Spice Jet gets offers from foreign airlines to buy stakes
Despite running into financial trouble last year, the beleaguered carrier seems to be getting a lot of offers from international airlines. However, Ajay Singh who acquired a majority stake in Spice Jet in February said it was premature for a strategic sale, as reported by Bloomberg. Read more: http://bloom.bg/1F1ULVp
Keynes: Revolutionary economist used to maintain detailed records of his sex life
Arguably the greatest economist of the 20th century, John Maynard Keynes used to keep detailed records of his sexual encounters, including names and details of the partner. Richard Davenport-Hines, the most recent author to pen down a biography about Keynes revealed that he maintained records from 1901 to 1925, as mentioned in The Economic Times. Read more: http://bit.ly/1wBvfEY
Spectrum auction bids cross one lakh crore mark on day 8
By the end of the eighth day, the telecom operators’ bids for airwaves rose to Rs 1,02,057 crore with telecoms giants like Bharti Airtel, Vodafone, Idea Cellular, Aircel, Reliance Communication and Reliance Jio among others in pursuit to acquire spectrum in different bands, as reported by The Hindu. Read more: http://bit.ly/1b6tLsX
Blackstone Group could become the largest commercial property owner in India
The Economic Times reports that the US private equity company, Blackstone Group will become the largest owner of commercial property in India if their negotiations to acquire 40% stake of DLF Cybercity in Gurgaon comes through. Read more: http://bit.ly/1GKOOhK
Shop Clues looking to acquire ad tech provider Komli
The Delhi-based online shopping website is in early talks to acquire advertising technology provider Komli Media. “We will look at acquisitions, but to build the ecosystem. We are not going to do a category acquisition. We might look at a payment solution, a wallet solution, customisation and personalisation,” Radhika Aggarwal, co-founder and chief marketing officer, Shopclues, told Financial Express. Read more: http://bit.ly/1wBHqSi
PM Modi needs to align the vibrant corporate market with a green agenda
India needs to align its financial sector keeping in lines with a green agenda. Naina Lal Kidwai, the HSBC chairperson in an opinion piece for the Times of India insists that the country needs financial system that encourages ecologically sustainable industry. Read more: http://bit.ly/1Cavp79
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