Jet Airways delays earnings, shares plunge to 3-year low

Shares in India's Jet Airways tumbled to a three-year low on Friday after the embattled airline failed to release its latest quarterly earnings as scheduled. Jet's stock has plunged 66 percent this year, according to Bloomberg News, as it grapples with intense competition from a host of low-cost airlines, rising fuel prices and a weak rupee. (AFP)