Jet Etihad Deal

A report by aviation consultancy CAPA suggested Etihad may sell its entire 24 percent stake in Jet Airways by Q3FY19.

M&A deals: Sebi mulls 'bright line' rules to define control

In a major step towards bringing greater regulatory clarity for M&A deals, Sebi plans to put in place new guidelines to define 'bright lines' identifying the change of control in such transactions.

COMPAT issues notice to CCI, Jet Airways on Etihad deal

The COMPAT has also issued a notice to the Competition Commission of India (CCI) and Jet Airways seeking an explanation as to what were the grounds on which this deal was cleared.

Daunted by deadlines, CCI to decide on Jet-Etihad on Nov 11

The CCI has been considering this deal for quite some time now, leading to questions on why it was taking so long for it to come to a conclusion on the pact.

Etihad begins ground work to induct Jet Airways

Jet Airways, which posted its biggest ever quarterly loss, expects the deal to close by the end of the calendar year. While the cabinet has cleared the deal, the Competition Commission of India‘s (CCI) approval is still pending.

Aviation reviving, but KFA flight uncertain: Ajit Singh

Union Minister of Aviation Ajit Singh says, the biggest positives for the aviation sector is marked by two landmark pacts - Tata-Singapore Airlines and Jet-Etihad deals.

Jet-Etihad deal almost cleared; key depts give nod: Srcs

Government sources indicate that the Jet-Etihad deal may be ready to take off soon as the Cabinet Committee on Economic Affairs is likely to take up as early as October 3.

Why Jet-Etihad delay will not hamper FDI in other airlines

Also, this is the first FDI deal in aviation space and has its own complexities. Other foreign carriers may switch gears after they find Indian government committed to attract foreign investors, they say.

Looking forward to nod from India on Jet deal: Etihad CEO

Etihad Airways, which is seeking regulatory approval for its planned Rs 2,058 crore stake in India's Jet Airways, today said that it is awaiting a final approval from the Indian authorities for the deal which could enhance its global reach.

SpiceJet in talks with Tigerair for stake sale

No-frills carrier SpiceJet is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale even as they are set to sign a code share agreement soon, sources said.

SpiceJet stock gains on likely Emirates deal

SpiceJet stocks gained on Wednesday after reports that Emirates may be reviving its interest in buying stake in the Indian airline. The foreign airline is reportedly picking up cues from Jet-Etihad deal for its own buyout stake.

FIPB nod to Jet-Etihad deal positive: Experts

Intro: Reacting to the FIPB go-ahead, a panel of experts explain that while the clearance was positive, the whole process resulted in wasting the time of various government departments and officials involved. Amber Dubey of KPMG calls for a debate on the number of approvals needed and a probable discussion regarding the Mayaram report.

FIPB clears Jet Airways-Etihad Airways deal but with riders

The Foreign Investment Promotion Board has cleared the much awaited Jet-Etihad deal, but with riders, say sources. Jet Air is likely to get Rs 2058 by offloading 24 percent stake to Etihad.

Jet surges 17% on hopes of FIPB clearing Etihad deal

Shares of Jet Airways surged 17 percent on the hopes of FIPB clearing the deal soon. Earlier in the day, Etihad had agreed to cut the number of directors in the board to two members.

Govt says it has nothing to do with sale of Jet's slots

Under flak from several MPs over the Jet-Etihad deal, government on Monday said it had "no role to play" in the sale of Jet's slots at London Heathrow airport to the Abu Dhabi-based airline.

CommMin intervenes to ease Jet-Etihad deal through

CNBC-TV18's Rituparna Bhuyan and Siddharth Zarabi report though the Jet-Etihad deal may be facing headwinds on several issues, forceful policy intervention by commerce and industry minister Anand Sharma has ensured the proposed JV will receive approval.

Aviation Min has no role in Jet Air's Heathrow deal: Srcs

The government has no role in slot allocation at Heathrow airport and Jet Airways had obtained necessary approvals before selling its slots to Etihad

Etihad mulls revision of Jet agreement

Etihad Airways is likely to revise its agreement in its Rs 2,058 crore deal with Jet Airways. The reworked arrangement will then be submitted to Indian regulatory authorities by the end of July.

CVC seeks report from Aviation Ministry on Jet-Etihad deal

The Central Vigilance Commission (CVC) sought a factual report from the ministry of Civil Aviation on a complaint of corruption in the deal between Jet Airways and Etihad Airways.

Jet-Etihad likely to extend deal closure date to Nov

The Rs over Rs 2000 crore Jet-Etihad deal was signed on April 24. But due to regulatory and political concerns, both entities have to amend certain clauses in the agreement and make fresh applications to the Sebi and FIPB.

Cabinet note on Indo-UAE air pact to be ready in 10 days

Cabinet note on India-UAE bilateral air traffic enhancement pact will be ready in 7-10 days. Sources told CNBC-TV18's Sumit Jha that the note will not go forinter ministerial comments.

No security threat in Jet-Etihad deal: Ajit Singh

Civil Aviation minister Ajit Singh lashed out at political parties and said the Jet-Etihad deal will go through after both parties fulfil regulatory requirements.

Ajit Singh meets Sonia Gandhi amidst Jet-Etihad deal row

Civil aviation minister Ajit Singh met Congress President Sonia Gandhi amidst concerns over the deal surroundinf Jet Airways and Etihad Airways.

Ajit Singh bats for Jet-Etihad deal; Jet's Goyal meets FM

CNBC-TV18's Sumit Jha reports, quoting sources, that civil aviation minister Ajit Singh has come out in support for the Jet-Etihad deal and Jet Airways Chief Naresh Goyal met the FM on Wednesday.

Jet-Etihad deal: BJP demands SC-monitored CBI probe

The BJP on Wednesday demanded that the government order a CBI inquiry monitored by the Supreme Court to find out the manner in which the Jet-Etihad deal was carried out in "half-cooked" and "objectionable" manner.