You are here: Home » Companies » News
Committee considers pro-rata debt servicing for IL&FS 'amber' firms
icon-arrow-left
DHFL stock falls 17.5% after it stops premature withdrawal of deposits
Business Standard

Banks may hold 20% in Jet Airways to make Etihad-Hinduja deal fly

Banks will hold the stake for up to two years

Topics
Jet Airways Crisis  |  Etihad Airways  |  State Bank Of India

Arindam Majumder  |  New Delhi 



Jet Airways
Jet Airways

Banks might agree to acquire up to a 20 per cent stake in Jet Airways as the Hinduja group is not keen to exceed its shareholding beyond 30 per cent in the grounded airline, sources close to the development said a day ahead of a crucial meeting at the Etihad headquarters in Abu Dhabi.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, May 23 2019. 01:04 IST

RECOMMENDED FOR YOU

.