MUMBAI: The Hinduja Group will start the process of bidding for Jet AirwaysNSE 1.90 % this week, having obtained the assent of key stakeholders in the grounded airline including founder Naresh Goyal and Etihad Airways, strategic investor in the carrier.
The Hinduja Group has engaged investment bankers led by SBI Capital Markets for due diligence, which will commence soon, said people with knowledge of the matter.