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Naresh Goyal likely to relinquish Jet Airways' controlling stake to Etihad; layoff continues as crisis deepens
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Naresh Goyal likely to relinquish Jet Airways' controlling stake to Etihad; layoff continues as crisis deepens

If the deal takes place, Etihad's holding in Jet Airways will increase up to 49 percent, the maximum permissible limit for a foreign company in the country.