Markets regulator Sebi has kept in abeyance the processing of Go Airlines' draft papers for an initial public offer worth Rs 3,600 crore. Go Airlines (India) Ltd, which has announced rebranding itself as 'Go First', filed preliminary papers for an initial share sale worth Rs 3,600 crore in May. The proceeds will be mainly used to repay dues. The "issuance of observations (has been) kept in abeyance", according to Sebi's latest update on processing status of Go Airlines' draft offer documents. The information was updated on June 25. In Sebi parlance, issuance of observations implies its go-ahead for the IPO.
Liverpool's English Premier League title winning captain Jordan Henderson was named England's Footballer of the Year on Friday in the annual vote of the Football Writers' Association (FWA).
The Marylebone Cricket Club (MCC) on Wednesday announced its decision to recommend former Sri Lanka captain Kumar Sangakkara for a second term as president due to the disruptions caused by the coronavirus pandemic. The former wicketkeeper-batsman had became the first non-British President of the club after he assumed office on October 1 last year.
Given the expectations of growth in the packaged foods segment, the company seeks to become a Rs 1-trillion FMCG business by FY30.
What matters is the culture and the atmosphere of the workplace, and whether employees get treated fairly. 'It is also important for the employee to feel s/he is part of a winning team,' Credit Suisse's Mickey Doshi tells Niraj Bhatt.
LIC owns 3.69 per cent of the total listed universe based on available disclosures, the lowest since at least June 2009.
Ruchir Sharma and Nandan Nilekani engage in an exciting conversation, with Vaihayasi Pande Daniel listening in. This is a final of a three-part feature.
Ruchir Sharma and Nandan Nilekani engage in an exciting conversation, with Vaihayasi Pande Daniel listening in. This is a second of a three-part feature.
Ruchir Sharma and Nandan Nilekani engage in an exciting conversation, with Vaihayasi Pande Daniel listening in. This is a first of a three-part feature.
The report said inflation is expected to remain below 5 per cent over the two years.
Dravida Munnetra Kazhagam member Vasanthi Stanley on Wednesday fainted in the Rajya Sabha while shouting slogans on the Sri Lankan Tamil issue, leading to a chaotic situation in the House.
Morgan Stanley, the global financial services company, says India's largest private sector company (by market value) might lose 11 per cent of its earnings per share in 2014-15 earnings estimates if gas prices remain at $4.2 a unit.
When a legendary Bollywood beauty pays you a compliment, you blush.
The Power Of The Dog and Dune lead the pack while films like King Richard, Belfast and West Side Story grab quite a few noms.
But the clear winner between them is yet to emerge.
The figure is based on the base price of spectrum for the upcoming auction fixed by the TRAI and on the assumption that there will be no bidding war.
These include increasing the public float in listed companies to 35 per cent from 25 per cent, increasing the minimum statutory limit for FPI investment in a firm from 24 per cent to the sectoral foreign investment, and lowering government holding in listed public sector undertakings.
India must be prepared for a big, fat fuel import bill in FY23 - barring any further avatars of the Covid virus - as refiners crank up runs, or crude processing rates, to meet the growing demand for fuels, and crude prices soar. Capacity additions by an Indian state-run refiner will reinforce the need for foreign crude. Demand for all fuels is expected to increase by 3-8 per cent next fiscal from 2021-22, reaching pre-pandemic levels, according to analysts and industry experts.
UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes.
Manchester City's Pep Guardiola was named Manager of the Year at a League Managers Association awards ceremony on Tuesday after leading his side to the Premier League title and a host of records.
The Covid-19 vaccine demonstrated an overall 90.4 per cent efficacy in phase 3 clinical trials, reports Sohini Das
India's gross domestic product growth has been on a steady decline since June 2011, when it stood at 8 per cent.
Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager.
Tyson said he wants to spread word of the benefits of psilocybin as widely as possible, which is why he has partnered with Wesana.
Images from the World Athletics Championships on Sunday, Day 3, in Oregon.
The West Bromwich Albion striker was dismissed for elbowing Matthew Lowton after scoring the decisive goal in Albion's 1-0 victory.
India Today's annual list ranks the top 100 colleges in the country.
The Victoria's Secret model was caught off-duty in Malibu.
Goldman cut India's growth estimates to 6.6 per cent from 7.2 per cent for the fiscal year ending March 2013, while BofA revised its forecast to 6.5 per cent from 6.8 per cent.
After 13 years, Morgan Stanley Investment Managers on Thursday launched its second fund, Morgan Stanley ACE (Across Capitalisations Equity) Fund, which will invest in a portfolio of equity and equity-related securities, including equity derivatives.
Are programmes telecast on small screen pitting daughters-in-law against mothers-in-law?
IIT Roorkee has so far seen the highest domestic salary rise Rs 80 lakh, up by a third from Rs 60 lakh last year.
'We didn't expect the film to be recognised at this level; we focused on making an honest and simple film.' 'We didn't have any expectations even like being appreciated at festivals.'
In terms of magnitude of rate cuts, Morgan Stanley expects 50-100 basis points of policy rate cuts in 2015, depending on the inflation trajectory, which in turn will be dependent on the trend in commodity prices, fiscal deficit and rural wage growth.
As the 2019 election draws near, investors focus on long-dated options.
The Indian squash players wrapped up a historic performance in the Asian Games, clinching an unprecedented men's team gold after the women's side settled for its first ever silver in Incheon on Saturday.
Approaches Morgan Stanley, GIC and Blackstone
A quick look at the winners of the 94th Annual Academy Awards.
In 2017, a consortium led by Russian state oil company Rosneft agreed to buy Essar Oil for $12.9 billion in India's biggest foreign acquisition of a homegrown company. Rosneft's buyout of Essar's assets was meant to herald a wave of energy investments in India - over six decades after Esso, Caltex and Shell invested in India's refining sector in the 1950s. But the government has tripped up in its efforts to sell Bharat Petroleum Corporation Ltd (BPCL), formerly Burmah Shell, a blue chip public sector company. Bidders include a couple of global funds and resources firm Vedanta.
Nimesh Kampani, chairman of the JM Financial group, talks to Business Standard on what led to the parting of ways with decade-old foreign partner Morgan Stanley.
