- 06:00 PM MFs net sell Rs 257.50 cr in equities on Nov 26
- 05:59 PM MBL Infrastructures IPO richly priced: Angel Broki...
- 05:54 PM FIIs net buy Rs 306.10 cr in equities on Nov 26
- 05:47 PM Avoid MBL Infra IPO: Hem Securities
- 05:41 PM BSEL Ajmam exposure unaffected by Dubai debt crise...
- 05:33 PM Panel to smoothen FII investment process: UK Sinha
- 05:27 PM Loganadan overweight on capital goods sector
- 05:05 PM Omaxe says has $9.6 mln exposure to Dubai
- 05:00 PM Tata Motors posts consolidated qtrly profit
- 05:00 PM State farmers cheer year of cane; raise acreage


Kingfisher Airlines intends to use the major portion of its planned fundraising to retire debt and reduce its interest burden, its chairman said on Monday.
"I have confirmed that we are raising money. I would certainly use a large part of that to reduce debt," Vijay Mallya told reporters at the World Economic Forum.
Earlier, Mallya had said he was in advanced talks with private equity firms to raise USD 400 million, and would also be completing a USD 100 million rights share issue and a USD 100 million global depository receipts issue by the end of the fiscal year.
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