There are several examples of one name standing in for many brands.
The EGM would discuss deleting various Articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right', in the company's Articles of Association.
From the 30-share pack, Asian Paints, Reliance Industries Limited, Bajaj Finance, Mahindra & Mahindra, Indusind Bank, Bajaj Finserv, Maruti Suzuki, HDFC Bank and UltraTech Cement were the major gainers, jumping up to 5.56 per cent.
Priced at $22.2 million, Hawker 4000 has redefined standards for business aviation.
Rakesh Jhunjhunwala on Friday picked up 1.05 per cent stake in Jet Airways for Rs 50.5 crore.
Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
These stocks offer the best combination of maximum 'buy' recommendations from brokerages and share price upside over the next 12 months.
This was the biggest IPO in the Indian market since Infratel's.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
Aviation companies were in focus with all the three airliners SpiceJet, InterGlobe Aviation and Jet Airways adding in the range of 2% to 3% on the BSE
CCI's ruling came on a complaint filed by Express Industry Council of India.
InterGlobe's IPO is India's biggest since the listing of around $750 million by Bharti Infratel Ltd in December 2012.
The fresh bout of trouble has forced IndiGo to ground aircraft periodically since July, and on August 20, the number of grounded aircraft touched nine
Nigel loves luxury. A big golf enthusiast he also likes to run, play squash and drive his classic sports cars.
Currently, there are related party transactions in four areas -- real estate leased to IGAL, simulator training facilities, General Sales Agreements (GSAs) for limited foreign markets and crew accommodation at Accor Hotels, the IGE statement said. Citing unaudited numbers for 2018-19, the statement said the related party transactions in the four areas accounted for Rs 150.12 crore or 0.53 per cent of IGAL's consolidated turnover.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000 crore public offer in December 2012.
IndiGo has a fleet of 98 aircraft and about 75 of them are on operating lease.
According to the annual report, Ronojoy Dutta's remuneration package includes a gross annual salary of $1.27 million, which would be payable in rupees. Also, he is entitled for a commitment bonus payout. In FY20, he received a remuneration of Rs 11.4 crore in his role as CEO and whole-time director.
Bank shares were the top gainers led by ICICI Bank.
A negative net worth implies the company's liabilities are more than its assets
The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs.
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
The company commands a market valuation of Rs 31,702.37 crore (Rs 317.02 billion).
InterGlobe has raised Rs 3,008.5 crore.
The carrier's total income rose over 28 per cent to Rs 8,229.4 crore in the three months ended December 2018.
Talks gain ground of strategic stake sale to foreign investor.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
As corporate India prepares to put its house in order, the transition raises concerns
Among top losers that dragged down key indices were Infosys, TCS, Reliance, SBI, Tata Steel and ITC, falling up to 2.15 per cent.
The value of the ace investor's personal holdings rose by just 2%.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
The much-awaited offer is also seen as a test case for revival of big-ticket sales in the primary market.
Top losers in the Sensex pack included M&M, SBI, Yes Bank, Asian Paints, HDFC, Tata Steel and L&T, shedding up to 2.55 per cent. The broader NSE Nifty settled 79.80 points, or 0.72 per cent, down at 10,996.10.
The 50-share NSE Nifty slipped below the 10,700-mark and finished at 10,679.65 -- down 38.40 points, or 0.36 per cent.
'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.
The number of Indian passengers has jumped more than 20 per cent in the past year
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances