The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.
Here's what's buzzing in Mumbai if you are looking out for real estate appreciation...
Over the past several months, the airline has struggled to pay vendors and staff salaries on time.
"Why is it that whenever there are no political overtones to a case, the CBI does a good job?" he said.
The Indian pair was trounced by China's Yawen Zhang and Yili Wie in the second round of women's doubles at the World Badminton Championships.
The mismatch between industrialists' demand and account holders is because of inflation, Rajan said.
Poor quality of employment in India has led to a mismatch in expectations and availability of jobs forcing the skilled manpower to explore opportunities abroad, five leading international think tanks have said.
With hike in deposit rate for expatriates, RBI has reversed the trend of fall in NRI deposits and ensured that banks have additional funds to lend to needy sector of the economy.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
The former whipped Jonas Bjorkman while Nadal accounted for Marcos Baghdatis in the men's singles semi-finals at Wimbledon.
I had said that eloquence of silence is always difficult but far more desirable to see the election process through instead of creating ill-timed controversies.
Both players registered convincing victories to move into the second round of Wimbledon.
The maximum inventories are in 1 and 2 BHK configurations totaling 587,500 units.
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
With the government intending to take Air India and Indian Airlines to the stock market, investors will have wider choice for the shares in the sector, which otherwise is constrained by demand-supply mismatch due to the presence of only five small ai
'These are elementary things you do not do against any decent swing bowler in English conditions. To try to do it to James Anderson, who is one of the great master craftsmen in those conditions, tells me the Indian batsmen have not done their homework'
'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'
'A score of 750 and above is considered to be good, though these cut-offs can vary depending on the type of loan being sanctioned,' points out Arun Ramamurthy.
The power and fertiliser companies should be prepared to pay higher prices of natural gas as the petroleum ministry favours economic pricing of the fuel, an official said on Thursday.
Europe is preparing for UEFA's first full-blown 'week of football' as the marathon Euro 2016 qualifying competition gets into full swing - although it promises to be a distinctly underwhelming experience.
Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.
The most outrageous and least wearable looks from the recently concluded London Fashion Week.
'I don't get attached to my success,' Ayushmann Khurrana tells Kavita Chowdhury.
'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.
Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
