The Rs 819-crore IPO of telecom infrastructure provider received bids for 2,59,42,43,370 shares against 6,11,95,923 shares on offer

Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25

Private equity and stressed asset funds continue to show interest in acquiring value assets undergoing insolvency proceedings despite delays and litigation

India Stock Market Highlights Today:  Intra day, both indices touched all time highs today, with Sensex hitting, 45,742 and Nifty touching, 13,435

The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department

The meeting is crucial given that no private investor has so far shown keen interest in acquiring the debt-laden carrier forcing the government to extend bidding date thrice

India Stock Market Highlights Today: ONGC, followed by NTPC, HDFC, Axis Bank, ICICI Bank, PowerGrid and Nestle India were among the top gainer on Sensex pack. On the other hand, TCS, Tech Mahindra, Infosys and Sun Pharma were among the laggards.

Jet Airways insolvency: The airline stated that the committee of creditors has not yet concluded the e-voting process under Section 30 (4) of the Insolvency and Bankruptcy Code

Jet Airways share was stuck in the upper circuit of 5% at Rs 26.60 against previous close of Rs 25.35 on BSE

A consortium of Flight Simulation Technique Centre, Big Charter and Imperial Capital Investments LLC is one of the two entities that submitted resolution plans for Jet Airways earlier this week

The bidders have been given two weeks' time to review the financial health of defunct Jet Airways and firm up their bids. They have the option to not submit a bid at the end of the due diligence process

Deadline for corporate insolvency resolution process of Jet Airways has also been extended by more than two months to August 21 to exclude duration of coronavirus lockdown that began on March 25

For Tata Group, getting into aviation was more of an emotional decision given that the group's patriarch JRD Tata pioneered the concept of aviation in the country by founding Air India in 1932

Share Market LIVE: In terms of sector, gains in Financials, FMCG, media and private banks were capped by losses in PSU Bank, metal , IT and pharma scips

Share Market Update: BSE 30-share S&P Sensex ended 152 points lower at 41,170 and NSE 50-share index Nifty50 closed 45 points lower at 12,080.

Share Market Update: During Thursday's trade, Sensex climbed to a fresh all-time high of 42,059 and Nifty too has hit a new lifetime high of 12,389 from 12,374.25 earlier.

Synergy Group Corp had earlier sought more time to complete the due diligence before submitting the final bid

Air India sale: Where IndiGo can bid for a 100% stake in Air India, Etihad can own only 49%, according to the current foreign direct investment (FDI) rules

Jet Airways' stock touched an intraday high of Rs 26.95, rising 4.86% today, with 0.22 lakh and 0.34 lakh shares changing hands on BSE and NSE.