Investors pull $1.5 billion from India equities so far in July: IIF

  NEW YORK (Reuters) – Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the Institute of International Finance showed on Wednesday. “Unlike other episodes, which mostly coincided with broader (emerging market) outflows such as Continue Reading

India sees little scope for Jet Airways revival: government sources

NEW DELHI (Reuters) – India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials said, even as thousands of employees plead with the government for a rescue. FILE PHOTO: A Jet Airways employee places a sticker on the shirt of his Continue Reading

SpiceJet seeks planes from other sources after India grounds 737 MAX fleet

A man looks out through a window with an advertisement of SpiceJet Airline, on a commercial building in the western Indian city of Ahmedabad February 14, 2014. REUTERS/Amit Dave (Reuters) – India’s SpiceJet Ltd said on Friday it was in talks will lessors globally to induct aircraft, in an effort Continue Reading