Shares in Indian energy firms fell sharply on Friday after Delhi imposed a tax on fuel exports. Reliance sank by 8.7%, while state-owned ONGC and Mangalore Refinery each slumped 10%
The total list price of the new aircraft is about $4.38 billion and the share sale would also be used to replenish working capital, according to the filing
Jet fuel prices have soared, leaving global carriers who have already been hammered by Covid-19 over the last two years having to pass on higher costs via fuel surcharges and increased fares