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IndiGo likely to file prospectus for $400 million IPO today
Tue, Jun 30 2015. 02 14 PM

IndiGo likely to file prospectus for $400 million IPO today

Around $200 million would be raised by issuing new stock and the remaining by sale of shares by existing investors, according to sources
GMR to revamp Rs4,500 crore Odisha plant loan
Sun, Jun 28 2015. 11 59 PM

GMR to revamp Rs4,500 crore Odisha plant loan

Infrastructure group is looking to pare high-cost debt, obtain additional funds to repay loans, says top finance executive
JSW Jaigarh Port signs pact with Konkan Railway for building rail connectivity
Sun, Jun 28 2015. 09 52 PM

JSW Jaigarh Port signs pact with Konkan Railway for building rail connectivity

The Rs.771-crore project will help the firm to haul bulk commodities from Jaigarh port to Konkan Railway and further onward movement to hinterland
Shriram Equipment to merge with parent Shriram Transport Finance
Fri, Jun 26 2015. 11 21 PM

Shriram Equipment to merge with parent Shriram Transport Finance

Firm say board of directors approved so-called draft scheme of amalgamation for merging with Shriram Transport, subject to it receiving mandatory approvals
Saroj Poddar’s Texmaco Rail to merge Kalindee Rail with itself
Thu, Jun 25 2015. 01 14 AM

Saroj Poddar’s Texmaco Rail to merge Kalindee Rail with itself

Shareholders of Kalindee Rail will get 106 shares of Texmaco Rail for every 100 shares held
Essar Oil UK refinances $475-million loan
Wed, Jun 24 2015. 05 08 PM

Essar Oil UK refinances $475-million loan

Essar Energy’s UK unit has agreed to new long-term working capital facilities via arrangements for monetizing inventory and securitizing receivables
Varun Shipping to split into two firms after Bombay HC clears demerger
Wed, Jun 24 2015. 08 22 AM

Varun Shipping to split into two firms after Bombay HC clears demerger

Varun Shipping will be demerged into two separate listed entities—Varun Global Ltd and Varun Resources Ltd
Micromax buys minority stake in travel search firm Ixigo
Tue, Jun 23 2015. 01 00 AM

Micromax buys minority stake in travel search firm Ixigo

Handset manufacturer enters application services; transaction to give Ixigo reach of over 30 mn incremental users
Edelweiss ARC wants part of Bharati Shipyard debt to be converted to equity
Mon, Jun 22 2015. 12 36 AM

Edelweiss ARC wants part of Bharati Shipyard debt to be converted to equity

ARC finds only half of the bad loans worth Rs8,500 crore it bought 6 months ago is sustainable
Now, Reliance Group seeks licence to make airplanes
Fri, Jun 19 2015. 11 48 PM

Now, Reliance Group seeks licence to make airplanes

After applying for licences to manufacture helicopters and weapons, Anil Ambani’s firms now seek to make airplanes and warships

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