PTC India Financial Services Ltd, the investment arm of domestic power trading major PTC India, has raised Rs 100 crore in fresh funds by issuing secured non-convertible..
Multiplex chain operator INOX Leisure Ltd, promoted by Gujarat Fluorochemicals Ltd, has acquired a 43.28% stake in Fame India Ltd for an all-cash consideration of Rs 66.48 crore.
Sahara India chief Subrata Roy on Thursday said he is open to an out-of-court settlement with Jet Airways over tax liabilities. The matter has not been settled yet in court. “Since we were unable to arrive at a consensus amicably, we will go by the verdict of the court,” said Roy.
Private carrier Jet Airways, which has been struggling to mop-up funds for nearly two years, said it will be raising $200 million in the coming 3-4 weeks through the QIP route. The airline also has plans to go back to the market in May or June to raise another $200 million.
Despite the steel ministry’s concerns and suggestions to control rising steel prices, SAIL on Tuesday announced a new round of hike in steel prices of Rs 500 per tonne for flat....