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Govt plans to raise Rs 34,000 crore via stake sale in 7 PSUs

The department of Investment and Public Asset Management (DIPAM) has come out with RFPs for appointing merchant bankers and legal advisors for stake sale in these PSUs.

SpiceJet today said it has partnered with HSBC India to provide a platform for passengers to make payments through mobile phones.
The Bengaluru-based firm had recently adopted a new Articles of Association that included a provision for buyback.
The company had posted a consolidated net profit of Rs 3,708 crore in the October-December quarter of FY17.