Jet Airways Landing in Mumbai

Jet Airways slumps after Etihad approval deferred

Jun 18, 2013    

MUMBAI (Reuters) - Shares in Jet Airways Ltd(JET.NS) fell as much as 12.6 percent in early morning trade after the foreign investment regulator deferred a decision on Etihad Airways' planned 24 percent stake buy in the airline.India's Foreign Investment Promotion Board (FIPB) on Friday asked for more details on "effective control" and ownership of the Indian carrier post the stake ...

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