Rs 2500 cr rights issue key to Jet's revival plans

Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.......

RBI-Sebi close to reaching pact on valuation of troubled cos

The Reserve Bank and market regulator Sebi are close to reaching an agreement for providing waiver of existing norms to banks while they restructure debt into equity with the objective of......

Better days are ahead for Indian investors

A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta. India-watchers shrugged off lower......