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JSW Steel had offered to pay Rs 19,350 crore to the financial creditors, with the lenders taking nearly a 60% haircut on the dues. Apart from this, JSW had offered to pay Rs 350 crore to operational creditors against their admitted claims of Rs 700 crore.
Lucky to have things on platter: JagdishanIn a conference call with analysts, Jagdishan said he considered himself lucky to take charge of a bank with a platform that is already geared for growth.
from Stocks-Markets-Economic Times https://ift.tt/3aUnctM
… Read MoreMultiplex stocks bounce back in India despite empty theatersPVR has 18 buys, six holds and four sells. Inox has 16 buys, three holds and a sell, according to recommendations compiled by Bloomberg.
from Stocks-Markets-Economic Times https://ift.tt/2CY7D7O
… Read MoreStocks in the news: Axis Bank, Max Financial, Bharti Airtel, Allcargo Logistics, Future Retail, Ircon and ICICI BankAxis Bank now proposes to buy 17 per cent stake in Max Life Insurance, instead of 29 per cent earlier, the lender and Max Financial Services,
from Stocks-Markets-Economic Times https://ift.tt/3jcjcrc
… Read MoreMFs cut equity’s share in balanced advantage fundsAfter touching a four-year low of Rs 7,511 on March 23, the Nifty has rallied over 50 per cent. This has caused the price to earnings (PE) ratio — a widely-watched valuation measure — of the Nifty to cross 32 times on Friday.… Read MoreNifty’s golden crossover indicates further gainsA Golden Cross is formed when a stock or an index’s 50-Day Moving Average (DMA) crosses above its 200-DMA — a crucial long-term trend indicator.
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