Embattled developer China Evergrande Group has filed for protection from creditors in a US bankruptcy court as part of its debt restructuring process, as anxiety grows over China’s worsening property crisis and a weakening economy.
State-run companies have raised Rs 8,900 crore via the sale of bonds, amid strong interest from investors, who do not expect major spikes in yields, while a dearth of supply recently also aided, merchant bankers said.
An Akasa spokesperson said the airline does not comment on speculation, while Boeing did not respond to Reuters’ queries.
In September, the Bank had said rates would need to remain “sufficiently restrictive for sufficiently long.”
Transportation and Logistics sector is one of the major drivers of the economic growth, with auto and auto component industry’s turnover contributing 49 per cent of India’s manufacturing gross domestic product (GDP).
According to industry experts and analysts, crossing the payment hurdle is not going to be too difficult if India and Russia work together.
The government has amended the export policy of this variety of rice from ‘Free with export duty of 20%’ to ‘Prohibited’ with immediate effect.
Elon Musk continues to top the index with a net worth of $220 billion, followed by Jeff Bezos at $169 billion.
TCS announced a share buyback for Rs 17,000 crore at a price of Rs 4,150 a share on October 11.
According to the data released by the Petroleum Planning & Analysis Cell of the Ministry of Petroleum and Natural Gas, India’s jet fuel consumption in January-June this year was 3.94 million tonnes.