Jet Airways shares soar on reports of stake sale to Etihad

Shares in Jet Airways rose over 7 per cent in early trade on Tuesday on reports that it may sell stake to Etihad Airways. A newspaper reported, citing a government official, said that Jet might raise Rs 1,600 crore from the sale of 24 per cent stake to Etihad Airways. Etihad's chief executive officer said on Tuesday the Abu Dhabi-based airline was in talks with Indian airlines. "We're involved in negotiations in India," Ja...