Top headlines: PNB Housing drops stake sale plan; Air India reports losses

Air India's revenue from operations dropped at Rs 10,343 core in FY21 from Rs 27,711 crore year ago. More on that story in out top headlines.

PNB Housing Finance said it is dropping plans for a Rs 4,000-crore stake sale to a clutch of investors led by Carlyle Group citing legal delays. More on that story in our top headlines this morning.

PNB HF scraps Rs 4K-crore deal 

Fed up with the protracted litigation and uncertainty over approvals, the board of PNB Housing Finance (PNB HFC) decided to drop plans for a preferential issue of equity shares to raise Rs 4,000 crore from a group of investors led by private equity fund Carlyle. Read more

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