Sunday, September 30, 2018

Debt-Ridden IL&FS Banks On Rights Issue To Clear Dues: 10 Points

Revealing a three-part strategy, debt-hit Infrastructure Leasing & Finance Services (IL&FS) said on Saturday that it needs to have a successful rights issue to recapitalise itself. In August, IL&FS's...

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After Surge In Aviation Accidents, Regulator Tightens Rules For Non-Scheduled Operators

The civil aviation regulator DGCA announced a series of safety measures for non-scheduled operators (NSOPs) following a high-level meeting t...