Jet Airways Gains 2% On Report Of Capital Infusion By Etihad

Jet Airways shares gained 2 percent on Tuesday morning after a media report indicated Etihad Airways and NIIF will invest nearly Rs 4,000 crore in the cash-strapped airline company.

The stock was quoting at Rs 254, up Rs 5.95, or 2.40 percent on the BSE, at 09:20 hours IST.

"Etihad Airways and a new partner will together invest nearly Rs 4,000 crore to revive beleaguered Jet Airways while founder-promoter Naresh Goyal and his wife will step down from the board.

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