'Will put Rs 700cr in Jet, but with conditions'

Jet Airways chairman Naresh Goyal's offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier. Goyal said he is committed to an "infusion of funds into the company to the extent of Rs 700 crore" and pledging all his shares.

from Times of India http://bit.ly/2TVeJg1