Latest News on Equity Infusion
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Equity Infusion - Total results - 12
Apr 23, 2019
Downfall of Jet Airways: How Naresh Goyal’s airline walked into a trap of its own making from where there was no returnThe Naresh Goyal-founded airline had an almost unhindered flight till 2003-4 until Air Deccan came to the scene
Feb 14, 2019
Jet Airways board approves rescue deal to plug Rs 8,500-cr funding gap; lenders to become largest shareholdersJet Airways had a rough 2018 as competition intensified in the Indian airline market, the rupee depreciated and high oil prices squeezed margins.
Nov 21, 2018
Newly-appointed directors Y C Deveshwar, Kumar Mangalam Birla hold 'informal' meeting with Air India managementThe meeting comes days after Civil Aviation minister Suresh Prabhu calling for addressing the issue of high finance cost to make Air India profitable.
Aug 22, 2018
Air India may face more headwinds as govt backtracks on Rs 30,000 crore second bailout packageThe government needs a proactive approach to tackle the mess it has created at Air India.
Jul 30, 2018
Air India seeks additional equity of Rs 2,121 from government to make pending payments to its vendorsAir India owes about Rs 1,800 crore to its vendors, including lessors and banks that have demanded payment from the beleaguered airline, after the government’s unsuccessful efforts to find a buyer for its 76 percent stake.
Feb 01, 2017
Union Budget 2017: Air India gets Rs 1,800 cr as equity infusion even as losses pile upThe allocation has been made in the Union Budget for 2017-18, which was presented by Finance Minister Arun Jaitley on Thursday.
Sep 29, 2016
Strategic sale of PSUs: When will top loss-makers Air India, BSNL find a mention?BSNL and Air India together have accumulated losses estimated at over Rs 68,000 crore.
Sep 23, 2016
Vodafone India gets Rs 47,700 cr from parent to fight Reliance Jio, retire debt, buy spectrumVodafone's equity infusion of Rs 47,700 crore is believed to be the largest ever in India
Sep 22, 2016
Vodafone India touches 200 million customers; celebrates with largest ever equity infusion of Rs 47,700 croreCelebrating this big number, Vodafone also announced that it had received an equity infusion of INR 47,700 crore from Vodafone Group in the first half of its current fiscal year.
Sep 30, 2013
Auditors red flag SpiceJet finances, warn of complete net worth erosionThis is the second year in row that auditors have warned of a complete net worth erosion, but after the 2011-12 warning, SpiceJet managed to payoff most of its working capital loans and other liabilities.