While Reliance Infrastructure share price surged 13.01% to 129.85, Reliance Capital share price rose 11.51% to 165.65 on the BSE.  The Reliance Communications share price surged over 12% to 6.15 on the BSE. The Reliance Power stock too surged over 9 percent to 11.70 in trade today.

Reddy says such ideas can lead to \"irreversible fiscal deterioration\" and \"conflicts\" between the Centre and the states.

While the final contours of debt-restructuring and consequent changes are being worked out, analysts believe that Etihad Airways should come as the main driver for Jet Airways.

Alleges younger brother Shivinder Mohan Singh has already signed the 'family settlement' \"in his greed to become the next spiritual head of the Radha Soami Satsang Beas\".

While the value of the bids by NBCC and Suraksha grouo could not be ascertained, two other shortlisted players - Kotak Investment and Cube Highways - did not submit bids.

The Jet Airways share price opened lower at 224.15 and hit  an intra day low of 215 before heading north on the bourses. The Jet Airways share price has lost 68.51% during the last one year and fallen 14.24% since the beginning of this year.

The Bank Led Resolution Plan (BLRP) by lenders estimated a funding gap of Rs 8,500 crore (including proposed repayment of aircraft debt of Rs 1,700 crore) to be met by appropriate mix of equity infusion, debt restructuring, sale and lease back of aircraft, among other things.

Mallya asks why the PM is not instructing banks to recover the money they lent to the now defunct Kingfisher Airlines as he has already put his assets worth over Rs 14,000 crore before the Karnataka High Court.

RComasks Ericsson to accept Rs 118 crore of the total amount but the company counsel declined to accept the proposal.

The company said that the first nine months of the year were quite challenging, especially in Q3, as the system confronted a liquidity issue on the NBFC front. The third quarter has been particularly challenging for the financial sector with the liquidity challenges affecting overall borrowing activity.

While equities, insurance and debt instruments are the basic components of any asset allocation mix, a working woman's ideal portfolio will also depend on her risk appetite and financial goals

Earlier this month, the corporate affairs ministry submitted the debt resolution plan for IL&FS; resolution process would be based on the principles enunciated in the Insolvency and Bankruptcy Code.

The share of promoters in the Reliance ADAG Group companies have decreased in the bracket of 2 to 4 per cent, bringing down promoter stake in Reliance Capital below 50 per cent.

Reliance Group companies lost Rs 13,000 crore, an unprecedented nearly 55%, in market capitalisation over just 4 days, causing substantial losses to 72 lakh institutional and retail shareholders.

The Tata Motors share price crashed to a fresh 52-week low of 141.90, down 22.41% or 41 points compared to the previous close of 182.90 on BSE. Singed by a non-cash charge of Rs 27,838 crore to cover the impairment at Jaguar Land Rover (JLR) in the three months to December 31 and a cut in future profit margin outlook, the Tata Motors share price ended 17.28% lower to Rs  151.30 on the BSE.

The full service carrier, which is grappling with acute financial problems, is working to restructure its debt as well as raise fresh funds.

The RBI has reduced repo rate (at which RBI lends to banks) by 0.25 per cent to 6.25 per cent, a move that will translate into softening interest rates.