Srei Infrastructure Finance last month sold 50 per cent stake in a part of its business equipment financing arm to France's largest bank BNP Paribas for Rs 775 crore
Srei Infrastructure Finance is set to be the first Indian company to go for Islamic financing for over Rs 200 crore
Thiagarajan, who had primarily restricted his aviation activities to south India, is now locating stars of fortune in western and central India for possible acquisitions
This is for the second time that Tata Steel is getting into a take-over battle. It acquired the Anglo-Dutch steel company Corus Group after beating rival suitor, CSN of Brazil, through auction.
International brokerages, especially those which have made recent entry into the domestic market, are lining up to acquire the institutional broking business of the city-based Brics Securities.
Alliance Air, the feeder subsidiary of Indian Airlines, may fly Russian defence aerospace major Sukhoi's new civilian jet to connect regional locations in the country.
The potential entrants include the Essar Group, Punj Lloyd, Larsen & Toubro, real estate developer Atlanta, Hyderabad-based Nagarjuna Construction and Delhi-based DS Constructions.
The Cochin International Airport (CIAL), the first international airport in the country outside the ambit of the union government, is planning to launch a dedicated international cargo airline service.
Sources close to the development said the group will shortly take a decision on the business, which has seen interest from large houses like the Tatas and the Ambanis.
Govt to buy simulators; Kingfisher may place large orders for aircraft.
National carrier Air India, which will soon be merged with Indian Airlines, may partner Cochin International Airport for setting up an airframe maintenance, repair and overhaul facility near the Kochi airport, Kerala.
Almost all global engineering consulting companies are heading to India as the country is firming up high profile logistics projects in the midst of a dearth of engineering talent.
close to the development confirmed that a deal could be signed between the parties shortly
Only 9% of passengers on such airlines are first-timers: CAPA survey.
International no-frills budget carriers making a beeline for India.
Mumbai-based Temptation Foods has acquired the marine foods business of FMCG major Hindustan Unilever for an undisclosed sum.
The Air India and Indian Airlines combine, wearing the new Air India brand and livery, is set to give a snazzy new look for its cabin crew.
Air India and Jet Airways are planning to leverage their extended domestic networks following a merger (with Indian Airlines) and acquisition (of Air Sahara), respectively, to offer small-city travellers free connectivity for international flights.
National Aviation Company, the name of the proposed merged entity of Air India and Indian Airlines, plans to launch a value carrier to take on the challenge from JetLite and Air Deccan.
Around four months ago, GoAir had returned two aircraft to lessors as a part of its "dynamic fleet strategy" that involved inducting more aircraft in the peak season and letting go in the lean season.
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