Jet Airways stock spikes 42% in four sessions as deal talks with Tatas draw closer
Updated : November 16, 2018 02:07 PM IST
Jet Airways shares have gained over 42 percent in the last four days.
Tata Sons chairman N Chandrasekaran is pitching for the acquisition of cash-strapped Jet Airways, even as Chairman Emeritus Ratan Tata has reservations about the proposed deal, multiple sources told CNBC-TV18.
The government is also keen to see Jet-Tata deal go through as it doesn't want another full service carrier to face bankruptcy.
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.