Jet Etihad Deal

  • Fresh trouble for Jet-Etihad deal; Singapore begins scrutiny June 19, 2014

    Singapore: In fresh trouble for Indian carrier Jet Airways' alliance with Abu Dhabi's Etihad, fair trade watchdog in Singapore has begun a scrutiny of the deal to probe any possible violation of its competition laws. The deal, which involves purchase of a 24 per cent stake in Naresh Goyal-led Jet...
  • SEBI issues notice to Etihad on Jet deal: Report February 17, 2014

    Mumbai: The Securities and Exchange Board of India (SEBI) has issued a show-cause notice to Etihad Airways, asking whether the Abu Dhabi-based carrier violated takeover rules in acquiring a 24 per cent stake in Jet Airways, a source with direct knowledge of the matter said. SEBI issued the notice to Etihad...
  • SEBI issues notice to Etihad on Jet deal: Sources February 16, 2014

    Mumbai: The Securities and Exchange Board of India (SEBI) has issued a show-cause notice to Etihad Airways, asking whether the Abu Dhabi-based carrier violated takeover rules in acquiring a 24 percent stake in Jet Airways, a source with direct knowledge of the matter said. SEBI issued the notice to Etihad...
  • SC notices to Centre, others on plea against Jet-Etihad deal October 8, 2013

    The Supreme Court on Tuesday sought response from the Centre on a petition filed by BJP leader Subramanian Swamy seeking a stay on the Jet-Etihad Airways deal. The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and UAE's Etihad Airways on the petition challenging the deal...
  • SC to hear PIL by Subramanian Swamy challenging Jet-Etihad deal October 8, 2013

    The Supreme Court will hear a PIL by BJP leader Subramanian Swamy challenging the Jet-Etihad deal permitting UAE's national carrier to acquire 24 percent stake in the Indian airline and its approval by the government. A bench of Chief Justice P Sathasivam and Justice Ranjan Gogoi said that the matter would...
  • Union Cabinet clears Jet-Etihad stake sale deal October 4, 2013

    Paving the way for the biggest ever foreign investment in India's aviation sector, the Union Cabinet on Thursday cleared Jet Airways' proposed sale of 24 per cent equity to Abu Dhabi-based Etihad, days after the Rs 2,058 crore deal got regulatory clearances. "Yes, it has been cleared," said Civil Aviation Minister...
  • Jet-Etihad deal to come up for clearance in Cabinet today October 3, 2013

    New Delhi: The Jet-Etihad deal is likely to get clearance from the Cabinet Committee of Economic Affairs on Thursday. Etihad Airways is seeking regulatory approval for its planned Rs 2,058 crore stake in Jet Airways. As per the deal, Etihad will nominate three executives on Jet board. According to reports, Etihad...
  • Union Cabinet approves India-Abu Dhabi air services accord September 4, 2013

    The India-Abu Dhabi bilateral air services agreement, which ran into controversy following the Jet-Etihad deal, was approved by the government on Tuesday enabling their airlines to fly 50,000 seats each week, up from the current level of 13,700. The agreement received post-facto approval of the Union Cabinet at a meeting chaired...
  • How Etihad plans to change the way Jet Airways operates August 19, 2013

    Etihad Airways's Australian CEO James Hogan doesn't have to think too hard about what to say. This week, he said: "Etihad will discuss ways to further integrate the two networks and help the airline achieve efficiency, build revenue and reduce costs." He wasn't talking about Jet Airways, his most high-profile investment...
  • Jet launches week-long sale of low-fare domestic tickets August 4, 2013

    New Delhi: Taking on competition from no-frill carriers, Jet Airways on Saturday launched a week-long sale of seven lakh low-fare domestic air tickets to attract air travellers who could use them to fly from August 10 onwards. The one-way economy fares would be Rs 1,777, Rs 2,777 and Rs 3,777 for...
  • India @ 9 with Rajdeep Sardesai July 29, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • News 360: IAS officers rally behind Durga, Oppn says sand mafia pressured Akhilesh govt July 29, 2013

    The Uttar Pradesh government on Monday came under severe attack from the opposition, the IAS body and retired bureaucrats over suspension of IAS officer Durga Shakti Nagpal, who had cracked down on the sand mafia in Greater Noida. ...
  • FIPB to discuss Rs 2,058 crore Jet-Etihad deal today July 29, 2013

    New Delhi: The Foreign Investment Promotion Board (FIPB) on Monday will discuss the contentious Rs 2,058 crore Jet-Etihad deal. The FIPB had earlier deferred approval to the deal on the basis of certain provisions in the previous shareholders' agreement and commercial cooperation agreement, which it said gave more powers to...
  • Wider consultation needed on Jet-Etihad deal: BJP to PM July 21, 2013

    New Delhi: Raising concerns over the Rs 2,058 crore Jet-Etihad deal, a BJP MP has written to Prime Minister Manmohan Singh for "wider inter-agency consultations" on the serious technical issue of 'control' in the proposed FDI deal. Nishikant Dubey, the MP from Jharkhand, has alleged that the proposed agreement between Naresh...
  • Jet likely to relocate its network, revenue management to Abu Dhabi: Sources July 9, 2013

    Sources said the co-operative board of the company will have control with 19 foreign nationals nominated by Etihad. ...
  • 'Jet's plan to relocate ops after Etihad deal inconsistent with norms' July 8, 2013

