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Tuesday 21 May 2019

Hinduja brothers weigh bid for Jet Airways

Hinduja Group said on Tuesday it was considering a bid for debt-laden Jet Airways Ltd , boosting shares in the grounded airline by 15% for their best day since January. The group is led by billionaire brothers Gopichand and Srichand Hinduja, who were named Britain's wealthiest people for a third time in this year's Sunday Times Rich List. Their interests range from banking and oil and gas to power.

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