Newsmakers: IndiGo-Airbus jet deal, SpiceJet's additional flights and more

Goldman Sachs to invest $150 mn in Piramal Realty
Investment bank Goldman Sachs will invest $150 million for a minority stake in Piramal Realty, the Mumbai-based real-estate developer said on Monday. It did not disclose the size of the deal. Piramal Realty will use the money to expand its real-estate portfolio and buy prime properties in and around Mumbai, it said in a statement.

IndiGo finalises purchase of 250 new Airbus jets
Budget airline IndiGo has finalised the purchase of 250 A320neo aircraft, Airbus said on Monday, handing the European company its biggest-ever order by number of planes in a deal worth $26.55 billion at list prices. The agreement, which Airbus said was signed on Saturday, confirms an earlier provisional order by IndiGo for the 250 narrow-body planes announced in October.

RCom gets bids for 51% stake in tower unit
Reliance Communications Ltd, India's fourth-biggest mobile phone carrier, said it had received non-binding bids from a number of interested buyers for the sale of a majority stake in Reliance Infratel, its tower unit. The company, the most leveraged Indian telecommunications carrier with a net debt-to-EBITDA ratio of almost five times, has been talking about a plan to sell a stake in its tower unit as it focuses on its core business.

SpiceJet announces additional flights for winter schedule
Budget carrier SpiceJet on Monday announced to enhance its air connectivity on several trunk routes, including Delhi and Mumbai, and launch a new flight service between Goa and Ahmedabad in the coming winters. As part of the winter schedule, the airline has added a second flight to Ahmedabad from Mumbai as well as between Mumbai and Chennai, SpiceJet said in a statement. The winter schedules of the airlines in India comes into effect from last Sunday of October.

Sahara tells SC it will not sell overseas properties
Sahara Group on Monday told the Supreme Court that it was not selling its three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels and alleged that some entities are looking to grab these properties. "We will develop these properties. These properties including the London property have a huge potential", senior advocate Kapil Sibal, appearing for the Group, submitted before a bench headed by Justice T S Thakur.