance.
Last Updated: Thursday, October 24, 2013, 20:41
Shares of Jet Airways on Thursday slipped by about two percent down after the Naresh Goyal-run airline reported its worst quarterly loss of Rs 891 crore.
Last Updated: Thursday, October 24, 2013, 10:12
Jet, which has lost money in the past six years, said on Wednesday it was awaiting approvals from some regulators for the Etihad deal, without specifying.
Last Updated: Wednesday, October 23, 2013, 18:41
The Naresh Goyal-run Jet Airways Wednesday reported a eight-fold jump in losses at Rs 891 crore in the September quarter due to the fall in rupee and poor market conditions coupled with grounding of some of its aircraft.
Last Updated: Friday, October 4, 2013, 10:34
Shares of Jet Airways on Friday soared over 7 percent after the Union Cabinet cleared the company's proposed sale of 24 per cent equity to Abu Dhabi-based Etihad.
Last Updated: Thursday, September 26, 2013, 18:48
The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.
Last Updated: Monday, July 29, 2013, 19:10
Shares of the company settled 4.22 percent higher at Rs 412.20 on the BSE. Intra-day, the stock gained 9.96 percent to Rs 434.90.
Last Updated: Friday, July 26, 2013, 15:27
As per the revised shareholding agreement, Etihad would have two directors on the board after the deal, as against the earlier proposal of four directors in the 10-member board, sources said.
Last Updated: Tuesday, July 16, 2013, 23:46
Jet Airways will seek its shareholders' nod to elevate promoter Naresh Goyal's daughter Namrata and son Nivaan at the company's Annual General Meeting slated early next month.
Last Updated: Wednesday, July 10, 2013, 17:52
According to these sources, the FDI holding, including the NRI investment by Jet Chairman Naresh Goyal, would be 88.57 percent.
Last Updated: Wednesday, July 3, 2013, 19:32
Goyal, who had a short meeting with the minister, did not speak to mediapersons at the North Block headquarters of the Finance Ministry.
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