Rhik Kundu
Stories by Rhik Kundu
India: NHAI launches InVIT, gets CPPIB and Ontario Teachers’ as anchor investors
Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board will hold 25% of the units each.
RattanIndia to invest in US-based drone platform Matternet
The investment marks RattanIndia's entry into the deep-tech UAV industry.
India: SpiceJet board to discuss various fundraising options
Indian airlines are likely to register a consolidated loss of about $4.1 billion during FY2022.
Companies in India raise capital on fears of third wave
The trend is more visible in consumer-facing sectors such as civil aviation, tourism, retail and automobiles.
AirAsia Berhad values remaining 16% stake in India venture at $18.8m
Majority-owner Tata Sons has the option to buy out AirAsia Bhd’s remaining stake.
Indian budget airline GoAir rebrands as GoFirst ahead of IPO
"At the heart of this revamp is the full embrace of the ultra-low-cost airline model," the airline said.
COVID-hit Indian airline IndiGo to weigh raising funds through QIP
In January IndiGo had shelved plans to raise $542m through a QIP.
Singapore Airlines raises $1.5b from sale and leaseback of aircraft to shore up liquidity
The airline has raised around $11b in fresh liquidity since April 1, 2020.
Tata Group firmly in the driver’s seat to buy Air India
Tata Sons has quoted a higher price than SpiceJet promoter for Air India in the preliminary bidding round.
Tatas, Indian government inch closer to finalising Air India deal
Final talks between both parties are underway, and a financial bid will be submitted by the Tatas this month.