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George Alexander Muthoot, the managing director of Muthoot Finance said, 60 per cent of the issue is allocated to retail and high networth individual investors.Business
Muthoot Homefin to raise Rs 300 cr via debentures

The base size of the issue is Rs 150 crore, with an option to retain oversubscription of a similar amount, aggregating...

5 April 2019 2:59 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Lessors to Jet Airways plan to de-register more planes in coming days:...

About 6 of Jet's lessors are likely to apply to the DGCA to de-register up to 15 of the grounded planes.

5 April 2019 2:52 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)Business
Bank of India looks to divest insurance JV stake worth about USD 160...

Bank of India is looking to sell 64.9 mn shares, or 25.02 pc stake, in Star Union Dai-ichi Life Insurance Co Ltd.

5 April 2019 1:53 PM IST

Tata Sky on Wednesday said it has paid Rs 561 crore as licence fee to the government for 2017-18 financial year.Business
Tata Sky makes U-turn on NaMo TV; says its special service, not a news...

Main opposition Congress party, as well as AAP, alleged that the channel violated the model poll code.

5 April 2019 1:15 PM IST

MG Motor now owned by Chinas SAIC Motor Corp, will start its Indian operations in May with the launch of the 5-seat Hector in the mid-size SUV segment.Business
MG Motor to launch 5 SUVs in India in next two years

MG to introduce an all-electric SUV by the end of 2019. Hector 7-seat on the cards as well.

5 April 2019 1:03 PM IST

Promoters of Fortis Healthcare, Malvinder Singh and Shivinder Singh. (Photo: ANI)Business
Pay your dues or go to jail': SC to Ranbaxy promoters

Top court bench led by CJI Ranjan Gogoi said it will hear the contempt petition against former Ranbaxy owners on April...

5 April 2019 11:40 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Jet Airways shares trade marginally lower in morning session

The scrip was down at Rs 259.15 after opening at Rs 264 on the BSE.

5 April 2019 11:18 AM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.Business
Govt sells Rs 1,150 crore worth enemy shares in Wipro

The sale would help in monetisation of movable enemy property lying dormant for decades.

5 April 2019 10:30 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.Business
Sensex rises over 200 points on positive global cues

The BSE gauge Sensex was trading 200.69 points, or 0.52 per cent, higher at 38,885.41

5 April 2019 9:49 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)Business
Rupee rises by 12 paise against dollar in early trade

Foreign fund outflows weighed on the domestic currency and restricted the upmove.

5 April 2019 9:44 AM IST

Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)Business
Fuel supply to Jet Airways stopped at Delhi airport due to non-payment...

Fuel supply was stopped at 5 pm and resumed at about 6:15 pm after the assurance of the payment was given.

5 April 2019 9:40 AM IST

The lenders are cognizant that the outcome of the efforts of the Lenders will depend on the interest shown by the parties on the sale of the stake in the Company. (Photo: ANI)Business
Jet airways lenders meet, intend to pursue bank-led resolution plan...

The airline has over one billion dollars in debt and has to repay money to banks, lessors of planes.

5 April 2019 9:34 AM IST

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