Niti making new list of sick PSUs for divestment: Kant

 
  • Feb 21 2018
Niti making new list of sick PSUs for divestment: Kant
Niti making new list of sick PSUs for divestment: Kant
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Latest Post

 
Jet Airways woes: Goyal briefs aviation secy

Jet Airways woes: Goyal briefs aviation secy

2 mins ago | 2 mins ago

Under fire from regualtors and employees for the financial woes engulfing the airline, Jet Airways chairman Naresh Goyal met aviation secretary RN Choubey yesterday in the capital and apprised him of the ongoing crisis.

Delhi L-G greets people on Independence Day

Delhi L-G greets people on Independence Day

3 mins ago | 3 mins ago

Anil Baijal greeted the people on the country's 72nd Independence Day that would be celebrated on August 15.

Forex restrictions necessary to arrest rupee slide: Economist

Forex restrictions necessary to arrest rupee slide: Economist

5 mins ago | 5 mins ago

As the rupee today hit an all-time low of 70.1 against the US dollar, economists expressed concerns and suggested imposition of "restrictions" to stem the slide.

IDBI raises MCLR by 5-10 bps

IDBI raises MCLR by 5-10 bps

5 mins ago | 5 mins ago

IDBI Bank today said it has increased the marginal cost of funds based lending rate (MCLR) by up to 0.10 per cent for various tenors. IDBI Bank today said it has increased the marginal cost of funds based lending rate (MCLR) by up to 0.10 per cent for various tenors.

HDIL Q1 profit jumps over threefold at Rs 24.7 cr

HDIL Q1 profit jumps over threefold at Rs 24.7 cr

6 mins ago | 6 mins ago

Realty firm HDIL today reported more than threefold jump in consolidated net profit at Rs 24.70 crore on higher sales.

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

 
Tech still all the rage while bears prowl emerging markets: BAML survey

Tech still all the rage while bears prowl emerging markets: BAML survey

4 hrs ago | 4 hrs ago

Global investors remain overwhelmingly bullish on U.S. and Chinese tech shares, while short positions on emerging equities are growing increasingly popular, Bank of America Merrill Lynch’s latest monthly fund manager survey showed.

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.