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Lenders may invoke Naresh Goyal’s 51% stake in Jet
Meanwhile, the government has asked state-owned banks to rescue privately held Jet Airways without pushing it into bankruptcy.
Etihad offers to sell its 24% stake in Jet to SBI
The fresh developments mean Jet may find it difficult to pay the $109 million tranche owed to HSBC on March 28. The company has already defaulted on the first tranche of $31 million, which it could not pay on March 11.
What will you do if there's no staff: Mindtree asks L&T
The Mindtree management asked L&T as to why it couldn’t build a large IT company on its own despite being 18 times bigger in size. “If L&T persists with its hostile takeover bid, it will forever be remembered for this,” it said.
Tech View: Nifty50 forms a bullish candle
The index has been making a streak of higher highs and lows, suggesting that support for the index is shifting higher.
F&O: Options signal shift in Nifty band to 11,400-11,700
Now Nifty has to hold above 11,450 to extend its upward move towards 11,600, while on the downside support exits at 11,380 level.
Sanjay Bakshi on how to use mkt biases to mint money
Bakshi, considered one of the best minds of value investing and behavioural finance in India, teaches at Management Development Institute, Gurgaon, and runs ValueQuest Capital LLP as a Managing Partner.
Nifty to fall 10% if Modi does not form govt: Quantum
I am not getting bearish but we must keep in mind that on a broader macro basis, we are not out of the woods yet because there are a lot of macro headwinds in India at present.
After Market: RIL m-cap tops $125b; Anil Ambani stocks surge
Expectation of a dovish policy from US Fed tomorrow and healthy buying in heavyweights like RIL, ITC, Infosys and SBI helped lift the market.
Goldman Sachs upgrades India to 'overweight'
India's sharp underperformance in the first two months of this year, signs of an uptick in demand leading to better-than-expected earnings season for the December quarter and pick-up in foreign flows led the brokerage to upgrade their view.
TaMo, Bata among 52 stocks all set to crack
Momentum indicator moving average convergence divergence, or MACD has signalled downward crossovers – a sign of bearish undertone –on these counters, hinting at possible downsides in the days ahead.
Stocks upbeat but Kotak's Prasad turns contrarian
Kotak analysts acknowledged that the recent rally in Indian stock market suggests that the market is quite confident about the ruling BJP-led NDA government returning to power post elections in April-May 2019.
L&T says Mindtree stake buy just an investment
The comment came at a time when existing Mindtree promoters are trying to resist a hostile takeover attempt and have called for a board meeting on Wednesday to consider a share buyback to soar up their defence.
Demerger to help Reliance monetise assets: Choksey
They are currently trying to make their balance sheet light by way of this unloading the fibre and tower assets in the Jio business, and are probably in the process of arriving at a demerger of the tower and Jio business from the mainframe activity.
India's oil consumption jumps for third month
India’s total usage of oil products increased 3.8 percent to 17.4 million tonnes in February from a year ago, according to the oil ministry’s Petroleum Planning & Analysis Cell.
Elara Capital says market on the cusp of big move
Samuel reckoned that the combination from the first week of March is the highest. Breadth thrust has seen a dramatic shift in market breadth from oversold to overbought within a very short span of time.
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