Friday, May 24th 03:17 PM IST

Jet Airways falls 4% despite shareholders' nod to Etihad deal

May 24, 2013    

Mumbai: Even as Jet Airways chairman Naresh Goyal today convinced shareholders that the carrier's deal with Etihad Airways will result in better profits, network expansion and cost trimming, the markets played hardball allowing the firm's stocks to tank nearly 4 percent on the Sensex. The go-ahead by the shareholders to the deal subjected to fulfillment of all regulatory approvals did little to ...

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Naresh Goyal

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