SpiceJet says in talks with investors for fresh capital
SpiceJet is in “exploratory and preliminary stage” talks with investors about raising fresh capital, the budget airline said in a regulatory statement on Monday. The airline said a few parties had approached it about making an investment but because the talks were at an early stage it... read more »
Policy consistency is critical for investors: PwC chairman
PricewaterhouseCoopers (PwC) International chairman Dennis Nally is in India to release a report that suggests that the country has the potential to grow at 9% annually and become a $10-trillion economy by 2034 from under $2 trillion currently. He spoke to TOI about the steps that the government... read more »
Hawks circle over Iran talks extension
WASHINGTON – Buoyed by the failure of the US and five other powers to reach a comprehensive agreement with Iran over its nuclear program after a week of intensive talks, pro-Israel and Republican hawks are calling for Washington to ramp up economic pressure on Tehran even while talks... read more »
Indian Railways team in China for Delhi-Chennai bullet train
BEIJING: An Indian Railways team is in China to chalk out plans for conducting feasibility study to build the 1,754 km-long Delhi-Chennai high-speed train corridor, world’s second largest bullet train line. The high-level team of officials from Rail Vikas Nigam Limited led by Satish Agnihotri... read more »
