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Tuesday, April 30, 2019

Jet staff write to SBI to participate in bid

A group of Jet Airways’ senior staffers, including the unions of the airline’s aircraft engineers and of Indian pilots, has requested SBI-led lenders to allow a consortium of employees to bid for the carrier. In a memorandum, Jet staffers have also written that they are confident of securing an investment commitment of up to Rs 3,000 cr from outside investors.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2V1swGR

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