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big story

Lok Sabha 2019 election results: NDA crosses magic figure of 272

272/543
L :342
W :0
L :88
W :0
NDA :0 | Need 271 More Seats to win
Need 271 More Seats to win | UPA : 0
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 342
2014 : 354 Seats
BJP
288
+
SS
19
+
Other
35
UPA : 88
2014 : 66 Seats
INC
52
+
DMK
22
+
Other
14
OTH : 109
2014 : 107 Seats
TMC
23
+
YSRCP
20
+
Other
66
VIDEOS
Aviation

Jet Airways revival: SBI chairman to meet SEBI chairman on Etihad's proposal

Updated : January 23, 2019 11:07 AM IST

The State Bank of India (SBI) chairman is set to meet the Securities and Exchange Board of India (SEBI) chief on the proposal to revive Jet Airways, sources told CNBC-TV18.

Etihad Group CEO Tony Douglas earlier wrote to SBI, saying that the airline will invest in Jet only at Rs 150 per share. Etihad wants an exemption from Sebi on preferential pricing and open offer guidelines in order to invest more money in jet for its bailout.

If one goes by the high-low of the last six months, the offer should have been Rs 262, however, it stands much lower now.

"Jet Airways will not be able to continue funding its operation beyond the current week and Etihad is willing to immediately release $35 million if their conditions are met," Douglas had written.
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