Freight rates remain flat on some support

 
  • Aug 10 2018
Freight rates remain flat on some support
Freight rates remain flat on some support
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Indian Markets

 
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Global Markets

 

Latest Post

 
Nifty, Sensex snaps two days of losses on financials, IT; Turkey woes cap gains

Nifty, Sensex snaps two days of losses on financials, IT; Turkey woes cap gains

6 mins ago | 6 mins ago

Indian shares rose, in line with broader Asian peers, helped by financial and technology stocks as trade anxiety stemming from a plunge in the Turkish lira showed signs of easing.

Hindu migrants from Pakistan living a life of homeless wanderers, courtesy Indian red-tapism

Hindu migrants from Pakistan living a life of homeless wanderers, courtesy Indian red-tapism

9 mins ago | 9 mins ago

At a time when the world is battling one of its biggest refugee crises, India has its own share of the problem -- thousands of Hindu migrants from Pakistan remain stranded at this Rajasthan transit hub.

SC to hear PIL alleging siphoning of funds meant for SC/ST students

SC to hear PIL alleging siphoning of funds meant for SC/ST students

13 mins ago | 13 mins ago

Supreme Court today agreed to hear next week a PIL alleging siphoning of Rs 18,000 crore funds meant for granting scholarship to students belonging to Scheduled Castes and Scheduled Tribes.

An actor's job gets reduced to half with a good director: Vicky Kaushal

An actor's job gets reduced to half with a good director: Vicky Kaushal

17 mins ago | 17 mins ago

Vicky Kaushal, who is on a roll with his diverse roles in films like "Raazi" and "Sanju", says working with a good director reduces an actor's effort by half to play a character convincingly.

Italy PM, ministers discuss 2019 budget, agree it must cut debt

Italy PM, ministers discuss 2019 budget, agree it must cut debt

26 mins ago | 26 mins ago

Giuseppe Conte and his top ministers discussed the 2019 budget and agreed that it will preserve the stability of state finances and lower the public debt, the prime minister’s office said.

Stocks In News

 

BHARTI AIRTEL

Aircel moves SC to make Airtel clear dues

Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf

Bank guarantees have lapsed and Aircel wants Airtel to pay the money

Alleged that Airtel is trying to usurp the sum

Aircel says without the money it may get liquidated

ET reports

MAX INDIA

Bain joins KKR in race for Max Healthcare stake

PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn

ET reports

NAVNEET EDUCATION

To decide on buy back of shares on Aug. 20

JET AIRWAYS CLARIFIES

Co planning $400 Mn stake sale is speculative in nature

Jet Auditor BSR may quit if issues are not resolved is factually incorrect

Have been pro-actively working on multiple revenue enhancements

Evaluating various funding options to meet liquidity requirements on priority

Relationship with Etihad Airways very strong

No delays in discharging any loan obligations to any of the lenders

Default status in tabular statement only due to technical errors, rectified now

Clarifies that reports of stake sale are purely speculative

Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect

Seeks lenders help in bid to avoid default

Airline wants waiver of loan covenant on existing debt facility of $185mn

Co has to repay or refinance at least $500mn of existing debt to avoid default

Told lenders it won’t be able to meet min $50mn profit condition for FY19

Consortium of lenders yet to decide on Jet’s request

Airline’s total debt was Rs 9430 Cr as on 31st March 18

Mint reports

NSE TO JET AIRWAYS

Have noticed a difference in your responses dated August 9 & 10

Clarify whether mgmt extension from audit committee as per Aug 10 response

Or did Audit Committee not recommend results to board as per Aug 9 response?

In Aug 10 response, details of "Certain Matters Not Closed" not provided

Provide exact reasons for which audit committee has not approved results

Again ask you to give us date when board meet to consider results will be held

twitter @BTVI

 

EXCLUSIVE ARTICLES

 
Jaitley is in good health: Goyal

Jaitley is in good health: Goyal

Aug 09 2018

Goyal has been given the charge of Finance Ministry after Jaitley relinquished the portfolio due to health reasons.

Flashy tycoon KD Singh wants to fly, SEBI says no

Flashy tycoon KD Singh wants to fly, SEBI says no

Aug 02 2018

The market regulator said it has evidence to show that flashy Chandigarh-based industrialist and promoter of Alchemist group was all set to settle in Greece.

Elphinstone Road station renamed Prabhadevi Station with effect from today

Elphinstone Road station renamed Prabhadevi Station with effect from today

Jul 19 2018

The station, which was named after Lord Elphinstone, the Governor of Bombay Presidency from 1853 to 1860, has now been renamed in honour of a local deity.

Lavasa: Dream city going down the hill?

Lavasa: Dream city going down the hill?

Jul 09 2018

Lavasa -an ultimate getaway, a city that would offer the charms of European locales, with five star comforts in a scenic part of Maharashtra has now become an abandoned town.

High Troubles For Mallya, ED traces cash trail

High Troubles For Mallya, ED traces cash trail

Jun 19 2018

A second chargesheet by the ED has confirmed the trail of illegal cash Mallya transferred to his accounts across global tax havens.