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Popular Articles

Viceroy Hotels to raise Rs 70 cr via QIP
Hospitality firm Viceroy Hotels today said it has approved the proposal for raising up to $15 million or Rs 70 crore through qualified institutional placement (QIP).

Sun Pharma up on getting boost in Taro war
The stock ended at Rs 1,468, up 1% from its previous close. The counter clocked volumes of 18,616 shares as compared to the two-week daily average traded volumes of 30,875 shares on the BSE.

News of the day

Enough's enough
While closing his arguments before the Supreme Court Bench in the Reliance Industries versus Reliance Natural Resources (RIL-RNRL) case, RNRL lawyer Ram Jethmalani said, “I won’t trouble you (the Bench) tomorrow…I could have said a lot. But I am tired myself”.
Small Business

Jet to buy 26% stake in JV with Malaysian Airlines

The Board of Directors of Jet Airways has given its in-principle approval to acquire 26 per cent stake in MAS GMR Aerospace Engineering Company for an unspecified amount. - Jet back in black with Rs 106 cr profit in Q3 - GHIAL signs three MoUs - Wipro to step up spread of Yardley’s contribution to revenue - Bhushan Steel-Essel set to acquire plot for Rs 1,530 Cr - SBI not eyeing acquisition of another bank: Bhatt - T Rowe acquires 26% in UTI AMC, UTI Trustee The Hyderabad-based MAS GMR Aerospace is a joint venture between Malaysian Airlines" engineering arm and the GMR group engaged in setting up a Maintenance, Repair and Overhaul (MRO) facility. The 26 per cent stake in MAS GMR will be acquired partly in cash and partly for consideration other than cash, Jet Airways said in a communication to the Bombay Stock Exchange today. The transaction is subject to regulatory approvals, the company said.


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