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Regulator puts Aditya Birla Sun Life AMC and GoAir listing dreams on pause

Markets

Regulator puts Aditya Birla Sun Life AMC and GoAir listing dreams on pause

The Securities and Exchange Board of India (SEBI) has put on pause the approval of IPO draft offers ...

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

General

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and...

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

Infrastructure

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

India's aviation regulator has told airlines not to take bookings as the government has not yet ...

IndiGo cuts staff pay as coronavirus curbs air travel

Infrastructure

IndiGo cuts staff pay as coronavirus curbs air travel

India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in ...

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

Infrastructure

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has ...

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Infrastructure

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest ...

Grapevine: Naspers may back Meesho; I Squared may rev up its telecom infra platform

General

Grapevine: Naspers may back Meesho; I Squared may rev up its telecom infra platform

Social commerce startup Meesho is in talks with South African conglomerate Naspers to raise up to $...

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Infrastructure

IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift

Shares in InterGlobe Aviation, which operates India's largest airline IndiGo, tumbled 9 percent ...

Regional carrier Air Costa in talks with foreign airlines for strategic stake sale

Infrastructure

Regional carrier Air Costa in talks with foreign airlines for strategic stake sale

Air Costa is at "advanced stages" of discussions with foreign carriers, including those from the ...

Budget carrier Air Costa eyes IPO in three years

Infrastructure

Budget carrier Air Costa eyes IPO in three years

India's newest budget airline Air Costa Ltd, which started operations last October, is mulling to go...