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Daily Archives: November 12, 2008

Jet gets Rs 1,000 crore from Mubadala Development Co.

The Business Standard reports that Indian carrier Jet Airways is believed to have struck a deal last week with west Asian investment agency Mubadala Development Company for a funding of Rs 1,000 crore (approx $ 200 million). The instrument of funding, however, has yet to be formalised.Mubadala is wholly owned by the government of Emirates of Abu Dhabi. The tenure …

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