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Jet Airways plans stake sale to FIs
Reuters
Last Updated IST

“We are planning a domestic issuance of shares through the QIP (qualified institutional placement) route in 2-3 months to deleverage our balance sheet, increase working capital and also strengthen our balance sheet,” K G Vishwanath, Vice President, Commercial Strategy & Investor Relations, told reporters.

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(Published 14 September 2009, 00:56 IST)