Tata to invest in the aviation sector

New Delhi, Feb 21, 2008 : The Tatas are staging a slow and steady comeback into the aviation sector. The group, which has a 6.9% stake in the budget carrier Spice Jet worth $18 million, has now reportedly invested a 'significant' undisclosed amount through its Indian Hotels Company in BJETS, a business jet operator company. The deal is said to have been inked in Singapore on Feb 19.

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