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Anniversary sale: SpiceJet offers five-hour long 10% discounted ticket sale on Saturday

May 22, 2015

Anniversary sale: SpiceJet offers five-hour long 10% discounted ticket sale on Saturday

The flash ticket sale offer is applicable on select direct flights only on SpiceJet's domestic network. #Business #Aviation #anniversary #SpiceJet #CompanyWatch #Sanjiv Kapoor #Cotporate
SBI breaks bad loan jinx, but keep a watch on restructured loans

May 22, 2015

SBI breaks bad loan jinx, but keep a watch on restructured loans

SBI chairperson Arundhati Bhattacharya admitted that there was a rush to recast loans in the March quarter as the regulatory forbearance on restructured loans came to an end. #SBI #CompanyWatch #NPA #Punjab National Bank #Corporate Debt Restructuring #Arundhati Bhattacharya #Restructured loan
Tiger Global exits Just Dial, sells stakes for over Rs 430 cr

May 21, 2015

Tiger Global exits Just Dial, sells stakes for over Rs 430 cr

The shares were offloaded on 19 May based on the closing price of Rs 1,138.65 and the transaction is estimated to have been valued at Rs 431.49 crore. #Business #BSE #CompanyWatch #Just Dial #Tiger Global #VSS Mani
#AirAsiaInDilli: AirAsia adds Delhi to network, starts flights to Bengaluru, Goa, Guwahati

May 21, 2015

#AirAsiaInDilli: AirAsia adds Delhi to network, starts flights to Bengaluru, Goa, Guwahati

The airline had last month, while announcing its plans to operate services from the Indira Gandhi International Airport here, had said that New Delhi would serve as its hub for the North India market. #Business #Aviation #Goa #CompanyWatch #Guwahati #Bengaluru #AirAsia #Ashok Gajapathi Raju #Mahesh Sharma
A day after Amazon pact, SBI signs deal with PayPal for cross-border transactions

May 21, 2015

A day after Amazon pact, SBI signs deal with PayPal for cross-border transactions

SBI managing director and group executive (national banking) B Sriram said the pact will help its nine lakh SME customers make such transactions in a safe and secured manner. #Business #SBI #SME #PayPal #CompanyWatch #Amazon #corporate #Cross border transactions #Arundhati Bhattacharya #Vikram Narayan
SpiceJet seeks to infuse Rs 300 cr for fleet expansion; appoints Ajay, Shiwani as directors

May 21, 2015

SpiceJet seeks to infuse Rs 300 cr for fleet expansion; appoints Ajay, Shiwani as directors

In March, courts had ordered DGCA to deregister 11 of SpiceJet's Boeing planes following disputes with three lessors. #Boeing #Aviation #SpiceJet #CompanyWatch #DGCA #Ajay Singh #Bombardier
Jet Airways allows flyers 'choice' seat bookings through agents

May 20, 2015

Jet Airways allows flyers 'choice' seat bookings through agents

The 'Seat Select" option is available on domestic routes between Delhi, Mumbai, Bangalore, Kolkata, Chennai and Hyderabad for flights operated on Boeing 737 aircraft. #Business #Jet Airways #Aviation #CompanyWatch #DGCA #corporate #Travel agents #Seat Select
Reliance Jio likely to launch 4G services in 880 cities by mid-July: Credit Suisse

May 20, 2015

Reliance Jio likely to launch 4G services in 880 cities by mid-July: Credit Suisse

RJio is the only private player with pan-India broadband wireless access (BWA) spectrum. It also acquired spectrum in 800 MHz and 1,800 MHz in auctions held in 2014 and 2015. #Business #Reliance Industries #Mukesh Ambani #Credit Suisse #CompanyWatch #4G #Reliance Jio
Reliance Industries to raise Rs 10K cr through NCD

May 20, 2015

Reliance Industries to raise Rs 10K cr through NCD

The RIL will seek shareholder nod on June 12 to "offer of invite subscriptions for secured/unsecured redeemable non-convertible debentures, in one or more series/tranches, aggregating up to Rs 10,000 crore on private placement." #Business #Reliance Industries #CompanyWatch #Annual general meeting #corporate #Non-convertible debenture