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Anil Agarwal says Volcan Investments no longer interested in Jet Airways

Tuesday, August 13, 2019, 7:56 AM

Vedanta Chairman Anil Agarwal said on August 12 that the expression of interest for Jet Airways by Volcan Investments was only exploratory and that it no longer wished to pursue it. "On further evaluation and considering other priorities, we intend to not pursue this further," Agarwal said in a statement. Jet Airways had suspended operations in April, after a severe cash crunch.