Air Arabia offers tickets on EMIs

New Delhi

Air Arabia on Wednesday announced the launch of "comprehensive Equated Monthly Instalment (EMI) payment options for Indian travellers". The EMI facility would be available for credit card holders of eight banks including that of SBI, Axis Bank and HDFC Bank. It operates 115 weekly flights from its hub in Sharjah to 13 Indian cities, including Jaipur, Kochi, Coimbatore and Mumbai. PTI

Jaipur

BSNL earns Rs 128-crore profit in R’sthan

Reeling under heavy losses in recent years, BSNL in Rajasthan has earned an operating profit of Rs 128 crore in the fiscal 2015-16, and the current trends show it would likely touch Rs 280 crore by the end of the current financial year. Besides, the revenue growth of Rajasthan BSNL has made a history in the country by securing 12.36% growth as of now, its Chief General Manager RK Misra said on Tuesday. TNS

New Delhi

ManpowerGroup to acquire Ciber Norway

Workforce solutions company ManpowerGroup on Wednesday said it will acquire global information technology consulting firm Ciber's business in Norway. Ciber Norway's business, including 130 employees, will shift to ManpowerGroup when the deal closes later this month, pending regulatory approval. PTI

Bengaluru

Quikr buys ZapLuk to boost beauty biz

Online classifieds firm Quikr on Wednesday said it has acquired ZapLuk, provider of on-demand beauty and wellness services, to scale up its 'AtHomeDiva' business. Under its services vertical, QuikrServices, Quikr will now offer a full range of on-demand home beauty services to consumers in multiple cities including Bengaluru, Delhi, Mumbai, Chennai, Gurgaon and Hyderabad, it said. PTI

New Delhi

PowerGrid seeks nod to raise Rs 14,000 crore

State-owned utility PowerGrid has sought shareholders' approval to raise up to Rs 14,000 crore through issuance of bonds from domestic and external sources in 2017-18. The funds will be raised through issuance of bonds under private placement in 2017-18. PTI

New Delhi

Nod to cancellation of four SEZ projects

The government has given a go-ahead for the cancellation of projects to four special economic zones (SEZ) developers including those of Broadway Integrated Park and Veritas Infrastructure Development. The decision regarding this was taken in a meeting of the Board of Approval (BoA) on August 12, which was chaired by Commerce Secretary Rita Teaotia. PTI

New Delhi

SBI to raise up to Rs 11,000 crore

Country's largest lender State Bank of India on Wednesday said it will raise up to Rs 11,000 crore through Basel III-compliant debt instruments on a private placement basis. PTI

Karnal

Vodafone 4G services in Karnal, Panipat

Vodafone on Wednesday launched its 4G services in Haryana from Karnal. Initially, it has been started in two districts — Karnal and Panipat. In the coming days, the 4G services would be started in the entire state. TNS