PM likely to announce launch of Ayushman Bharat-NHPS on I-Day

Aug 14 2018 | 35 mins ago

Modi is likely to announce the launch of the Ayushman Bharat-National Health Protection Scheme (AB-NHPS) on a pilot basis in some states tomorrow on the occasion of Independence Day, with the full-scale roll-out of his pet project expected in September end, sources said.

Crude oil futures climb 1.46% on firm global cues

Aug 14 2018 | 1 hrs ago

Crude oil prices jumped by 1.46 per cent to Rs 4,711 per barrel in futures market today as speculators enlarged their positions, tracking a firm trend overseas.

Stocks to watch out for on Tuesday, Aug 14: TCS, Max Health

Aug 14 2018 | 3 hrs ago

Indian markets expected to show mild uptick due to positive global cues. Asian currencies are trading higher.

50,000 self-help groups in Haryana: Khattar

Aug 13 2018

Haryana Chief Minister Manohar Lal Khattar said today that there are about 50,000 self-help groups (SHGs) in the state which can generate employment on a big scale.

Nation grieves for former Lok Sabha Speaker Somnath Chatterjee

Aug 13 2018

President Ram Nath Kovind and Prime Minister Narendra Modi on Monday led the nation in paying glowing tributes to former Lok Sabha Speaker Somnath Chatterjee, one of the country's most respected parliamentarians who died here in the morning.

Modi outflanks rivals to wrest initiative for 2019 polls

Aug 13 2018

The battle lines for the general elections of 2019 have been clearly drawn with Prime Minister Narendra Modi underlining his strategy in recent interviews to the Times of India and ANI.

Gold futures rise 0.28% as speculators widen bets

Aug 13 2018

Gold futures went up 0.28 per cent to Rs 30,055 per 10 gram in futures trade today as speculators raised bets despite a weak trend overseas.

Silver futures rise 0.28% on speculative buying

Aug 13 2018

Silver prices were up by 0.28 per cent to Rs 38,075 per kg in futures trade today as participants widened their bets and shrugged off a weak trend overseas.

Crude oil futures rise 0.51% on global cues

Aug 13 2018

Crude oil prices rose by 0.51 per cent to Rs 4,698 per barrel in futures market today as participants raised bets, tracking a firm trend in the global markets.

Wheat futures soften by 0.20% on ample stocks

Aug 13 2018

Wheat prices moved down by 0.20 per cent to Rs 1,986 per quintal in futures trade today as speculators cut down holdings, triggered by adequate stocks position on higher supplies in the spot market against low demand.

Indian Markets


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Global Markets


Stocks In News



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


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


To decide on buy back of shares on Aug. 20


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


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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