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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Centre Draws Line On IndiGo's Turkish Wet-Lease Plan, Extension Ends In 2026

The Ministry of Civil Aviation has said that IndiGo's permission to operate aircraft wet-leased from Turkey will end next year, making i...