Etihad in talks with Jet for investment: Ajit Singh

Tags: News
Abu Dhabi's Etihad Airways is in talks with Jet Airways for a potential investment in the Indian carrier, India's Civil Aviation Minister Ajit Singh said on Thursday, without giving any details of the possible deal.

"The government's role is to make sure that whatever agreement they come to is within the regulatory framework," he told reporters after a meeting with Jet Chairman Naresh Goyal and Etihad Chief Executive James Hogan.

The deal, if closed, will be the first since India relaxed ownership rules in September last year and allowed foreign investors to buy up to 49 percent in domestic carriers that are battling stiff competition and high operating costs.


  • Modi must clearly say that preservation of cows is not about manslaughter

    Instead of in-fighting between hindus and muslims, India should fight poverty and maintain its values of diversity and tolerance, as advised by Presid


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Urs Schoettli

America lacks will to contain China

Recently both the Chinese leader Xi Jinping and Indian prime ...

Zehra Naqvi

Exercise gets creative juices flowing

Ever known that feeling of being sluggish and drowsy, of ...

Bubbles Sabharwal

You are what you believe yourself to be

The Gita says a man is what his shraddha is. ...


William D. Green

Chairman & CEO, Accenture