India business news: new delhi, aug 29 the supreme court today asked bjp leader subramanian swamy to file an amended plea, seeking to quash an alliance between jet airw. Jet-etihad deal is bad for passengers, industry: jitendra bhargava - jitendra bhargava, former executive director of air india and aviation industry veteran, on thursday challenged the rs 2,058 crore alliance of jet airways and etihad airways in the competition appellate tribunal or compat, in spite of the deal-is-fair clearance given by the. New delhi, oct 27 (pti) the supreme court today said it would hear after eight weeks bjp leader subramanian swamy's plea seeking quashing of the deal between jet airways and abu dhabi-based etihad airways.
Etihad unlikely to gain from jet deal soon in thai carbon black com-pany to another group firm gupta declined to elabo-rate whether this strategy. 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 abu dhabi-based etihad airways, after 12 weeks. Jet airways today approved the much awaited 24% preferencial share allotment to etihad airways the deal has been going back and forth for sometime now jet airways also approved the induction of etihad ceo and cfo on its board. On 1 st may 2013, the competition commission of india (hereinafter referred in jet by etihad and in relation to all the rights and benefits which the parties.
The stake sale had been delayed for close to six months on concern from indian regulators that etihad would use its stake to gain control of jet. Jet’s deal with air france-klm could put etihad in the shade 29 nov, 2017, 1154am ist jet’s chairman naresh goyal didn’t rule out the possibility of a stake sale in future, although he clarified that no talks on a strategic partnership were currently on.
The pmo also asserts there are no differences within the government over the air services agreement between india and abu dhabi as the rs 2,058 crore deal between india’s leading private carrier jet airways and etihad of abu dhabi kicked off controversy and evoked sharp political reactions, the. The foreign investment promotion board on friday deferred a decision on abu dhabi-based etihad airways planned 24% stake buy in naresh goyal-led jet airways.
Abu dhabi has asked for an increase in seat capacity post jet-etihad deal if indian government agrees, more fliers will use etihad than air india this will spell disaster for the country's national carrier | jet-etihad deal is a death knell for air india: trivedi. 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 the takeover code. 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 of missing aviation policy. Alleging that foreign direct investment by etihad airways — national carrier of the united arab emirates — into indian aviation giant jet airways was just another way of compensating for bribes paid b.
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Get all the latest news and updates on jet etihad deal only on news18com read all news including political news, current affairs and news headlines online on jet etihad deal today. Jet-etihad deal on april 24 jet airways and etihad signed the strategic alliance the etihad agrees to buy a 24% stake in the jet for about rs 2,060 crore.
The supreme court on friday said it would hear after eight weeks bjp leader subramanian swamy's plea seeking quashing of the deal between jet airways and abu dhabi-based etihad airways. The foreign investment promotion board (fipb) on monday approved the jet airways deal to sell a 24-per cent stake for rs 2,058 crore to abu dhabi-based etihad airways - with some riders. Jet airways’ plans to sell 24 per cent stake to abu dhabi-based etihad has hit yet another air pocket the government is now examining whether nri owner naresh goyal’s share in the airline should be c. Jet-etihad deal: etihad rejects securities law violation the rs 2,060-crore jet-etihad deal seems to have hit a fresh round of regulatory turbulence, with the abu dhabi carrier rejecting any obligation to make an open offer for minority shareholders of the indian carrier.Download