Last month, Air India had put 14 properties on sale, in cities such as Mumbai, Kolkata, Chennai, Bengaluru, Pune and Amritsar.
This is the clearest sign yet that talks are gathering steam to seal a deal that could transform India's largest conglomerate from airline fringe player into the country's dominant, full-service international carrier.
The appreciating rupee and mixed leads from other Asian markets too influenced sentiment.
Dealers said the strength in the rupee was also supported by increased selling of dollars by exporters and the American currency's weakness against some currencies overseas.The revival package for Air India was sought by the aviation ministry after the government failed to find buyers for a 76 per cent stake in the airline.
The numbers for the reported quarter include results for Idea Cellular up to August 30, 2018 and for Vodafone Idea from August 31 to September 30 and hence these are not comparable to the earlier period, Vodafone Idea said in a statement.
Nirvik Singh will be replacing Singhania, as a non-executive chairman, and the latter will continue to remain on the board of Raymond Apparel, an official statement said.
Sonia's lawyer said there is a lot of ambiguity in the case given that multiple reports earlier stated that the data in question belonged to the company but was later acknowledged as the founder's personal data.
Buying Jet, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalised, and six years after it re-entered the market with two joint ventures.
The recovery was also supported by dollar-selling by exporters and banks, foreign fund inflows and the greenback's weakness against some currencies overseas, traders said.
The bank's gross non-performing assets (NPAs) hit 31.78 per cent (Rs 60,875.49 crore) of the gross advances by September 30, 2018 as against 24.98 per cent (Rs 51,367.69 crore) in the year-ago period.
Pharma and information technology shares tumbled due to stronger rupee which rose 50 paise to 72.17 against the US dollar (intra-session) in late afternoon trade. It scaled a high of 71.99 at the outset.
Flipkart's employees said they did not have even an inkling of the allegations until the resignation. 'Generally even the slightest of news reaches the office floor. But regarding this, we had no clue. None of us,' one said.
According to the government data released on Wednesday, food articles witnessed softening of prices with deflation at 1.49 per cent in October, against 0.21 per cent September.
A two-member bench of NCLAT, headed by Chairman Justice S J Mukhopadhaya, approved UltraTech's resolution plan and said that plan submitted by the rival Dalmia Bharat group firm Rajputana Properties was discriminatory against some financial creditors.
The 30-share Sensex was trading 14.78 points lower at 35,129.71, after it spurted 201 points, or 0.57 per cent, to 35,345.49 points in opening session.The rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas, traders said.
The group has appointed Goldman Sachs Securities India as the investment banker and the multinational LionTree as an international strategic advisor for the deal, which it expects to be concluded by March or April 2019.
The decision comes amid concerns of a liquidity crisis in the economy after the financial services company IL&FS reported defaults in September.The Naresh Goyal-run airline is looking for investors to tide over the liquidity crisis, which has resulted in delayed payments to some vendors and salaries to a section of its over 16,000 employees.
The company had reported a consolidated net profit of Rs 1,017.7 crore in the year-ago period.
The investigation conducted by a global law firm could not corroborate the allegation. It did, however, surface a lack of transparency and inadequate disclosures on Bansal's part, Walmart said.
Currently, the RBI applies stricter norms and not those specified under Basel III for capital adequacy, leading banks to set aside higher capital for loans.
The company had posted a net profit of Rs 334.25 crore during the same period of the previous fiscal.
In terms of investments in the Indian start-ups, Chinese firms have predominantly focused on e-commerce, followed by transportation and fintech, with majority of the biggest deals in late-stage e-commerce sector, said the report.Walmart Inc, which had acquired the online retailer less than six months ago, said it has accepted Bansal’s resignation because it had found a lack of transparency in how Binny responded to the situation.
otal funds garnered through SIPs (Systematic Investment Plans) have reached to Rs 52,472 crore in the current fiscal so far (April-October), according to the data available with Association of Mutual Funds in India.
The scrip plunged 9.98 per cent to close at Rs 37.45 on BSE. During the day, it slumped 14.90 per cent to Rs 35.40.The BSE 30-share Sensex, after resuming a tad higher at 34,846.90, quickly slipped into the negative zone to touch a low of 34,672.20, largely in sync with global sell-off.
After posting its third consecutive quarterly loss on Monday, debt-laden Jet Airways said it planned to cut flights on less profitable routes and add capacity in more lucrative markets.
A member of Australia-bound Test squad, Shami will leave for the tour Down Under after playing the Ranji Trophy third round match at the Eden Gardens.
Mahmudullah Riyad scored his first Test century in more than eight years as Bangladesh set Zimbabwe a towering 443-run target to win the second Test in Dhaka on Wednesday.
Rarely do young cricketers around the world get a chance to realise their dreams of interacting with their heroes. But Sam Williams, a fan of David Warner, had the kind of impact none could have imagined.
The Indian cricket team are currently on a break after their home series win against West Indies and will leave the country for their tour of Australia on November 16th. The Australian tour will kick off with three T20Is before the two sides change over to the longer format with four Test matches and finally round off the assignment with three ODIs.
Provincial council member Dadullah Qani said on Thursday that the onslaught on the police outpost in the province's district of Khaki Safed began late on Wednesday and continued for more than four hours.
A congressionally mandated panel tasked with examining and making recommendations with respect to the National Defense Strategy Commission (NDSC) said the rivals and adversaries are challenging the US on many fronts and in many domains.
In an ultra-competitive society the rite of passage plays a large part in defining students' adult lives, holding the key to top universities, elevated social status, good jobs, and even marriage prospects.
Many of the new arrivals were waiting in Tijuana for the caravan leaders to arrive and provide guidance on their immigration options to the U.S., including seeking asylum. Some said they might cross illegally.
The parliament passed the no-confidence motion against recently appointed prime minister Mahinda Rajapaksa and his government, with the backing of 122 lawmakers from the 225-member legislature.
Yoshitaka Sakurada, 68, was named to the two posts last month by Prime Minister Shinzo Abe, having never held a cabinet position before during his 18 years in parliament.
Congress had tasked the National Defense Strategy Commission to look at President Donald Trump's sweeping National Defense Strategy (NDS), which highlights a new era of "Great Power competition" with Moscow and Beijing.
State Department Coordinator for Counterterrorism Nathan Alexander Sales said during a Congressional hearing that the US was "very concerned" over the support for terrorism in any region of the world.
Butte County Sheriff Kory Honea told journalists on Wednesday evening that 461 search and rescue personnel and 22 cadaver dogs were involved in the effort to locate those missing and DNA testing was being expedited to identify the victims.
The SITE Intelligence Group which monitors jihadist threats said the graphic was issued Wednesday by the Sunni Shield Media Foundation, which is aligned with the Islamic State.
Health authorities have so far recorded 25,170 cases, occurring in 21 out of the country's 26 provinces, the WHO's office in the DRC said.
She ran afoul of Melania Trump and her staff in negotiations over the first lady's trip to Africa in October and the use of government resources for the trip, a senior administration official said.
Marie Antoinette, who historians say was reviled by much of the French public over her lavish spending in the midst of a national financial crisis, was guillotined in Paris in October 1793 at the age of 37.
On Tuesday, Trump fired off a caustic series of tweets against his weekend host and renewed his frequent charge that America's European allies in NATO spend too little on defence.
Fox, which has often been praised by US President Donald Trump, said the revoking of the CNN reporter's press pass raises concerns over freedom of the press.
Fearing for the economy, many Iranians rushed to secure their savings by buying foreign exchange and precious metals, causing the rial to lose around 70 percent of its value against the dollar and the price of gold coins to quadruple.
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