Jet Airways on Monday won a conditional nod to sell 24 per cent stake to Etihad Airways for Rs. 2,058-crore after the Abu Dhabi-based carrier made significant concessions, diluting its control.

“We have approved [the Jet-Etihad deal] with some conditions,” Economic Affairs Secretary Arvind Mayaram told reporters after a meeting of the Foreign Investment Promotion Board (FIPB). — PTI

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