Jet Airways rallies on Blackstone stake buy talks

Jet Airways jumped 4 percent on Thursday on reports that Blackstone Group is in talks to buy a stake in the loyalty programme of Jet Airways.The private equity firm has expressed interest in a deal that could value Jet Privilege at about Rs 3,000 crore ($429 million) to Rs 4,000 crore, according to people who asked not to be identified.For more information on gold and silver tips

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Posted in: Indian Market Tips