act east policy

 

Meet with Modi will take relations to next level: Moon Jae-in

Jul 09 2018

South Korean President Moon Jae-in on Monday expressed the hope that his forthcoming summit here with Prime Minister Narendra Modi will help to take bilateral economic relations to the next level.

Centre serious about Act East policy: Kovind

Jun 07 2018

The Centre is "serious" about the implementation of its Act East policy, President Ram Nath Kovind said.

PM Modi leaves for India after 3-nation tour

Jun 02 2018

Modi left for India after concluding his significant and successful three-nation visit to Indonesia, Malaysia and Singapore.

Modi hands over Padma Shri to ex-Singapore diplomat

Jun 01 2018

Modi handed over the Padma Shri, India's fourth highest civilian honour, to former Singapore diplomat Tommy Koh.

India stresses free navigation, 'rules-based order' for Asian sea

Jun 01 2018

Modi stressed the importance of ensuring the freedom of navigation in Asian waters for free trade, days after pledging to help develop a strategic port in Indonesia.

India, Indonesia upgrade ties, decide to have inter-faith dialog

May 30 2018

4. Taking their bilateral relationship into a new era, India and Indonesia agreed to establish a new Comprehensive Strategic Partnership and condemned terrorism.

India looks forward to balanced RCEP trade pact: Teaotia

May 30 2018

India will endeavour to have a "balanced" RECP trade agreement as it would cover 40% of the global GDP and over 42% of the world's population, a govt official said.

PM Modi arrives in Indonesia on the first leg of 3-nation tour

May 29 2018

Modi arrived here on the first leg of his 3-nation tour to East Asia during which he will also travel to Malaysia and Singapore to further boost India's Act East Policy.

India ranks 4th in Asia-Pacific on power index

May 08 2018

India has ranked 4th out of 25 nations in the Asia-Pacific region on an index that measures their overall power, with the country being pegged as a "giant of the future".

Sushma Swaraj to meet Northeast CMs on Act East Policy

May 03 2018

With India increasing its engagements with Southeast Asia under Act East Policy, Sushma will chair an interactive session with the CMs of all eight northeastern states.

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Global Markets

 

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

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