Minus SMEs raising Rs 335 crore, IPO market even more weak last year
Top bourses BSE and NSE promoted Small and Medium Enterprise platforms in 2013 and as a result 35 small units hit the market raising Rs 335 crore.
Joy Alukkas to reach 100 outlets across world by '14
Joyalukkas has offered a varied range of jewellery handpicked from different parts of th...
SpiceJet jumps 7.3pc on BSE amid stake sale reports
Shares of low-cost airline SpiceJet today jumped over 7 per cent on the Bombay Stock Exchange, amid media reports that its promoters are in talks with Religare Voyages for a possible stake sale, whic...
Airnetz plans to raise USD 100 mn in next 2-3 years
Private air-charter service provider Airnetz Aviation plans to raise USD 100 million over the next 2-3 years to fuel its overseas expansion and fund its aircraft acquisition programme, a top company official said.
Business charter companies hit air pocket
Aircraft fractional ownership providers see decline in demand from corporates
Funds through IPOs slump 82% to Rs 5,800 crore in 2011-12
Indian companies raised a total of Rs 5,800 crore during the last fiscal 2011-12 through IPOs - a slump of 82 per cent from the previous year.
Cayman private equity fund tailors deal to buy Deccan 360
A Cayman Islands-domiciled private equity fund has offered a package deal which could result in it acquiring Deccan 360.
Airnetz to launch pre-paid cards with insurance cover
Private air-charter service provider Airnetz Aviation plans to launch a pre-paid card in the market with an insurance cover which will enable customers to book a private aircraft or chopper quickly, a top official of the company said.
Airnetz plans air-taxi service
Private air-charter service provider Airnetz Aviation would launch its air-taxi service in the country next year, a top company official said on Tuesday.
Ran Air in talks to buy MRO firm Shaurya
Ranbaxy promoters' private charter company, Ran Air Services, is in talks to acquire a Delhi-based privately-held maintenance, repair and overhaul (MRO) company, Shaurya Aeronautics.
BJETS places $330 mn order for ten business jets
Indian fractional air charter firm BJETS has placed a major order with the US company Hawker Beechcraft to acquire ten Hawker 4000 business jets worth over 330 million dollars.
DIAL invites bids to develop general aviation facilities
With the opening up of the airport infrastructure sector to FDI, the GMR-led Delhi International Airport Limited has invited EoI from global firms to fund, construct and operate facilities for general aviation and non-scheduled operations at the IGI Airport here.
Now, Mallya has 46% in Deccan
The Vijay Mallya led-Kingfisher Radio now holds a 45.97% stake in aircraft and air charter operator Deccan Aviation, post open offer.
Now, Mallya has 46 per cent in Deccan
Vijay Mallya led-Kingfisher Radio now holds a 45.97% stake in aircraft and air charter operator-Deccan Aviation post open offer.
Red tapism at DGCA crippling business aviation market; regulator impervious to efforts of government
DGCA’s indifference to the plight of operators has survived even political clout. Even the Badals of Punjab have faced delays.
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