Jet Airways Locked In Upper Circuit For 8th Day In A Row; Creditors Agree To New Owners

Shares of the now-defunct airline Jet Airways were jumped 5 per cent on Monday, after the company said its creditors had agreed to sell the carrier under a multi-million dollar resolution plan. Jet Airways would be acquired by a consortium of investors under a multi-million dollar resolution plan approved by its creditors. Jet Airways shares were locked in an upper circuit of  5 per cent Rs 42.20 on the National Stock Exchange, surgi...