Commodities

Hinduja Group evaluating bid for India's Jet Airways

Contributor
Chandini Monnappa Reuters
Published
Credit: REUTERS/Francis Mascarenhas

Indian conglomerate Hinduja Group said on Tuesday it is evaluating a possible bid for debt-laden Jet Airways Ltd.

BENGALURU, May 21 (Reuters) - Indian conglomerate Hinduja Group said on Tuesday it is evaluating a possible bid for debt-laden Jet Airways Ltd JET.NS.

The company was responding to a Reuters request for comment after the Economic Times newspaper said the group would start the process of bidding this week.

(Reporting by Chandini Monnappa in Bengaluru; Editing by James Emmanuel)

((chandini.m@thomsonreuters.com; +91-82-6749-7919; Reuters Messaging: chandini.m.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More

More from Reuters

Explore Commodities

Explore

Most Popular