consortium

 

61 new emoji characters shortlisted for release in 2019

Aug 10 2018

Unicode Consortium, the organisation that regulates emojis has shortlisted 179 candidates -- 61 characters plus variants -- for release in 2019.

UK shop price deflation weakest since December: BRC

Aug 01 2018

British shop prices fell in July at their slowest pace since the end of 2017 and food inflation picked up speed, according to data that will be little relief for households still feeling the pinch on their spending power.

Alstom consortium bags EUR 378 million order from Taipei metro

Jul 10 2018

Alstom today said it along with Taiwanese engineering and contracting services firm CTCI has bagged a 378-million euro contract to supply integrated metro system for a Taipei metro project.

UK shop prices fall less sharply in June after May slide: BRC

Jul 04 2018

British shop prices fell less sharply in June than in May but shoppers could take some comfort from that food price inflation did not accelerate, a survey showed.

Gujarat NRE Coke to seek stakeholders nod on revival plan

Jun 26 2018

Shareholders of Gujarat NRE Coke, which is facing liquidation, will meet on July 16 to vote on company's revival plans.

Fortis Healthcare shortlists 4 entities for biz sale

Jun 01 2018

Fortis said it has shortlisted four entities -- the Munjal-Burman combine, Manipal-TPG consortium, IHH Healthcare and Radiant Life Care to bid for the sale of its business.

UK shop prices show biggest fall since January 2017: BRC

May 30 2018

British shop prices fell in May by the most since the start of last year, adding to signs that a rise in inflation after the 2016 Brexit vote has peaked.

Fortis board to meet on May 10 to decide on binding bids

Apr 28 2018

Fortis Healthcare said its board will meet on May 10 to take a decision on the binding bids for the company as recommended by the expert committee.

UK consumer spending wilts in March under heavy snow: surveys

Apr 10 2018

British consumer spending wilted under heavy snow in March, according to surveys that added to signs the economy probably slowed at the start of 2018.

UK shop prices fall at fastest pace in over a year: BRC

Apr 04 2018

UK shop prices dropped in Mar at the fastest pace in more than a year, adding to signs that inflation pressure caused by the pound’s post-Brexit drop, survey showed.

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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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