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FinMin to give in-principle approval for UTI MF IPO soon

Last Updated: Monday, August 18, 2014, 16:13

Country oldest fund house UTI Mutual Fund may revive its initial public offer (IPO) plan after Finance Ministry's nod which is expected soon.

Jet Airways extends special economy fare offer by two days

Last Updated: Wednesday, August 06, 2014, 00:31

Jet Airways on Tuesday extended its special economy class fare offer by two more days.

Jet, SpiceJet start another round of fare-war

Last Updated: Thursday, July 31, 2014, 23:22

Even as the aviation regulator has been frowning upon the unsustainable fare-war, Jet Airways Group today announced up to 50 percent discounts, with SpiceJet following suit.

Spicejet puts ten lakh seats on block at fares starting Rs 999

Last Updated: Tuesday, July 08, 2014, 22:21

The bookings for the three-day mega sale offer started on Tuesday for travel between January 6 and October 24, 2015, according to SpiceJet website.

Reliance Comm raises Rs 48 billion via share sale: Sources

Last Updated: Wednesday, June 25, 2014, 10:49

People familiar with the matter said the company received total bids of about Rs 120 billion.

RCom to raise Rs 4,300 crore from investors, promoters

Last Updated: Tuesday, June 24, 2014, 18:01

The offer price of the QIP has been fixed at Rs 142.13 a share, which is a 5 percent discount to the floor price of Rs 149.61.

Alstom approves GE's $17 billion offer to buy its power biz

Last Updated: Monday, June 23, 2014, 12:19

Meanwhile, the French government, on Sunday, said that it will buy 20 percent stake in Alstom from construction giant Bouygues SA.

SEBI tightens norms for debt-oriented mutual fund schemes

Last Updated: Friday, June 20, 2014, 20:23

SEBI has directed the mutual funds to maintain an average AUM of Rs 20 crore on half yearly rolling basis for open ended debt oriented schemes.

SEBI board approves expanding framework for OFS mechanism

Last Updated: Thursday, June 19, 2014, 17:33

Retail investors will now get a 10 percent reservation in an offer for sale (OFS) by listed companies and they may also be given discounts by entities selling shares through this mechanism.

SpiceJet extends Rs 1,999 special monsoon fare offer pan-India

Last Updated: Tuesday, June 17, 2014, 17:36

The offer is applicable to airline's all domestic destinations, including Mumbai, Delhi, Kolkata and Chennai.

Govt likely to sell HZL stake via OFS; may fetch Rs 20,000 cr

Last Updated: Monday, June 16, 2014, 19:00

The government is likely to sell its residual stake in Hindustan Zinc for an estimated Rs 20,000 crore through an Offer For Sale, and is in final stages of discussion with market regulator SEBI for changes in the OFS norms.

SEBI may relax norms for sale of bonus shares in an IPO

Last Updated: Monday, June 16, 2014, 18:53

As part of its efforts to revive primary markets, SEBI may relax restrictions on sale of bonus shares held by promoters or other investors during an Initial Public Offer of a company, even if these shares have been held for less than a year.