Sebi keeps approval to Go Air’s Rs 3,600-crore IPO in abeyance

The Securities and Exchange Board of India (Sebi) has kept the approval of Go Airlines (India)’s Rs 3,600-crore initial public offering (IPO) in abeyance. While the airline denied receiving any communication from the stock market regulator, Sebi’s website shows that it had sought clarifications from ICICI Sec­urities, the lead banker for the pre-issue, on June […]

National highways offer returns over 15% via Realty development, says JLL

National highways offer real estate development opportunities across the country with over 15 per cent returns for investors/developers, said a release by JLL today. In the short term, with infrastructure development and connectivity being created, real estate appreciation in the vicinity is estimated to be in the range of 60-80 per cent. However, there is […]

Rajnath Singh to inaugurate BRO’s 63 infra projects from Ladakh today

Defence Minister Rajnath Singh on Monday will inaugurate 63 infrastructure projects constructed by the Border Roads Organisation (BRO) from Ladakh. Singh is currently in Leh for a three-day visit to Ladakh. “Raksha Mantri Rajnath Singh will inaugurate 63 infra projects constructed by BRO from Ladakh at 10.00 an today,” tweeted the Defence Ministry. The Minister […]