Jet Airways gains; chairman Goyal sells partial stake
Quotes

Jet Airways gains; chairman Goyal sells partial stake

Last Updated: Tuesday, November 19, 2013, 11:45
 
 Comment 0
 
Jet Airways gains; chairman Goyal sells partial stake
Mumbai: Shares in Jet Airways (India) Ltd gain 3 percent after Tail Winds Ltd, a private investment arm owned by the carrier's promoter and chairman Naresh Goyal, sold about 7.9 percent of his 75 percent holding in Jet for around 2.10 billion rupees.

Tail Winds sold 2 million shares of Jet Airways for 310.07 rupees a share, NSE data shows, which shows Deutsche Securities Mauritius Ltd buying 1.26 million shares for 310 rupees a piece.

Dealers say the bulk sale is seen as a step in the completion of a 24 percent stake sale to Abu Dhabi's Etihad Airways. The competition regulator on November 12 approved Etihad's $325 million deal to buy a 24-percent stake in Jet Airways, the regulator said on its website.



Reuters

First Published: Tuesday, November 19, 2013, 11:45


Comments


comments powered by Disqus
Forbes 2015 Rich List
Forbes 2015 Rich List
Audi TT Coupé
Audi TT Coupé
Shanghai Auto Show 2015
Shanghai Auto Show 2015
PM Narendra Modi in France
PM Narendra Modi in France
PM Modi`s Make in India push in Germany
PM Modi`s Make in India push in Germany

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved