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Is Qatar Airways actually in talks with IndiGo to buy a stake?

Jul 28, 2015

Is Qatar Airways actually in talks with IndiGo to buy a stake?

Qatar has long coveted a stake in IndiGo, the fast-growing airline owned by InterGlobe Aviation which last month filed a draft prospectus for a stock market listing. #Business #Aviation #SpiceJet #CompanyWatch #IndiGo #Etihad Airways #Emirates #CAPA #flydubai #Interglobe Aviation
Come August, Ola to follow Myntra path, become app-only

Jul 28, 2015

Come August, Ola to follow Myntra path, become app-only

Ola had launched its mobile app for cab booking in 2011, which now lets users book cabs, auto-rickshaws and black-and-yellow taxis. #Business #CompanyWatch #Myntra #Ola #Pranay Jivrajka #App-only
Adani Enterprises seeks to raise up to Rs 6,000 cr via securities

Jul 28, 2015

Adani Enterprises seeks to raise up to Rs 6,000 cr via securities

Adani Enterprises will approach its shareholders with these resolutions later this month at the companys AGM. #Business #CompanyWatch #Qualified Institutional Placement #Adani Group #Gautam Adani #Adani Enterprises
Breather for Air India as losses down to Rs 5,547.47 cr

Jul 27, 2015

Breather for Air India as losses down to Rs 5,547.47 cr

The airline has also seen lower operating and net loss during the period, the minister said. #Business #air india #Lok Sabha #CompanyWatch #turn-around plan #EBIDTA #Mahesh Sharma
Cairn India merger not for refinancing debts: Vedanta CEO

Jul 24, 2015

Cairn India merger not for refinancing debts: Vedanta CEO

Cairn India is nearly 60 percent owned by Vedanta while LIC and UK's Cairn Energy, the erstwhile promoter of the company, together hold about 19 per cent interest. #Business #Vedanta Resources #CompanyWatch #Cairn India #Anil Agarwal
Reliance Jio likely to have its own labelled 4G handsets

Jul 24, 2015

Reliance Jio likely to have its own labelled 4G handsets

RIL said RelJio has successfully demonstrated legal interception and monitoring rules compliance of its 4G network for high speed wireless Internet, phone calls, video and messaging service across country. #Business #Reliance Industries #Mukesh Ambani #CompanyWatch #telecommunication #Reliance Jio #ReConnect
Cipla to pay $26 mn upfront for 51% stake in Ugandan firm

Jul 24, 2015

Cipla to pay $26 mn upfront for 51% stake in Ugandan firm

In May, Cipla had inked a pact with Quality Chemicals Ltd (QCL) to acquire majority stake in it for a total consideration of over $30 million (around Rs 190 crore). #Business #Cipla #CompanyWatch #Quality Chemicals
Jet Airways unveils 'Weekend Surprises' to woo flyers with cheaper tickets

Jul 24, 2015

Jet Airways unveils 'Weekend Surprises' to woo flyers with cheaper tickets

The discount offer will be available across domestic and international destinations on the Jet Airways network. #Business #Jet Airways #CompanyWatch #Weekend Surprises #Civil avaiation
Few parties keen to invest have approached us, says SpiceJet

Jul 24, 2015

Few parties keen to invest have approached us, says SpiceJet

The Gurgaon-headquartered airline also clarified that it has not entered into any interline arrangement with any other airline as reported in a section of media. #Business #Civil Aviation Ministry #SpiceJet #CompanyWatch #IndiGo #Qatar Airways #Ajay Singh #Akbar Al Baker
Lupin buys US co Gavis: Key facts you need to know about the $880 mn deal

Jul 24, 2015

Lupin buys US co Gavis: Key facts you need to know about the $880 mn deal

The Mumbai-based firm is on a spree to acquire pharmaceutical firms globally #CompanyWatch #Lupin #Earnings #US generic market