The Serious Fraud Investigation Office is examining the books of Jet Airways to determine whether there was any diversion of funds. (Abhijit Bhatlekar/Mint)
The mood in the infrastructure sector is optimistic, as can be seen from the performance of the Nifty Infrastructure Index
The paid-up share capital of Vistara increased by  ₹600 crore in fiscal year 2018 and stood at  ₹1,620 crore as on 31 March 2018. With the capital infusion of  ₹4,020 crore since April 2018, the paid-up capital of Vistara now stands at  ₹5,640 crore.
The paid-up share capital of Vistara increased by 600 crore in fiscal year 2018 and stood at 1,620 crore as on 31 March 2018. With the capital infusion of 4,020 crore since April 2018, the paid-up capital of Vistara now stands at 5,640 crore.

Vistara promoters infuse more than 4,000 crore over 12 months

  • The money will be used to augment Vistara’s fleet, increase routes globally and attain earlier break-even
  • The 4,000-cr-plus infusion is the largest Vistara has received in a year since it started flying in 2015

Around 59 companies, with plans to raise up to  ₹53,000 crore, got Sebi’s nod to launch IPOs as of 31 March (Abhijit Bhatlekar/Mint)
Modi cult is in many ways modeled after Indira Gandhi’s personality cult that led to the Emergency. (Photo: PTI)
 (iStock)
The reserve price of Air India’s real estate assets ranged from  ₹16 lakh to about  ₹8 crore. (Pradeep Gaur/Mint )
The reserve price of Air India’s real estate assets ranged from 16 lakh to about 8 crore. (Pradeep Gaur/Mint )

Air India bid to sell prime real estate fails to take off

  • The debt-ridden national carrier is said to have sold less than 10 of the 56 properties it had put up for sale in April
  • The airline has generated about 450 crore from the sale of properties since 2012

 (Mint)
(Mint)

How your investments in NPS are faring

  • There are eight pension fund managers to choose from and one of the ways to choose your fund manager is by tracking the returns
  • Here is a breakdown of the performance of different funds of the private sector NPS

Photo: Mint
Photo: Mint

Opinion | Six messages in Narendra Modi’s return to power

Secularism was always an atheist’s point of view on how believers should behave, and other lessons

 (Photo: Pradeep Gaur/Mint)
The capital that public sector banks got from the centre has gone down a sinkhole. (Pradeep Gaur/Mint)
The capital that public sector banks got from the centre has gone down a sinkhole. (Pradeep Gaur/Mint)

Hopes high on PSB reforms, but history shows little to cheer

  • The FY19 results of 17 public sector lenders show they had to provide an aggregate of 1.99 tn towards dud loans
  • The capital worth 1.05 trillion that their owner gave during the year disappeared without a trace

Photo: PTI
Photo: PTI

Opinion | India’s ailing economy needs a green pill for revival

The Green New Deal could work in India too, allowing for a qualitative difference to the economy

JD(U) has identified R.C.P. Singh (left) and Rajiv Ranjan Singh as its representatives in the new Modi government.
JD(U) has identified R.C.P. Singh (left) and Rajiv Ranjan Singh as its representatives in the new Modi government.

After emphatic performance in LS polls, JD(U) eyes cabinet berths

  • The final selection to the Union cabinet will depend on Modi, the Prime Minister-elect
  • The JD(U)’s move to identify its representatives in the cabinet comes against the backdrop of the party’s strong performance in the elections

 (Photo: Reuters)
(Photo: Reuters)

Opinion | Behind the strong mandate lies weight of expectations

Poor feel that if Modi continues with schemes then their lives would change for the better

A large part of BJP’s gain can be attributed to the near decimation of the Congress. (AFP)
A large part of BJP’s gain can be attributed to the near decimation of the Congress. (AFP)

BJP secures 50% or more vote share in 16 states, UTs together

  • The Congress, however, could not win a single seat in the 17 states and Union territories in this general election
  • The electoral performance of the grand alliance between SP and BSP in Uttar Pradesh was no match for BJP

The council had in December recommended to the Union and state governments that the new returns should be adopted on a pilot basis from April and compulsorily by 1 July. (Photo: Mint)
The council had in December recommended to the Union and state governments that the new returns should be adopted on a pilot basis from April and compulsorily by 1 July. (Photo: Mint)

GST Council to implement changes in phased manner

  • Amid gradual changes, big businesses will have to file returns in the new forms first
  • The priority for the BJP, which has returned to power, is to stimulate the economy

Prime Minister Narendra Modi speaks to the media after his meeting with President Ram Nath Kovind, to stake claim to form the new government.  (Reuters )
Prime Minister Narendra Modi speaks during a public meeting in Ahmadabad, India.  (AP )
SpiceJet is a key player in the Union government's regional connectivity scheme UDAN operating 42 flights per day
SpiceJet is a key player in the Union government's regional connectivity scheme UDAN operating 42 flights per day

SpiceJet adds 100th plane to fleet, fourth domestic airline to do so

  • SpiceJet achieved the feat after national carrier Air India, now defunct Jet Airways and rival IndiGo
  • Spicejet in a release said it has added some 23 planes in the last one month alone

Old Bridge Capital founder Kenneth Andrade.
Old Bridge Capital founder Kenneth Andrade.

