Etihad flies in to rescue Jet, submits conditional offer for minority stake
In a surprise development, Etihad Airways submitted a conditional offer to reinvest in the grounded Jet Airways on Friday just before the deadline ended for putting in binding bids. While Etihad’s offer has been declared as the only qualified bid, the Abu Dhabi-based airline made it clear that it would hold only a minority stake in Jet and that its bid was conditional. Read more here
Tata-Thyssenkrupp JV plan fails to clear Europe's anti-trust hurdle
Tata Steel’s plans to merge its European operations with German