The show tracks the breaking business news and top stories in the lead-up to the closing of markets.
DIPAM to raise Rs10,000 cr from buybacks. Coal India, NLC India, NTPC, Airport authority have been listed for buybacks. Other PSUs listed too.
Jaypee Power Ventures Ltd's bankers and lenders, headed by ICICI have decided to restructure the existing loan of Rs 12,000 Cr with the promoters of the company.This restructuring will happen by increasing the loan repayment period for the company.Another condition is that it will be the onus of the promoters to monetize assets. The lenders and banks expect 20% of the value to be recovered through core asset monetisation.
Spotlight on Banking sector
Bombay HC adjourns hearing on allowing outside food in multiplexes till Sept 3, questions state Govt's affidavit on food being a security threat.
A vlog that claims the Congress is indulging in vicious plans ahead of elections has been retweeted by Piyush Goyal and other BJP leaders
Godrej has planned 14 to 15 launches Mumbai, NCR, Bangalore and Pune in FY 19.
Rajnish Kumar also said that there should be a sense of urgency in resolution of assets.
Expenditure Secretary led panel decided to limit allocation for Electric Vehicles.
OBC invites advisor for liquidation for equity shares