News Jet Airways could buy a Rs 750cr lifeline with promoters' money
MoneyMar 09,2019, 11:42 AM
MUMBAI: Jet Airways could get emergency funding if the promoters agree to bring in Rs 750 crore. Lenders have approved a plan to convert part of their debt into equity with a 49% stake in the airline. SBI and PNB will bring in Rs 500 crore as an emergency infusion, subject to oth...
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