Wednesday, June 18, 2008

Jet Airways denies talking to Reliance for stake sale

Mumbai: Country's largest private carrier Jet Airways on Tuesday denied media reports that the company is talking to Mukesh Ambani-led Reliance Industries for selling stake in the airline.
In a filing with the Bombay Stock Exchange, Jet Airways said that media report concerning sale of stake to Reliance Industries was "not correct".
A leading newspaper has reported that Reliance Industries was in talks with the management of Jet Airways for picking up 6-7 per cent stake in the airline.
17/06/08 PTI/Economic Times
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