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Etihad to raise stake in cash-strapped Jet Airways: Source

Etihad to raise stake in cash-strapped Jet Airways: Source Shares in India#39;s Jet Airways jumped over 18 percent on Monday after CNBC TV18 reported earlier on Monday that founder and chairman Naresh Goyal was likely to step down from the board and give up majority control. The report also said that Etihad may infuse more capital into Jet.

from Moneycontrol Business News
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