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IndiGo builds $1 billion war chest for third COVID-19 wave

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Domestic airline IndiGo is building a $1 billion war chest as it prepares to tide over a third wave of COVID-19. The airline's plans come amid receding daily cases in the country after a disastrous second wave.

Reliance Power to issue shares, warrants of up to Rs 1,325 crore to RInfra

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Reliance Power on Sunday said its board has approved preferential issue of shares and warrants of up to Rs Rs 1,325 crore to promoter company Reliance Infrastructure Ltd (RInfra).

IRDAI looking for an agency to manage its multi-media grievance redressal centre

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Regulator Irdai is looking for an agency to manage its multi-media grievance redressal centre with a view to address complaints of the insured public against insurance companies.