Jet Airways Sell Majority Stake For 1 Rupee

A new chapter of cash-strapped Jet Airways started on Monday. In the process of reviving it and giving it a new start, its state-owned lenders have decided to sell the majority stake for 1 rupee. This initiative of restoring order in the airline was taken by PM Modi and as the elections are approaching, the government will not want to hurt its image by leaving 23,000 employees jobless.

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