Tata-Jet Airways deal to fructify only if Naresh Goyal forgoes board seat: report
Updated : November 16, 2018 10:33 AM IST
Tata Sons will on Friday take up the proposal at its board meeting, which will focus on the conglomerate's investments in Jet Airways, sources told the newspaper.
The report said that since the merger with Vistara and Jet Airways is on the cards, the group is likely to phase out the Jet brand completely after the deal.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more