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AIR INDIA FUNDRAISING
He once scored 51 marks in Maths, now owns a space company worth $1.1 billion. Meet 35-year-old rocket man who gave up ISRO jobPawan Kumar Chandana, once a struggling student, now leads Skyroot Aerospace. This company achieved India's first private rocket launch. Ch...- School assembly news headlines for June 17: Top national, international, business, sports update and thought of the dayToday's school assembly news covers significant national developments including new prescription mandates for medicinal syrups and ISRO's u...
- Star Wars: How India’s spacetech-defence ties are shaping the futureSpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications a...
- Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plansZee Entertainment Enterprises' shares rose after its board approved raising at least Rs 2,300 crore to fund strategic initiatives and bolst...
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- Rs 34 crore Blood Money, 20 years in jail: Kerala man finally returns on Eid, mother says "today Allah reunited my son with me"Kozhikode, a district in Kerala, rejoiced as Abdul Rahim returned home after 20 years in a Saudi jail, a journey marked by a death sentence...
- Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani AirportsAdani Airports: In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, bet...
- India rejects Canada’s CSIS ‘foreign interference’ claims, hits back over Khalistan linksIndia has strongly denied allegations of foreign interference made by Canada's intelligence agency. New Delhi points to the same report ack...
- Canada declares Khalistan extremists as 'national security threat'Canada's intelligence agency has identified Khalistani extremists as a national security threat. The group uses Canadian institutions to ad...
- Logistics firms enter last mile for IPO delivery, rev up for Rs 9,000 crore issuesIndia's logistics sector is poised for a significant IPO cycle, with several companies preparing to raise an estimated ₹8,000-9,000 crore. ...
- Star Air raises Rs 150 crore in Series B round to fuel fleet expansion and growthThis capital will fuel fleet and network expansion, bolster NSOP operations, and enhance MRO capabilities. The airline aims to connect more...
- Air India seeks $200 million loan to buy fleet of Boeing 777Air India is seeking a $200 million bank loan through its GIFT City-registered subsidiary to acquire Boeing 777 aircraft from a US-based le...
- Indian diaspora in UK coordinates fundraisers for Ahmedabad plane crash-hit familiesFollowing the devastating Air India plane crash in Ahmedabad, the Indian diaspora in London is uniting to support the affected families, pa...
- Akasa Air eyes $75-100 mn via fresh equity, move to dilute Jhunjhunwala family’s 46% stakeAkasa Air wants to use the fund to make pre-delivery payments for its order of 72 Boeing 737 Max jets, for which 19 have already been deliv...
- Air India weighs raising $1 billion for expansionThe fundraising plans come at a time when Air India is considering ordering as many as 300 narrowbody jets, Bloomberg News reported in June...
- Tata Sons looking to raise $4 billion for Air India: ReportThe holding company of the Tata Group, Tata Sons Ltd is looking to raise as much as $4 billion to infuse fresh capital into Air India and r...
- Tatas likely to raise up to Rs 15,000 crore in loans to support Air India purchaseState Bank of India (SBI) is expected to be the lead banker in the proposed syndication as it has already issued a bank guarantee required ...
- Air India plans to raise Rs 80 crore through sale of assetsAs per the turnaround plan approved by the CCEA in 2012, AI is required to generate Rs 5,000 crore by sale, leasing or developing an asset ...
- GoAir plans to raise $100 millionWadia group-promoted budget air-carrier GoAir is in the process of raising around $100 million to fund its aircraft acquisition programme, ...
- AI to secure funds to pay salariesAir India is in discussion with financial institutions to secure additional funds to meet its current liabilities.
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