Adani Group eyes Air India, talks in preliminary stage
By Ritu, Capital Sands Billionaire industrialist Gautam Adani backed diversified conglomerate Adani group is weighing a potential bid for state-run carrier Air India, Experts Said. If the deal fructifies, it will mark the Adani group’s big-bang entry into the domestic airline market. “The Adani group has engaged advisors and is evaluating submission of an expression […]
Virus spread beyond China drives investors to dollars
By Administrator_India Capital Sands Asian currencies slid on Monday as the rapid spread of the coronavirus outside China drove fears of a pandemic and sent investors flocking to gold and the dollar for safety. Italy, South Korea and Iran posted sharp rises in infections over the weekend. South Korea now has more than 760 cases, […]