Videos

 
RUPEE CONTINUES TO WEAKEN, AT NEW LOW

RUPEE CONTINUES TO WEAKEN, AT NEW LOW

Rupee close to breaching key mark, reason behind its's slide are mostly external.

JSW Energy Offers Rs 5,940 Cr For Prayagraj Power

JSW Energy Offers Rs 5,940 Cr For Prayagraj Power

Prayagraj power has total outstanding debt of Rs 11,880 Cr; SBI led creditors give in principle nod for Edelweiss Bid for coastal energen.

Rupee sells off more due to global reasons than domestic: Radhika Rao

Rupee sells off more due to global reasons than domestic: Radhika Rao

Other developing countries' currency fell more than Indian rupee as core inflation remains sticky above comfort level said Radhika Rao, DBS Bank.

Mixed Q1 for Tata Steel as profit doubles to Rs 1954 Cr

Mixed Q1 for Tata Steel as profit doubles to Rs 1954 Cr

Kalinganagar Phase-II expansion showing good progress, have started work on the coal rolling mill complex said TV Narendran, CEO & MD, Tata Steel.

ANANTHA-SUBRAMANIAN BEING REMOVED FROM ALLAHABAD BANK

ANANTHA-SUBRAMANIAN BEING REMOVED FROM ALLAHABAD BANK

Ananthasubramanian removed as MD & CEO of Allahabad Bank with effect from Aug 13, Order States Ananthasubramanian failed to exercise control over PNB as MD & CEO.

SGX Nifty points to a quiet start after Indian markets slipped for a second on weakness in banking sector.

SGX Nifty points to a quiet start after Indian markets slipped for a second on weakness in banking sector.

Rupee makes a fresh low once again; Usha Anantha-Subramanian removed from Allahabad bank, Asian markets advance, shrugging off the Turkey crisis and much more on today’s agenda.

Your one stop for a complete picture of the trading day

Your one stop for a complete picture of the trading day

Global cues dented the sentiment on D-street.Nifty ended below the 11,400 mark. All Nifty PSU Banks ended in red.

Focus on SBI, BoB, ICICI and Axis Bank

Focus on SBI, BoB, ICICI and Axis Bank

Spotlight on Banking sector

MEHUL CHOKSI'S EMPIRE CRUMBLES

MEHUL CHOKSI'S EMPIRE CRUMBLES

Choksi resigned from Samuels board in May, 2018, Samuels' current debt a little over Rs 120 Cr.

Indian Markets

 
  • SENSEX

    37,868.56 223.66   (0.59 %)
  • NIFTY

    11,424.05 68.30   (0.60 %)
sensex-box-shadowimg

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

twitter @BTVI