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Govt to examine if foreign airlines can fully own India carriers via investment partners


India's civil aviation secretary said on Friday it was not possible for a foreign airline to fully own an Indian carrier, but will examine whether it can be done through an investment partner.

Reliance Infra to raise up to $306 mn via institutional share sale

Ankit Doshi

Anil Ambani-led Reliance Infrastructure Ltd on Thursday approved raising as much as Rs 2,000 crore ($306 million) through a private placement of shares to institutional investors.

US-based Tricolor Cleantech Capital to invest up to $5 mn in JanaJal

Vijayakumar Pitchiah

US-based social impact fund Tricolor Clean Capital has committed to invest up to $5 million (around Rs 33 crore) into hybrid drinking water dispenser maker JanaJal, the company announced in a statement.

Exclusive: Hands-On Management Services in advanced talks for majority stake sale

Bruhadeeswaran R

Mumbai-based integrated facility management company Hands-On Management Services Pvt. Ltd is in late stages of discussion with investors to sell a majority stake, a top company executive told VCCircle.


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