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Jet Airways likely to get $35 million emergency funding from Etihad, says report

Updated : January 23, 2019 09:28 AM IST

The amount that is being considered will last for the next few weeks during which Etihad, along with banks, plans to approach market regulator Sebi on the pricing for fresh equity, the report said. 
Etihad’s legal counsel, the report said, has advised Jet Airways that the RBI’s revised framework on the resolution of stressed assets provides some relaxations, which could enable Etihad to chip in equity.
Jet Airways likely to get $35 million emergency funding from Etihad, says report

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