14 February 2019: The National Company Law Appellate Tribunal (NCLAT) has set aside the National Company Law Tribunal (NCLT) Kolkata bench’s order to start insolvency proceedings against Eastern Coalfields (ECL), a subsidiary of Coal India, said an official on Thursday. The state-run miner had moved the NCLAT challenging the order. … Read More ›
Coal India
WEEKEND EQUITY UPDATE: 18 AUGUST 2012 – 19 AUGUST 2012
ASIA Prices of new homes in China rose in 49 of the 70 cities in July over the previous month’s data. The cutting of interest rates, improved sentiment and incentives for new home buyers weighed in on the data. Prices… Read More ›
EQUITY UPDATE – 13 AUGUST 2012
INDIA According to RBI Governor D. Subbarao, domestic factors could have accounted for the economic slowdown in India. The varying severity of the global crisis meant that the central bank had limited options at its disposal to respond. Declining investments… Read More ›
WEEKEND EQUITY UPDATE: 10 – 12 AUGUST
In a shortened trading week in the Indian markets on account of Independence Day on 15th August, key events to watch out for are: 1- India Inflation data 2 -Earnings: Tata Steel, Hindalco, Reliance Infra and Coal India among the… Read More ›
EQUITY UPDATE – 9 AUGUST 2012
ASIA Cathay Pacific Airways Ltd – Co. reported its 1HY12 results at a loss of HKD 935 m (USD 121 m) vs exp. Profit of HKD 490 m vs. profit of HKD 2.8 b a year ago, on lower freight… Read More ›
EQUITY UPDATE – 8 AUGUST 2012
INDIA Rating agency CRISIL reduced it’s forecast for India’s GDP growth in FY12-13 to 5.5 percent from 6.5 percent. Rainfall deficiency and the worsening of the Euro zone crisis are the major factors which could affect GDP, it cited. The… Read More ›
WEEKEND EQUITY UPDATE: 4 AUGUST 2012 TO 5 AUGUST 2012
INDIA FII’s investing through the Mauritius route has exited their holdings in about 24 Indian companies in FY12 on a YTD basis. Co.’s such as Yes Bank, Axis Bank, Bajaj Hindustan all saw selling pressure from the FII’s who have… Read More ›