    New Delhi: The Jet-Etihad deal, which is under the scanner by various regulatory bodies, has hit turbulence once again. Fresh questions are being raised over Jet Airways' commercial pact with Etihad. Jet's plan to relocate operations and core functions to Abu Dhabi has raised eyebrows as the proposed plan is not...
  • Civil Aviation Minister to send a note to Cabinet on Jet-Etihad deal July 8, 2013

    New Delhi: Civil Aviation Minister Ajit Singh is all set to send a note to the Cabinet on the India-Abu Dhabi bilateral Jet-Etihad deal. The Prime Minister's Office had written a note to the Civil Aviation Minister in June to get the seat sharing deal approved by the Cabinet. Several complaints...
  • Ajit Singh meets Sonia Gandhi amidst Jet-Etihad deal row July 4, 2013

    New Delhi: Civil Aviation Ajit Singh on Thursday met Congress President Sonia Gandhi amidst concerns over the Jet-Etihad deal. Ajit Singh has been defending the deal while questions have been raised on it. Sources say Ajit Singh is upset over a PMO note issued earlier this week, which made it clear...
  • Video: Aviation Minister Ajit Singh defends Jet-Etihad deal July 3, 2013

    Aviation Minister Ajit Singh has once again defended the impending Jet-Etihad deal. "We have to consider the passengers convenience, the connectivity, which airlines are there, financial strength and our airlines, said Aviation Minister. ...
  • Subramanian Swamy alleges irregularities in AirAsia deal July 3, 2013

    New Delhi: Janata Party President Subramanian Swamy, who had been vocal about his criticism of the Jet-Etihad deal, on Tuesday, had written a letter to Prime Minister Manmohan Singh on the AirAsia deal. Subramanian Swamy has raised questions of corruption involved in the deal. "It is the duty of the Opposition...
  • News 360: Naxals ambush police convoy and kill SP, 4 other policemen July 2, 2013

    Naxals ambushed a police convoy in Jharkhand and killed the Pakur Superintendent of Police and 4 other policemen. The incident took place a month after the attack on Congress leaders in Sukma. ...
  • Pros and cons of Jet-Etihad deal July 2, 2013

    New Delhi: Even as controversy rages over the Jet Airways-Etihad deal, the UAE-based airline's 2,058 crore investment is likely to encourage other international airlines planning to invest in India. If the deal goes through, then the passengers will get benefit from Etihad's global network. As the Jet-Etihad hub will be located...
  • I believe the Jet-Etihad deal will go through: Karma Paljor July 2, 2013

    The Cabinet Secretary has called a meeting of secretaries to discuss the Jet-Etihad deal on Prime Minister Manmohan Singh's instructions and sources say that this big ticket deal could be put into cold storage. Sources say the PMO has asked Ministry of Civil Aviation to look into concerns surrounding the...
  • Big questions and pointers of the Jet-Etihad deal July 2, 2013

    New Delhi: The deal between Jet Airways and Etihad seems to have hit a fresh roadblock with the government divided on the domestic airlines' 24 per cent stake sale to the Abu Dhabi-based carrier. The Prime Minister's Office has asked Civil Aviation Ministry to allay concerns over the deal and...
  • Government split over Jet-Etihad deal, Jet stock plunges July 2, 2013

    Mumbai: The deal between Jet Airways and Abu Dhabi-based Etihad seems to have hit a fresh roadblock with the government divided on it. The Prime Minister's Office has asked Civil Aviation Ministry to allay concerns over the deal and has instructed the Cabinet Secretary to hold a meeting to discuss...
  • Regulator bodies looking into concerns surrounding Jet-Etihad deal: Ajit Singh July 2, 2013

    New Delhi: Civil Aviation Minister Ajit Singh on Tuesday tried to play down the issues surrounding Jet Airways' deal with Abu Dhabi-based Etihad and said the concerns raised on the deal are being addressed by the regulatory bodies. The Minister, who is in favour of Jet's planned 24 per cent stake...
  • PMO asks Aviation Ministry to allay concerns over Jet-Etihad deal: Sources July 2, 2013

    New Delhi: The Cabinet Secretary has called a meeting of secretaries to discuss the Jet-Etihad deal on Prime Minister Manmohan Singh's instructions and sources have told CNN-IBN that this big ticket deal could be put into cold storage. Sources have said the PMO has asked Ministry of Civil Aviation to...
  • Jet-Etihad deal: PMO seeks clarification from Ministry of Corporate Affairs July 1, 2013

    New Delhi: The Prime Minister's Office has sought clarifications from ministries concerned, including Ministry of Corporate Affairs, on the proposed Rs 2,058 crore Jet-Etihad deal. The Cabinet Secretary is likely to chair a meeting on security concerns over Jet-Etihad deal on Tuesday. The PMO has already asked Finance Ministry and Commerce...
  • Prime Minister's Office seeks clarification on Jet-Etihad deal June 30, 2013

    New Delhi: The Prime Minister's Office has sought clarifications from ministries concerned, including Commerce and Industry, on the proposed Rs 2,058 crore Jet-Etihad deal. The deal, largest foreign investment proposal in the aviation sector, is facing regulatory hurdles with various ministries raising major concerns over the ultimate control of Jet...
  • Jet Airways shareholders approve Etihad deal May 24, 2013

    Mumbai: Shareholders in Jet Airways approved an agreed sale of a 24 per cent stake in the airline to Abu Dhabi's Etihad Airways, a senior executive at the Indian carrier said on Friday. Jet Airways, however, deferred seeking shareholder approval for a new set of "Articles of Association" as it awaits...