Why Shapoorji Pallonji Group, with exposure to worst-hit sectors such as construction, real estate and infrastructure, is exploring options to deleverage

The government will sell its entire stake in Tata Communications Ltd (TCL), erstwhile VSNL, through an offer for sale and strategic sale route by March 20, 2021

The details were sought in reference to restrictions on the Transaction Advisor, Ernst & Young LLP India, from publicly disclosing the details of the qualified interested bidders of Air India who have responded to and have been cleared in the evaluation of Expression of Interest 

The move by the NYSE, which will limit US investor access, follows global index providers MSCI Inc, S&P Dow Jones Indices and FTSE Russell and Nasdaq deleting various Chinese companies from their indexes

Addressing a webinar organised by Care Ratings, V R Sharma, the managing director of JSPL said the government should instead lead by example by asking PSUs like Steel Authority of India Ltd and Rashtriya Ispat Nigam Ltd to reduce prices

In stage II, shortlisted bidders will be given a request for proposal (RFP), post which a transparent bidding process will take place

A bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian asked the parties to file compiled written submissions and subject index in the matter

CJI Bobde's statement was specifically addressed to Senior Counsel Harish Salve and Dr AM Singhvi, who is appearing for Tata Sons

Air India presently has third-largest (9.4 per cent) traffic share in the domestic markets. Tata Group-owned airlines - AirAsia India and Vistara - were fifth and sixth largest with 7.1 per cent and 6.4 per cent market share, respectively

On Tuesday, the panel will see transaction advisor Deloitte's report on the scrutiny of the three bids that were received at the close of bidding last month

The government is selling its entire 100 per cent stake in Air India that has been in losses ever since its 2007 merger with domestic operator Indian Airlines

Sensex, Nifty updates on December 7:   During the session, Sensex gained 339 points to 45,418 and Nifty rose 96 points to 13,354.

As per the Indian Council of Medical Research (ICMR), Serum Institute has manufactured four crore doses of the vaccine under the at-risk manufacturing and stockpiling licence obtained from the DCGI

Tata group, Reliance Industries, Adani Group, JSW and Vedanta are among others in race for lucrative assets, including start-ups

Stocks to watch today on December 3: Wipro, Trident, Airtel, M&M, Ceat, MCX, Sun Pharma among others are the top stocks to watch out for in Thursday's trading session

Supreme Court will hear a plea by two investment firms - Cyrus Investments and Sterling Investment - for separation from Tata Sons as part of additional relief in its minority oppression case

Malaysia's budget carrier AirAsia said in a statement that its operations in India, like those of its now-shuttered business in Japan have been draining cash and causing the group much financial distress

In its petition to the Supreme Court, Shapoorji Pallonji (SP) family on October 29 had submitted to end its seven decades-old tie with the Tata Group

\"Tata Sons is effectively a two-group company, with the Tata Group comprising Tata Trusts, Tata family members and Tata companies holding about 81.6 per cent of the equity share capital, and the Mistry family owning the balance 18.37 per cent,\" Shapoorji Pallonji family said

Private banks with existing exposure are cautious because of the group's stretched financial situation. The holding company has already approached the banks for a one time restructuring under the COVID-19 relief package