India business news: after an almost six-month wait, the $900-million (over rs 5,300-crore) jet airways-etihad deal has finally got the nod to take off. Jet airways’ proposed sale of a 24 per cent stake to abu dhabi-based etihad has got the sebi’s go-ahead after both carriers revised their deal to comply with. India's cabinet approves etihad airways' plan to buy a 24% stake in jet airways for $379m (£248m.
Book your airline tickets online with jet airways, one of india's favorite airlines avail our special offers and deals on domestic and international flights. Jet airways is likely to sign the stake sale deal with etihad between january 22 and february 3, exclusive sources told cnbc-tv18 both companies are currently. The first deal after fdi norms have been changed in the aviation sector of india on 24th apr, jet and etihad announced the acquisition of 24 percent.
Jet etihad deal - download as powerpoint presentation (ppt / pptx), pdf file (pdf), text file (txt) or view presentation slides online. In the absence of the aviation policy, all decisions in aviation sector are left to the whims and fantasy of the ministry | jet-etihad deal: curious case. Jet airways is a major indian the deal was back on track with jet airways agreeing etihad airways planned to buy a stake in the airline following.
The pmo also asserts there are no differences within the government over the air services agreement between india and abu dhabi. Jet-etihad deal hits sebi, dipp roadblock ahead of the foreign investment promotion board’s (fipb’s) meeting to discuss the rs 2,060-crore jet-etihad deal, the. India’s foreign investment regulator gave conditional approval on monday for a $379 million deal by abu dhabi’s etihad airways to buy a stake in jet airways.
The supreme court today said it would start the final hearing on the plea of bjp leader subramanian swamy, seeking the quashing of the deal between jet airways and. Jet-etihad deal: big investment, no control published on sat, apr 27 10:11, updated at thu, may 02 at 18:26 source : cnbc-tv18 | watch video . On 8 may, 2014, a whole time member of sebi passed an order holding that etihad airways' investment of 24% of the total equity share capital of jet airways and the.
Jet- etihad deal cleared by sebi sebi holds no open offer required under the takeover code the ambit of 'control' under the competition act is wider than that under. India's foreign investment regulator gave conditional approval on monday for a $379 million deal by abu dhabi's etihad airways to buy a stake in jet. Jet etihad deal news and updates from the economictimescom. Read more about all you need to know about jet-etihad deal on business standard jet airways today approved the much awaited 24$ preferencial share allotment to.
By mehreen zafar securities and exchange board of india (“sebi”) passed an order dated 08 may, 2014 concerning the matter of acquisition of shares of jet. In jet by etihad and in relation to all the rights and benefits which the parties have commercially agreed upon in the amended sha, cca and cgc. New delhi, june 14: the foreign investment promotion board (fipb) today deferred a decision on jet airways’ 24 per cent stake sale to abu dhabi-based etihad.Download jet etihad deal`