INSUBCONTINENT EXCLUSIVE:
Etihad holds 24 per cent stake in Jet Airways.The State Bank of India (SBI)-led consortium of lenders is waiting for Securities and Exchange
Board of India (SEBI) to decide on a bailout offer by Etihad Airways for financially stressed Jet Airways, SBI Chairman Rajnish Kumar said,
TheIndianSubcontinent reported on Saturday.The UAE-based carrier, which is a major shareholder in Jet, is seeking an exemption from SEBI on
preference pricing and open offer guidelines to increase its stake in cash-strapped carrier."We are nobody to reject anybody's resolution
We are saying that there is a regulation governed by SEBI
What we have to see is that what SEBI says," Kumar was quoted by newspaper as saying.Etihad, which holds a 24 per cent stake in Jet Airways,