Old Bridge Capital to launch category 3 AIF

  • Old Bridge Capital’s category 3 alternative investment fund will invest in publicly listed companies
  • The latest Old Bridge fund will seek investments from domestic investors as well as NRIs and foreign portfolio investors

Photo: Reuters
Made on a budget of  ₹150 crore and released on 17 April, Kalank is the latest of Bollywood’s big-budget spectacles to fail.
Made on a budget of 150 crore and released on 17 April, Kalank is the latest of Bollywood’s big-budget spectacles to fail.

Bollywood still upbeat about big-budget spectacles despite misfires

  • Big budget films manage good deals by selling rights for satellite TV, digital streaming and overseas releases
  • Trade experts say there is much going for big-budget spectacles despite the huge sums at stake

PM Narendra Modi (PTI)
PM Narendra Modi (PTI)

Opinion | PM Modi checks in with a new moniker: Fakir

By adopting the moniker ‘fakir’, Modi is carving out a special status in the political order

Most of the action lately has been in the space of private InvITs. Photo: Reuters
Ashish Dikshit, managing director, Aditya Birla Fashion and Retail Ltd (ABFRL).
 (Mint)
Modi visited the Maldives in November to attend President Ibrahim Mohamed Solih's swearing-in ceremony (Photo: Reuters)
 (Mint)
India lost heavily to New Zealand by six wickets at the oval on Saturday.
India lost heavily to New Zealand by six wickets at the oval on Saturday.

No need to press panic button, says Tendulkar after India's loss to NZ

  • Tendulkar picked Afghanistan to produce major surprises in the showpiece, starting May 30 in the United Kingdom
  • India put up a dismal show in their opening practice game, losing by six wickets to New Zealand in London on Saturday

RIL m-cap zoomed to  ₹8,47,385.77 crore last week. Photo: Reuters

What’s driving the investor bet on Sensex stocks

  • On 20 May, the BSE Sensex closed at 39,352.67 points, up 3.75% from its previous close, after exit polls predicted victory for Prime Minister Narendra Modi. On 24 May, the Sensex closed at 39,434.72 points
  • In FY20, the price-to-earnings ratio of Sensex has been the highest in over 20 years

Photo: HT
Now the focus of the market should be on economic growth cycle besides other factors, said analyst (PTI)
A supporter of Bharatiya Janata Party (BJP) wearing a mask of Indian Prime Minister Narendra Modi.  (AFP )
A supporter of Bharatiya Janata Party (BJP) wearing a mask of Indian Prime Minister Narendra Modi. (AFP )

LS polls: NDA faced tough fight in first 3 phases, trounced opposition in rest 4

  • The BJP won a maximum number of 67 seats in the third round
  • According to a detailed analysis of the poll outcome, the BJP and its allies gained momentum from the fourth round and continued till the seventh and the last round

Renault has been trying to firm up its two-decade alliance with Nissan, which was shaken by the arrest of Ghosn last November over alleged financial misdeeds (Photo: AFP)
Renault has been trying to firm up its two-decade alliance with Nissan, which was shaken by the arrest of Ghosn last November over alleged financial misdeeds (Photo: AFP)

Fiat Chrysler likely to announce Renault partnership as early as Monday

  • Equity exchange is possible as pressure mounts on Nissan
  • Talks between Fiat and Renault have accelerated in recent days, as negotiators found a way to structure a deal

ICC Cricket World Cup Warm-Up Match - India v New Zealand - Kia Oval, London. (Reuters )
ICC Cricket World Cup Warm-Up Match - India v New Zealand - Kia Oval, London. (Reuters )

Virat Kohli sees positives in lower order despite New Zealand drubbing

  • Twice champions India slumped to 39-4 in the 11th over before all-rounders Hardik Pandya (30) and Ravindra Jadeja (54) offered some resistance
  • Virat Kohli said The Oval surface got easier to bat on as the game progressed.

India is expected to double its LNG import infrastructure in 5 years.
Travellers on the Deccan Odyssey are greeted with fanfare. (Photo: Alamy)
Travellers on the Deccan Odyssey are greeted with fanfare. (Photo: Alamy)

The most luxurious train in the world

  • Travelling by rail? The author of an around the world rail-travel book has some tips
  • Always find out the emergency number in every single country you’re travelling in