Jet Airways takes off
By
Research Desk
about 11 years ago
Jet Airways is currently the top gainer on the BSE, up 4% at Rs.517.45, with an intra day high at Rs.522.35.
The stock is buzzing in the morning trades today on news that the Jet-Etihad deal may be finalised within a month. This removes a lot of uncertainty over the deal. The issue related to Investment Protection Agreement (BIPA) remains unresolved but the Govt has assured that it is finding ways to reassure the UAE about its investment in India and the deal is expected to go through even before the BIPA gets finalized.