Search Results for: Debt trap

Sensex Expected to Remain Range Bound Ahead of US FOMC Meet

India’s Sensex is expected to remain range bound on Tuesday as investors are likely to remain cautious ahead of the meeting of the U.S. Federal Reserve's Open Market Committee.

Dec 11, 2012

Sensex Expected to Gain on Monday amid Upbeat China Data

India’s Sensex is expected to rise on Monday as investor sentiment is likely to turn positive with China's industrial output rising in November, giving the indication that the world’s second-largest economy is reviving its growth momentum.

Dec 10, 2012

Weekly Roundup: Sensex Rises Buoyed By FDI Nod

The BSE Sensex climbed in the week as investor confidence was lifted with the lower and upper houses of Parliament voting in favour of foreign direct investment in multi-brand retail.

Dec 8, 2012

Weekly Roundup: Sensex Surges On Moody’s Outlook

Indian market climbed for the week as investor confidence was lifted following the reaffirmation by Moody’s rating agency that India’s outlook is stable citing that the economic growth is getting back on track.

Dec 1, 2012

a-man-walks-past-the-bombay-stock-exchange-bse-building-in-mumbai

Sensex Climbs 250 Points on Moody’s’ Stable Outlook, Greek Deal

Indian stock markets surged Tuesday after rating agency Moody’s reaffirmed India’s rating outlook as stable while the firm trend in Asian peers also added to the sentiment.

Nov 27, 2012

Govt Should Bail Out Kingfisher Airlines, Says ASSOCHAM

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has demanded the government to rescue the debt-ridden Kingfisher Airlines like the way Air India was bailed out after being met with similar crisis.

Nov 26, 2012

Indian Stocks Advance In Early Trade; GSK Consumer Climbs 20%

Indian stock markets advanced slightly in early trade on Monday, led by gains from healthcare, consumer durables and metal sector shares.

Nov 26, 2012

Indian Stocks Advance; Nifty Hits 5,600 Level

Indian stock markets advanced Wednesday, led by gains from realty and consumer durables sectors.

Nov 21, 2012

Sensex Expected to Gain on Monday Amid US Budget Optimism

India's Sensex is expected to rise on Monday as investor confidence is anticipated to be lifted by the hope that US President Barack Obama and the Congress will reach a budget agreement to overcome the looming fiscal cliff.

Nov 19, 2012

Kingfisher Airlines Crisis Not Over Yet: Civil Aviation Minister Talks Tough

Kingfisher Airlines is faced with yet another problem from the Directorate General of Civil Aviation (DGCA), even after most of its employees reported to work after striking a deal the airline's management.

Oct 26, 2012

Kingfisher Airlines Could Fly Again; Impasse With Employees Solved

Kingfisher Airlines could soon take wings again as it has solved the long impasse with its employees over the non-payment of salaries extending upto several months.

Oct 25, 2012

Vijay Mallya's Bad Times: Kingfisher Closed-Door Talks Fail

The closed-door meeting between the Kingfisher airlines' management and striking employees on Monday to break the long-standing impasse reportedly failed with the employees rejecting the latest offer by the management.

Oct 22, 2012

Kingfisher Airlines Recieves Another Blow: 15 Aircrafts Stripped Clean, Declared Unfit To Fly

Kingfisher Airline, which has been hit hard by several crises, is in for another blow as its aircraft leasing company has reportedly revealed that the interior of airline's 15 aircrafts were stripped clean and declared unfit to fly.

Oct 22, 2012

Kingfisher Airlines’ Licence Suspended by DGCA

An unconvinced Aviation regulator Directorate General of Civil Aviation (DGCA) has suspended licence to fly to Kingfisher Airlines after the debt-ridden airlines failed respond to the main concerns raised by the aviation body, said TV reports.

Oct 20, 2012

Techie Poses as Human Bomb to Rob Bank in Bangalore

A techie working with a major IT firm in Bangalore almost robbed off Rs.13 lakh from a private bank on Friday by posing himself as a human bomb before he was overpowered by security personnel while he was trying to run away with the cash.