Support our Journalism 9th Anniversary: Free Tote & Mug Subscribe Home India $700 mn Megha Engineering stake buyout could be one of India’s biggest... India $700 mn Megha Engineering stake buyout could be one of India’s biggest deals this year Key sha... See more
Home India RBI invites global bids for polymer banknote material India RBI invites global bids for polymer banknote material Bids close Aug. 18; initial tender is for 68,000 reams of polymer substrate for two denominations, with larger procurement planned... See more
Home India Akasa Air seeks Rs 10.5 billion in investment as US-Iran war drives... India Akasa Air seeks Rs 10.5 billion in investment as US-Iran war drives up costs As the youngest Indian airline seeks funds in form of investment and debt, it has also bee... See more
Akasa Air is looking to raise Rs 1050 crore ($110 million) through equity and debt, people familiar with the matter said, as India’s youngest airline seeks funds to overcome challenges brought on by the Iran war.The airline has approached existing as well... See more
For the equity portion, Akasa’s existing owners will contribute 5 billion rupees and the remainder will come from one Asian investor and one American investor, said the people.Akasa Air is looking to raise 10.5 billion rupees ($110 million) through equity... See more
