Auto components major Motherson Sumi Systems on Thursday said it will acquire Bombardier's UK rolling stock electrical component and systems business in a transaction valued at 10.87 million pounds (over Rs 100 crore). Pankaj Mittal, COO of Motherson Sumi Group, spoke to CNBC-TV18 about the deal and synergies.

Tata Metaliks on Thursday announced an expansion plan of Rs 555 crore. Sandeep Kumar, MD of Tata Metaliks, spoke to CNBC-TV18 about the development.

Bharti Airtel has finalised an aggressive plan to raise up to Rs 32,000 crore, including a rights issue of Rs 25,000 crore.

Jet Airways' founder Naresh Goyal has agreed to step down as chairman of the airline's board, a source with direct knowledge of the matter told Reuters on Thursday, as the cash-strapped Indian carrier inches closer to securing a rescue deal. CNBC-TV18 was the first to report this development on January 15, 2019. Eithad, which owns a 24 percent stake in Jet Airways, is, however, reticent to provide interim funding of $99 million to Jet Airways, the source said. Jet did not immediately respond to a request for comment.