Date:30/09/2008 URL: http://www.thehindu.com/2008/09/30/stories/2008093060941800.htm

Business - Briefly

Jet plans 10 p.c. stake dilution

MUMBAI: Jet Airways on Monday said it planned to dilute 10 per cent of its equity to garner funds and strengthen balance-sheet. “We will do anything which is required to make our balance-sheet strong. We plan to dilute 10 per cent equity,” Jet Airways Chairman Naresh Goyal told reporters.