A delegation of Jet Airways and Etihad Airlines of UAE including Shri Naresh Goyal, Chairman Jet Airways and James Hogan, President and CEO of Etihad Airways met the Union Minister of Commerce Industry and Textiles, Shri Anand Sharma.
The delgation briefed the Minister about their plans in India in the wake of liberalization of FDI regime in the aviation sector. Mr Sharma said “we have put in place an enabling policy and any investment under the policy is welcome.”
Shri Sharma is Visiting Abu Dhabi on 17-18 February, 2013 for the first meeting of the India-UAE High Level Task Force on Investment, for which Shri Sharma is the co-chair from the Indian side. The co-chair from the other side is Sheikh Hamid Al Nahayan of Abu Dhabi Investment Authority (ADIA).
India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.