Jet board meet, Kwid EV debut, Rahul in Kerala & more: Top news today

Current Affairs

Before you start the day, let's take a quick look at some of the major events in the country that are likely to make headlines today. From Jet Airways board meeting to Rahul Gandhi's rally in Kerala, here are some of the most important news events scheduled for today that will be keenly watched.

1. Polycab India will make a debut on bourses

Wires and cables manufacturer Polycab India will make a debut on bourses on April 16 after a overwhelming response to its public issue last week. The final issue price is fixed at higher end of price band of Rs 533-538 per share.

2. Jet board meets today as lenders refuse funds

India’s first private airline Jet Airways is headed towards a total grounding and a decision could be taken as early as Tuesday after a meeting of its board of directors.

Left with no cash, a seven-plane fleet and fuel to run operations only till Tuesday afternoon, the end is imminent, said sources close to the development. “Jet cannot be saved now. It’s on the ground,” another source in the know said.

This follows Monday’s no-consensus emergency meeting of the lenders’ consortium, led by State Bank of India, to decide on infusion of Rs 1,000 crore immediately. Soon after, the suspension of the international operations was extended till at least April 18.

3. PM Modi to hold roadshow in Bhubaneswar today


 Prime Minister Narendra Modi will hold a roadshow in Bhubaneswar during his visit to Odisha on April 16. He is also scheduled to address two rallies in Bhubaneswar and Sambalpur on the same day...Read More

Parrikar's last rite, full IPL schedule, new Goa govt : Today's top events

Current Affairs

Before you start the day, take a look at the major events in the country that are likely to make headlines today. From Manohar Parrikar's last rites to full IPL schedule, here are some of the most important news events scheduled for today that will be keenly watched.

Muzaffarpur shelter home case: Delhi court to pass order on framing of charges today

A Delhi court is likely to pronounce on Monday its order on framing of charges in the Muzaffarpur shelter home sexual assault case in which 21 accused have been chargesheeted by the CBI.

Several girls were allegedly raped and sexually abused at an NGO-run shelter home in Muzaffarpur, Bihar, and the issue had come to light following a report by the Tata Institute of Social Sciences (TISS).

All the accused have denied the allegations levelled against them by the CBI and said there was not enough evidence to prosecute them.

Blackstone-Embassy to launch India's first REIT on Mar 18 to raise up to Rs 4,750 cr
Global investment company Blackstone and realty firm Embassy will hit the capital market with the country's first real estate investment trust (REIT) to raise up to Rs 4,750 crore, while it has received Rs 876-crore commitment from strategic investors.


 Embassy Office Parks, joint venture of Blackstone and Embassy, has entered into unit subscription agreements with strategic investors to allot them 2,92,08,800 units for Rs 876.3 crore.The REIT issue will open on March 18 with a price band of Rs 299-300 per unit. The issue closes on March 20. Read on...