Maharashtra Cabinet Approves Mumbai Airport Ownership Transfer To Adani Airport Holdings

The Maharashtra cabinet on Wednesday approved a proposal transferring the ownership of the Mumbai International Airport Limited (MIAL) constructing the Navi Mumbai international airport to the Adani Airport Holdings. A statement issued by the Chief Minister’s Office (CMO) said the land acquisition for the…

DHFL case: NCLT appoints monitoring committee to oversee transition

The NCLT has named a seven-member monitoring committee for management and control of DHFL until Piramal Group’s resolution plan is implemented. Ashok Kacker, retired Chief Commissioner of Income Tax and Former Executive Director of SEBI, has been named as the observer and permanent invitee of the monitoring…

Sona Comstar raises Rs 2497.5 crore from anchor investors before IPO

The company is scheduled to go public on June 14 in a 3-day listing.The company claims it will be the largest IPO by an auto component maker. Sona Comstar filed its preliminary IPO papers in February and was given the green signal by Sebi in May to float the public issue Blackstone-backed Global Automotive Supplier…