Five things to watch out for today

| Updated on January 13, 2018 Published on March 06, 2017


The world’s oldest serving aircraft carrier, INS Viraat, will be decommissioned today. Viraat has served the Indian Navy for the last 30 years. It is the last serving British-built ship in India. Viraat was originally commissioned by the British Navy as HMS Hermes in 1959. She was decommissioned in 1984.

Two prime assets of Kingfisher Airlines, Kingfisher House in Mumbai and Kingfisher Villa in Goa, will be auctioned today by banks to recover their loans to the long defunct airline started by businessman Vijay Mallya.

Music Broadcast Ltd’s IPO will open for subscription to the public today. The company, popularly known as Radio City, has launched the offer at a price band of ₹324-333 apiece. The IPO is a combination of a fresh issue of shares for up to ₹400 crore and an offer for sale of up to 26,58,518 shares (totalling ₹88.52 crore at the upper end of the price).

Campaigning for the seventh and final phase of the Uttar Pradesh Assembly elections, covering 40 assembly seats in seven districts, including Prime Minister Narendra Modi’s constituency, will come to a close today.

The budget session of the Maharashtra legislature begin in Mumbai today and the State budget would be presented on March 18. The session will conclude on April 7. Discussion on the Governor’s address will take place on March 8 and 9 and Chief Minister Devendra Fadnavis will reply to the debate on the second day.

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Published on March 06, 2017
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