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<h1>Foreign investment approval permits Etihad to subscribe to a substantial post-issue equity stake in Jet Airways after FIPB recommendation.</h1> Approval permits M/s. Etihad Airways PJSC, UAE to subscribe to equity shares of M/s. Jet Airways (India) Limited representing a specified portion of post-issue paid-up capital, following recommendation by the Foreign Investment Promotion Board and clearance by the Cabinet Committee on Economic Affairs, effectuating an inflow of foreign capital through share subscription.
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