Corporates

Hotel Leela Venture had, in March, announced to sell four Leela owned hotels located at Bengaluru, Chennai, Delhi and Udaipur

The domestic carrier, which had taken delivery of 13 Max jets before the model was grounded, still expects to receive as many as 25 more in the current financial year. It has as many as 205 of those aircraft on order, including options.

In February, Airtel unveiled plans to raise as much as Rs 32,000 crore for a war chest to take on Jio as well as to prepare for an impending 5G airwaves auction.

The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent government crackdown on bad loans led to the collapse of his wireless phone-services unit.

Interglobe said it expected a 30% rise in available seat kilometres in the fiscal year 2020, a measure of the airline's passenger carrying capacity

The Bengaluru-headquartered Air Asia India also showed initial interest and applied to Directorate General of Civil Aviation (DGCA) for regulatory approval.

Over and above the $135 million, Vijay Mallya is liable to pay interest incurred at a commercial rate as well as 200,000 pounds towards legal costs.

The company has increased the prices of only poly pack milk and not bulk vended milk, also known as token milk.

If given the green light, Adani could begin breaking ground at its Carmichael mine site within weeks, after more than eight years of planning.

Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stake with this deal, the asset manager said.

Jet Airways remains grounded for over a month now and the attempt made by its lenders led by the SBI to bring an investor on board has failed

Fair trade regulator CCI in 2016 ordered the unit to carry out the probe after the agriculture ministry and some local seed companies complained that Monsanto was charging unreasonably high royalty fees for its GM technology.

A two-judge panel of the Securities Appellate Tribunal asked the NSE to transfer the $90 million to an account managed by the Securities and Exchange Board of India (Sebi), where it will remain untouched until the outcome of the case.

The government is seeking to consolidate the nation's debt-burdened state banking sector.

Jet Airways, once the biggest private carrier in the country, owes vast sums to its lessors, employees, fuel suppliers and other parties.