Banks soften stand on Kingfisher Airlines demand

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BANKS SOFTEN STAND ON KINGFISHER AIRLINES DEMAND BANKS SOFTEN STAND ON KINGFISHER AIRLINES DEMAND MUMBAI: Banks seem to be softening their stance, although just a tad, on providing support to Vijay Mallya-promoted Kingfisher Airlines to tide over the cash crunch. While they are still unwilling to increase their exposure to the country's second ...	Sensex, Nifty settle at 2-week lows Sensex, Nifty settle at 2-week lows 2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya tumbled 9.01% to Rs 21.70 after the company said on Tuesday it has cut frequency on some of its flights that run mostly over the weekend or are on routes where demand has been slow. ...

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Banks soften stand on Kingfisher Airlines demand : Latest News, Information, Answers and Websites

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With global oil rates softening, state-owned oil companies may next week cut ... The ASTOUNDING story of the fall of Kingfisher Airlines ... S&P differs with Moody's, upgrades Indian banks! ... dealers of Tata Motors reported a robust pick- up in demand for the Nano. ...... Income inequality: Where does India stand globally? ...

Souring bank loans, car sales spell gloom for India economy | Firstpost

“More softening in demand indicators is likely, so to that extent the light at the end of tunnel is not in sight yet,” said Radhika Rao, an economist with Forecast Pte in Singapore. .... Kingfisher Airlines: is it time to bid adieu? .... It was an emotional day at Old Trafford but the game will not live as long in the memory as the other events on the day, with United's chief executive, David Gill, announcing the north stand had been renamed the “Sir Alex Ferguson Stand” and a ...

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Bankers ask Kingfisher to infuse Rs 800cr fresh equity - CNBC-TV18 -

1 day ago ... Bankers to the cash-strapped Kingfisher airline today asked its promoters to ... yet to decide on ways to soften the troubled airline's Rs 7057.08 crore debt burden, .... 2G lead auditor sticks to stand on Rs 2645 crore loss · AFSPA's revocation ... India Cements Q2 net at Rs 69.71 cr; sees good demand by Q4 ...

Rupee hits 32-month low as dollar demand soars | Firstpost

10 hours ago ... Can the C in capitalism stand for conscience? ... Sustained dollar demand from banks and importers in view of the higher ... With the softening of global oil rates and the stabilisation of rupee against the dollar, will petrol prices fall by Rs 2 a litre from tomorrow? ... Kingfisher Airlines: the brand that never was ...

Rupee hits 32-month low as dollar demand soars | Firstpost

The Indian rupee was down sharply by 40 paise at Rs 50.70 per US dollar on persistent dollar demand from banks and importers. ... Can the C in capitalism stand for conscience? India · The Times Now lesson for news media: go back to ... thumb images. With the softening of global oil rates and the stabilisation of rupee against the dollar, will petrol prices fall by Rs 2 a litre from tomorrow? #Petroleum ... Kingfisher Airlines: the brand that never was. In the case of airlines, the ...

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4 hours ago ... New Delhi: With cash-strapped Kingfisher Airlines demanding that foreign ... Banks have told him to pump in Rs 800 crore into the company which .... by SBI, who were yet to decide on ways to soften the troubled airline's Rs ...

China can soften impact of global economic woes: IMF | Firstpost

China has the scope to shield its economy from global risks and Beijing's response would help soften the impact if Europe's debt woes and faltering US growth escalated into a global crisis, a senior International Monetary ... One way financial and economic woes of rich nations could have a knock-on effect on Asia was if European and US banks cut credit lines in Asia when faced with large losses at home, the IMF said. .... Kingfisher Airlines: is it time to bid adieu? ...

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Flying easier: Kingfisher Airlines is once again in talks to raise funds through a GDR ... Resumes talks with investors following softening of fuel prices ... asked about the returns on the recent funding in Kingfisher by several Indian banks. ... wide-body and narrow-body aircraft to meet the high growth in domestic demand. ...

IIP underwhelms: all hopes are focused on festival demand | Firstpost

With respect to use-based industries, there was a softening across categories, though the capital goods category deserves a special mention. Capital goods growth recovered from the ... However, it is likely that the Reserve Bank of India's (RBI's) interest rate hikes to control runaway inflation have had a depressing effect on consumer purchases. Indeed, the consumer durables category .... Kingfisher Airlines: the brand that never was. In the case of airlines, the most ...

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Chennai, Nov 15 (IANS) Demanding a parliamentary probe into the manner in which government banks converted their loans to Kingfisher Airlines into equity at a higher price than the mar ... read full ... Take strong stand against Sri Lanka: Jayalalithaa urges PM ... No tight monetary policy once inflation softens: Rangarajan ...

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4 hours ago ... Kingfisher Airlines' Q2 loss extends to Rs 468.66 cr ... The lenders — a 13-bank consortium led by SBI, who were yet to decide on ways to soften the troubled airline's Rs 7057.08 .... The Force India team is at the sixth position in the Formula 1 constructor's championships with 48 points behind Renault. ...

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Sensex rises 1.9 pct; RIL, banks lead ... NEW DELHI (Reuters) - The BSE Sensex rose as much as 1.9 percent on Monday, with index heavyweight Reliance Industries and ...

Athawale softening stand on Dadar renaming? - PTI -

Mumbai, Oct 19 (PTI) RPI president Ramdas Athawale today indicated that his party was not inflexible on the demand to rename Dadar railway station in central Mumbai ...

Apollo Tyres net up 46 pct, braces for demand dip - Stock Market ...

The Reserve Bank of India (RBI) has raised rates 13 times since March 2010 to tame a stubbornly high inflation and cool off the economy. India makes up for about two-thirds of Apollo's revenue. Slowing industrial output and curbs on mining has softened demand for truck tyres in India, Sarkar said. Truck tyres contribute 60 percent to India and half of its global sales. Strong replacement demand and new product launches have driven sales in the Europe, ...

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IIP falls to 2-yr low, and it won't get better any time soon | Firstpost

NCP demands implementation of Sachar Committee report · Investing · Coal India Q2 ... Commercial banks have duly followed, increasing lending rates in the economy. As a result ... Given each of the segments' links with others, it is only to be expected that the entire IIP basket has softened. With the ... Kingfisher Airlines has been asked by aviation regulator DGCA to give details of their plan to reconfigure its fleet to prevent a large-scale flight disruption. #Aviation ...

Indian stock market daily review - November 09, 2011 | Stock Market ...

Consequent to the notification of the acquisition of State Bank of India Commercial & International Bank issued by the Govt. of India, the undertaking of State Bank of India Commercial & International Bank (SBICI) stands ... 2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya tumbled 10.27% after the company said on Tuesday it has cut frequency on some of its flights that run mostly over the weekend or are on routes where demand has been slow. ...

EU pushes banks to find extra €106bn by June - FT.com

Europe’s banks will be forced to find about €106bn of extra capital by the end of June, under a mandatory scheme agreed by European Union leaders to temporarily ...

Why investors have fallen out of love with steel sector | Firstpost

While raw material prices have come down, steel prices have also softened, so margins are likely to remain under pressure. Local demand is also slowing to a crawl, as evidenced by the Index of industrial production (IIP) for ...

Kingfisher Airlines doubles Q2 loss on fuel costs

11 hours ago ... Debt-ridden Kingfisher Airlines today reported that its net loss doubled to Rs 468.66 crore ... Bankers toughen stand as Kingfisher grapples with survival blueprint ... The lenders— a 13-bank consortium led by SBI, who were yet to decide on ways to soften the troubled airline's Rs 7057.08 crore debt burden ...

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