update

Jet Airways Ltd: 

     Jet Airways has sought approval of shareholders to raise $300 million (Rs 1,800 crore) through issue of non-convertible debentures to strategic partner and co-owner Etihad Airways. 

South Indian Bank: 

     The private sector bank has registered a 38 per cent dip in its net profit at Rs 87.93 crore for the October-December quarter of this fiscal due to a steep hike in provisions for bad loans. 

TCS Ltd: 

     IT services firm Tata Consultancy Services said it has signed a multi-year contract with Virgin Atlantic Airways covering private cloud, Infrastructure-as-a-Service (IaaS) and IT support services.