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Disinvestment roadmap to be ready by March
Encouraged by the outcome of earlier initiatives, the Centre is preparing a roadmap to take the disinvestment process forward over the next two years.

DLF eyes better cash flow by biz integration
Realty major DLF today said its board has approved integration of DLF Assets with DLF Cyber City Developers, a move that will enhance its cash flow through rental income.

News of the day

'We will come out with a vision statement soon'
Business Standard / New Delhi October 07, 2009, 1:12 IST
Home Business

Gati to raise Rs 78.91cr via warrants issue

Courier service provider Gati today said it will raise Rs 78.91 crore by issue of warrants to different promoters and the Infrastructure Fund of India LLC. The company board has approved to allot a total of 1,16,73,818 warrants aggregating to Rs 78.91 crore, Gati said in a filing to the Bombay Stock Exchange. The proposals are subjected to shareholders approval, it added. Shares of Gati today closed at Rs 60.50 on the BSE, up 2.72 per cent from previous close.


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