April 12, 2026 03:02 pm (IST)

Make this your homepage

All Finance

Legendary singer Asha Bhosle suffers cardiac arrest, hospitalised | Big boost to India–Mauritius ties: S. Jaishankar hands over 90 e-buses | Middle East tension: Iranian delegation arrives in Islamabad for major talks, 10,000 security personnel deployed | Ranveer Singh visits RSS HQ amid Dhurandhar 2 success, triggers speculation | ED raids ex-Bengal minister Partha Chatterjee; SSC scam resurfaces ahead of polls | Amit Shah promises UCC, ₹3,000 aid per month for women and youth in BJP’s Bengal manifesto | Nitish Kumar takes Rajya Sabha oath; power shift looms in Bihar | Sting video fallout: AIMIM snaps electoral ties with Humayun Kabir in Bengal | Israel says Hezbollah chief’s nephew-cum-secretary killed in Beirut strikes last night | Modi slams TMC on trade, fisheries at Haldia; vows 7th pay commission for govt employees

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

India Blooms News Service | | Feb 19, 2016, at 11:43 pm

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."

#Jet Airways # Jet Ethihad stake

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.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

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 May 13, 2023, at 08:39 pm