Govt to sell 10% stake in IOC to raise Rs 9,500 crore on Monday

Last Updated: Friday, August 21, 2015, 18:35

In the biggest disinvestment this fiscal, the government will on Monday sell a 10 percent stake in nation's largest oil firm IOC to raise about Rs 9,500 crore.

Jet Airways rolls out benefits for India, Bangla students flying abroad

Last Updated: Thursday, August 20, 2015, 22:32

Private carrier Jet Airways Thursday said students from India and Bangladesh going abroad, particularly to the US and Europe, for higher studies under its 'EduJetter' programme can now avail its codeshare flights operated by partner airline Etihad Airways as well.

SEBI notifies 'fast-track' route for share sales

Last Updated: Tuesday, August 11, 2015, 19:32

To boost fund raising from markets, SEBI Tuesday notified new norms, which will provide all listed companies a 'fast-track' route for share sales.

Independence Day Special: Jet Airways offers 30% off on fares

Last Updated: Monday, August 10, 2015, 19:18

This special fare offer will be available for sale from August 10 to 14 and for travel between September 10 and April 14 next year, Jet Airways said in a release.

Jet Airways announces flat 30% discount on fares

Last Updated: Monday, August 10, 2015, 14:38

Jet Airways has announced a promotional scheme offering a flat 30 percent discount on base fares of domestic and international flights to celebrate 69th Independence Day.

Govt looking at enhancing capital allocation for PSBs: Jaitley

Last Updated: Thursday, July 30, 2015, 20:03

Government is examining the possibility of suitably enhancing the capital allocation for public sector banks (PSBs) during this fiscal, Finance Minister Arun Jaitley has informed the Rajya Sabha.

SBI plans to offer 3% profit to staff

Last Updated: Friday, July 17, 2015, 14:12

State Bank of India (SBI) on Friday said it plans to offer up to 3 percent of annual profit to employees as part a talent retention and motivation initiative.

IIFL Holdings jumps almost 3% on Fairfax open offer

Last Updated: Wednesday, July 15, 2015, 13:29

Shares of IIFL Holdings rose almost 3 percent on Wednesday after Fairfax India Holdings announced an open offer to buy an additional 26 percent stake in the financial services firm.

Mechanism for public offer of govt bonds to be out soon: BSE

Last Updated: Thursday, July 9, 2015, 19:07

To encourage retail participation in government bonds, top stock exchange BSE on Thursday said that a mechanism would be in place in the next 6-9 months for a 'public offer' of such debt instrument.

Air Costa offers flat discount of Rs 1000 on economy tickets

Last Updated: Thursday, July 9, 2015, 18:42

Vijayawada-based regional carrier Air Costa Thursday offered a flat discount of Rs 1,000 on economy and economy plus class tickets booked over the next five day to celebrate the one million passengers mark, which it achieved late last month.

McNally to raise Rs 100 crore from EMC

Last Updated: Wednesday, July 1, 2015, 19:32

McNally Bharat Engineering will raise Rs 100 crore by selling shares to EMC Ltd, which will also launch an open offer worth over Rs 131 crore to the company's public shareholders.