Media reports said that the deal will see an inflow of $379 million (Rs 2,500 crore).
Etihad is planning to complete acquisition of a 24% stake in Jet Airways by September 20 as all regulatory clearances are expected to be in place, according to reports.
Media reports said that the deal will see an inflow of $379 million (Rs 2,500 crore).
Cabinet Committee on Economic Affairs (CCEA) cleared a proposal for additional air services between India and Abu Dhabi.
Earlier On April 24,Jet announced its deal with Etihad.
The deal has received approval from Foreign Investment Promotion Board (FIPB), the central government agency and from the Cabinet Committee on Economic affairs.
Etihad is planning to complete acquisition of a 24% stake in Jet Airways by September 20 as all regulatory clearances are expected to be in place, according to reports.
Media reports said that the deal will see an inflow of $379 million (Rs 2,500 crore).
Cabinet Committee on Economic Affairs (CCEA) cleared a proposal for additional air services between India and Abu Dhabi.
Earlier On April 24,Jet announced its deal with Etihad.
The deal has received approval from Foreign Investment Promotion Board (FIPB), the central government agency and from the Cabinet Committee on Economic affairs.
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