Companies
SBI okays to dilute 8.25 pc stake in UTI AMC initial public offer
The bank said it offers to sale up to 1,04,59,949 equity shares subject to approval from the Sebi.
Bharti Airtel board approves raising up to USD 4 billion
The company has received an approval to raise USD 1 billion through foreign debt instrument.
IndiGo airline introduces new flight to Bengaluru
IndiGo has already been operating four flights on this route on a daily basis.
MTNL, BSNL strategic assets; 92,000 employees opt for VRS: Minister
The merger would resultantly help the two companies to "provide better quality services to customers on a pan-India basis.
GKN Aerospace to open new facility in Pune
The company is investing Rs 154 crore for now.
Thomas Cook gets brand right for India, Sri Lanka
TCIL has signed an agreement with AlixPartners, Thomas Cook UK’s appointed Special Managers in this regard.
Foreign control of airlines mulled to push Air India sale
Doing away with the “substantial ownership” clause will enable an overseas stakeholder weigh in on major decisions of local airlines.
92,700 BSNL, MTNL employees opt for voluntary retirement
The PSUs had set December 3 as last date for employees to opt for VRS.
Public sector banks disburse Rs 4.91 lakh cr loan during Oct-Nov
Banks disbursed Rs 2.52 lakh crore of loans in October and Rs 2.39 lakh crore in November.
Jaypee Infra insolvency: NBCC, Suraksha Realty place final bids
As many as 13 banks and over 23,000 homebuyers have voting rights in the CoC.