NEW DELHI: Shares of Jet Airways climbed 5 per cent in Tuesday’s trade amid reports that Hinduja Group is preparing a bid to buy the grounded carrier.

According to a Bloomberg report, Gopichand Hinduja and Ashok Hinduja led group is planning to submit an expression of interest (EOI) by January 15 deadline. The EOI will signal the UK-based group’s intent to make a formal offer, the people said, asking not to be identified as ..........................ET