Market update on April 21, 2016
Banks In Focus: Banks told by RBI that they do not need to provide for outstanding loans to 20 cos in March quarter:
Jewellery Cos: CNBC-TV18 Exclusive: Sources Say: Gold Jewellery Exporters Could Get Duty Free Gold From Banks, Agencies; Jewellery Exporters To Get Duty Free Gold On Exports Fm Jan '13 To Feb '14; Gold Jewellers Allowed To Encash Bank Guarantee Immediately Post Exports; Nominated Agencies To Transfer Gold From One Port To Another; CNBC-TV18 Alert: Nominated Agencies Can Only Import In Their Areas Currently
Bharti Airtel may sell 5% in Infratel to raise up to Rs 3700 cr. ;Telco may use proceeds to cut debt ahead of upcoming spectrum (ET)
Videocon Co’s D2H plans arm plans to turn PAT positive by Q1FY18 (ET)
Jet Airways plans to hire 400 pilots in 18 months (ToI)
GTL Ltd and banks offers a onetime payment of 60% debt by monetizing assets
Looking to repay 4000 cr; MCap : 196 cr. Bankers include Andhra bank,BOB,BOI,Canara Bank,PNB,IDBI Bank,Vijaya Bank(FE)
Tata Steel workers agree to 3% pay cut in Greybull deal (Reuters)
Bajaj Finserv and Bajaj Finance to launch online consumer finance EMI(FE)
Byke Hospitality opens Hotel Byke-Vijaya in Orissa (3 Acre Hotel, 54 rooms)
Aditya Birla Nuvo & AB Fashions: DIPP Says Scheme of Arrangement Can’t be Accepted as it doesn’t comply with FDI Policy Issue of Shares to Non Resident Shareholders, Currently Kept At Bay
GMR Says bidding Process For Land Monetisation Was Initiated On April 6, 2016; RFP Documents Shared With The Shortlisted Players; Shortlisted Players Will Now Submit Their Financial Proposals; CNBC-TV18 Alert: GMR Infra Confirms CNBC-TV18's Story On Monetisation Of Its DIAL Assets
Majesco: Homesite Insurance Extends Pact To Use P& C Suit Cloud Platform
Aries Agro gets Bookings Worth Rs 202 Cr For Its 65 Brands
Biocon clarifies it has not manufactured, supplied recalled Simvastatin tablets
Narayana Hrudayalaya launched Shri Mata Vaishno Devi Narayana Superspecialty Hospital At Kakryal
Tide Water Oil acquires Lubricant Co, Price Thomas Holdings, UK for 9.6m GBP (91 Cr)
Stone India wins order worth Rs 28.7 Cr from Chattisgarh Govt
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