Jet Airways Shares Drop 7% After Airline Defers Q1 Results

Shares of full-service carrier Jet Airways Ltd fell as much as 14.5 per cent in early trade on Friday after the company deferred its first-quarter results, reported news agency Reuters. At 11:10 am, shares in the company, valued at about $500 million were trading at 278.50 with a loss of 23.20 points or 7.69 per cent. The carrier, on Thursday said that its board has deferred the consideration of unedited financial results for the fir...