December 25, 2024 07:55 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people

Jet Airways denies rise in Etihad stake as reported in its letter to BSE

| | Feb 19, 2016, at 11:43 pm
#Jet Airways # Jet Ethihad stake
Mumbai, Feb 19 (IBNS) Jet Airways, in its reply to a clarification sought by the Bombay Stock Exchange (BSE), on Friday said that the news that 'Etihad is set to raise its stake in Jet Airways to 49% from 24%' as published in a newspaper is a rumour and no such move is under contemplation.
 
Earlier on Friday, Jet Airways shares rose as much as 5 per cent, according to media reports.
 
The BSE had sought a clarification from the airlines regarding the news and the upward movement of the share price.
 
Jet Airways, in its reply, denied the news, saying, "news item is a rumour and is speculative in nature and no such move is under contemplation. Clarification to this effect has already been provided to Financial Express and the same has since been reported by them."
 
In its reply, the airlines also said, "The Company has been following a consistent corporate governance policy of disclosing all events and information that have bearing on the operation/performance of the Company pursuant to decisions taken by the Board of Directors of the Company from time to time but refrain from commenting on any such news items, to avoid any speculative activity."
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Gautam Adani meets Bangladesh PM Sheikh Hasina
Gautam Adani meets Bangladesh PM Sheikh Hasina Sep 06, 2022, at 06:46 am