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Indigo IPO! InterGlobe Aviation files DRHP with SEBI

India Infoline News Service | Mumbai | June 30, 2015 17:29 IST

The Issue will consist of a fresh issue aggregating up to INR 12,722 million and an offer for sale of up to 30,146,000 equity shares by certain selling shareholders of the Company.

AirAsia India introduces the red carpet service

India Infoline News Service | Mumbai | June 30, 2015 17:12 IST

AirAsia India announced its latest service, Red Carpet which is aimed to offer further convenience and comfort options to passengers.

Helion Ventures, Omidyar invest in RailYatri

India Infoline News Service | Mumbai | June 30, 2015 12:55 IST

This round of funding will be used to reach out to every train traveler in India and consolidate its product leadership in the domain. Rahul Chandra, Managing Partner, Helion will join the board of the company.

GVK Power rooting for IPO listing for its airport segment, to tackle its debts

India Infoline News Service | Mumbai | June 30, 2015 10:32 IST

The IPO proceeds, which is to be estimated around Rs. 3,000- 3,500 crore, may be utilized to trim GVKs debt.

GMR Infra JV breaks ground for Mactan-Cebu Airport Terminal-2 in Philippines

India Infoline News Service | Mumbai | June 29, 2015 14:44 IST

The development of Terminal 2 and the expansion of MCIA will allow GMCAC to launch more direct international services to Cebu and expand the number of domestic connections such that Cebu becomes a major gateway into the Philippines.

IndiGo to file prospectus for $400 mn IPO

India Infoline News Service | Mumbai | June 27, 2015 18:28 IST

IndiGo has appointed Citigroup, Kotak Investment Banking, Morgan Stanley and JP Morgan Chase as lead managers for the listing.

The Week That Was

India Infoline News Service | Mumbai | June 26, 2015 18:21 IST

The Indian market has managed to stay a bit resilient in recent times despite global developments causing worries in other markets. Key indices have so far ignored the ongoing battle between Greece and creditors for debt solution. A better-than-expected start to the monsoon and a nominal Rs50 per quintal hike in the minimum support price (MSP) for paddy spurred hopes that the RBI will cut rates for a fourth time this year has contributed to the positive mood.

Jet Airways rallies after shareholders approve fund raising plans

India Infoline News Service | Mumbai | June 26, 2015 16:15 IST

The shareholders have approved raising $ 400 million through non-convertible debentures of bonds fund expansion. The company's total traded quantity was around 2.53 lakh shares against two weeks average quantity of 4.43 lakh shares.

GoAir launches discounted fares starting at Rs 999

India Infoline News Service | Mumbai | June 26, 2015 16:13 IST

These fares can be availed by customers to go to their favourite destinations across GoAirs network.

Aviation Newsletter - June 22 to 26, 2015

India Infoline News Service | Mumbai | June 26, 2015 12:40 IST

Jet Airways chairman Naresh Goyal said he would not reduce his 51% stake under "any circumstances".

Jet Airways gains 2% on raising funds

India Infoline News Service | Mumbai | June 26, 2015 09:48 IST

The shareholders have approved rasing $400 million (about Rs. 2,500 crore) through non-convertible debentures of bonds fund expansion.

No question of diluting stake in Jet Airways: Naresh Goyal

India Infoline News Service | Mumbai | June 26, 2015 08:41 IST

Goyal met Civil Aviation Secretary R N Choubey amid reports that Abu Dhabi-based Etihad Airways is looking to hike its stake in Jet Airways.

Jet Airways plans to raise $400 mn

India Infoline News Service | Mumbai | June 26, 2015 08:10 IST

Last week, airline notified that it had secured shareholder approval to raise the debt.

Aviation stocks in limelight on buzz of likely tax sops

India Infoline News Service | Mumbai | June 24, 2015 16:19 IST

The ministry of Civil Aviation is looking for possible ways to reduce the tax burden on the aviation industry.

Jet partners with Air Serbia for frequent flyer programme

India Infoline News Service | Mumbai | June 24, 2015 15:39 IST

The partnership between the two carriers will result in seamless travel for JetPrivilege members on flights operated and marketed by Air Serbia, including popular and new destinations

Meininger Hotels signs agreement with Fonciere des Regions

India Infoline News Service | Mumbai | June 24, 2015 13:42 IST

This is the first joint hotel project of MEININGER and Foncire des Rgions, who announced a strategic investment partnership in December 2014.

Jet, SpiceJet spurt on hopes of lower taxation

India Infoline News Service | Mumbai | June 24, 2015 11:55 IST

Both stocks have jumped around 4 percent on the BSE.

IndiGo valued at Rs.25,200cr! plans to raise $400mn through IPO

India Infoline News Service | Mumbai | June 24, 2015 08:51 IST

IndiGo is preparing to file documents for an initial public offering within the next 60 days, says a report.

Not in talks to increase stake in Jet Airways: Eithad Airways

India Infoline News Service | Mumbai | June 24, 2015 08:17 IST

."We are not in discussions with the government about raising our stake in Jet Airways," an Etihad official was quoted as saying,

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Recent Reports

Weak start to the July series; Sensex, Nifty to open lower

India Infoline Research Team / 08:44, Jun 26, 2015

IIFL is hosting 10 companies at a Management Roadshow in Mumbai today. The opening is a subdued start. US market saw minor losses with Dow, S&P 500 and Nasdaq closing marginally lower.

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