Wednesday , 17 December 2025

Recent Posts

Jet Airways lenders plan to sell up to 75 pct stake

Bloomberg Jet Airways India Ltd’s lenders invited initial bids to buy as much as 75 percent of the debt-laden carrier, starting a process that will determine the future of India’s oldest surviving private airline. Potential buyers must submit their interest by April 10, State Bank of India Ltd, the lead creditor, said in a document. A strategic bidder should have …

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Ashley makes another bid to prevent wipeout of equity in Debenhams

Bloomberg Billionaire Mike Ashley made a fresh bid to prevent a wipeout of his equity in Debenhams Plc, offering to underwrite the issuance of 150 million pounds ($196 million) in new shares. The chief executive officer of Sports Direct International Plc said his support for the shareholder rights issue is conditional on him being named CEO of the department-store chain, …

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Tiny deals behind Mukesh Ambani’s bid to take on Amazon

Bloomberg A $2.5 billion spending spree involving more than two dozen deals provides some insight into how Mukesh Ambani is piecing together a strategy to take on Amazon.com in India. Asia’s richest man is sharpening his focus on e-commerce with a string of tiny acquisitions and stake purchases to face the world’s largest online retailer, after shaking up India’s telecommunications …

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