Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5 billion, according to people familiar with the matter, in a pivotal test of investor confidence in the tycoon’s empire less than four months after a scathing short seller report plunged it into crisis.Adani Enterprises Ltd., the flagship, […]
Billionaire Adani’s firms weigh raising up to $5 billion: Report Read More »
The deal will help Reliance Retail to strengthen its dominant position in India’s mammoth retail sector New Delhi: German retailer METRO AG on Thursday announced the completion of the sale of its Indian cash and carry business to Reliance Retail Ventures Ltd (RRVL), which holds the retail empire of Reliance Industries Ltd. The deal includes
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NEW DELHI: SpiceJet CMD Ajay Singh on Thursday said the low cost carrier will not be filing for insolvency. “There is absolutely no question of filing for insolvency. Any rumour regarding the same is completely baseless. We are focussed firmly on reviving our grounded fleet and getting more and more planes back into the air.
Ajay Singh: No question of filing for insolvency: SpiceJet CMD Ajay Singh Read More »
PUNE: IndiGo on Thursday announced codeshare connections to Edinburgh, via Istanbul, effective May 8.The airline’s expanding network of codeshare destinations with Turkish Airlines now includes connections to 33 destinations in Europe. These new connections will offer travelers more options and easy access to Scotland, bolstering IndiGo’s vision of increasing international connectivity, airlines officials claimed.Vinay Malhotra,
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