Jet scrip ends lower on reports of government probe (Lead)
Wednesday - August 22, 2018 12:02 am ,
Category : BUSINESS
Jet scrip ends lower on reports of government probe (Lead)
Mumbai Aug 21 (IANS) The scrip of Jet Airways ended 3 per cent lower on Tuesday after reports claimed that the government has initiated a probe against the airline.
However in a regulatory filing to the BSE the airline said that it has not received any communication in this regard from the Ministry of Corporate Affairs (MCA).
The stock exchange had sought a clarification from Jet Airways on reports which claimed that the MCA has commenced a probe against Jet Airways on suspicion of siphoning off of funds.
The company s scrip ended 2.94 per cent or Rs 8.85 lower at Rs 292.35 per share from its previous close of Rs 301.20.
--IANS rv/nir
However in a regulatory filing to the BSE the airline said that it has not received any communication in this regard from the Ministry of Corporate Affairs (MCA).
The stock exchange had sought a clarification from Jet Airways on reports which claimed that the MCA has commenced a probe against Jet Airways on suspicion of siphoning off of funds.
The company s scrip ended 2.94 per cent or Rs 8.85 lower at Rs 292.35 per share from its previous close of Rs 301.20.
--IANS rv/nir
