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Lenders initiate forensic audit against Gayatri Projects following default paymentLenders, however, claim that the forensic audit is based on concerns about diversion of funds and irregularities in the operations of the c...- Rakesh Jhunjhunwala reaches for the sky as partner in new airline ventureJhunjhunwala, who has a cult following among stock traders, has had preliminary talks for an investment of up to $35 million (₹260.7 crore)...
- Air India's previous suitor Interups agrees to buy 49% in regional carrier TruJet"The funds raised through 49per cent FDI in the company, will be utilized to expand its operations pan India and explore the newer opportun...
- Employee consortium bid for Air India rejectedWith the rejection of the employee consortium, chances of foreign fund Interups owning stake in Air India has also taken a hit. US-based fu...
- Disinvestment plan: No going back on privatisation of BPCL, Air IndiaThe spadework started late last year and 2020 was supposed to be the landmark year in India's history of privatisation with at least three ...
- Air India privatisation deal unlikely to conclude this fiscal, amid Tata Group interestA group of over 200 Air India employees also submitted an expression of interest (EoI) for the carrier in partnership with Interups at the ...
- Three investors, including Tata Group, show interest in Air IndiaWhile the Tata Group has shown interest in buying the national carrier, over 200 employees of Air India have also shown interest along with...
- Not just Air India, Interups interested in Indian aviation; plans to invest $9 billion in 5 years“We are bullish on India’s aviation sector and plan to invest $9 billion in it over the next five years, as we see a lot of growth potentia...
- Air India bidding process: All you need to knowThe deadline for submission of expression of interest (EoI) for the beleaguered national carrier Air India ends at 5 pm on Monday. In Octob...
- SGX Nifty down 30 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 31 points, or 0.23 per cent, lower at 13,560.50, in signs that Dalal Street was headed for a...
- Interups Inc is looking to acquire 2,000 high-end residential apartments in IndiaThe company has already signed an MoU with Phoenix Group for acquiring 58 apartments at Rs 504 crore in Phoenix Kessaku in Bengaluru and is...
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