General Trading Chat

Some good news for the PSU banks :

SC on Essar Steel: CoC decision final; ruling clears way for ArcelorMittal
2 min read . Updated: 15 Nov 2019, 10:57 AM ISTIshita Guha
  • Supreme Court decision overrules NCLAT’s July 5 judgment
  • The case was admitted to NCLT in August 2017 for insolvency proceedings after it was identified by the Reserve Bank of India in its first list of 12 big loan defaulters

https://www.livemint.com/companies/...ars-way-for-arcelormittal-11573795214708.html
 

TraderRavi

MM is the holy grail
Some good news for the PSU banks :

SC on Essar Steel: CoC decision final; ruling clears way for ArcelorMittal
2 min read . Updated: 15 Nov 2019, 10:57 AM ISTIshita Guha
  • Supreme Court decision overrules NCLAT’s July 5 judgment
  • The case was admitted to NCLT in August 2017 for insolvency proceedings after it was identified by the Reserve Bank of India in its first list of 12 big loan defaulters

https://www.livemint.com/companies/...ars-way-for-arcelormittal-11573795214708.html

Mittal takeover good or bad for creditors ?
 
Sounds like double good news for the telecom sector.

Relief for telecom likely as government mulls minimum price for calls, data
Updated : November 15, 2019 05:11 PM IST
https://www.cnbctv18.com/telecom/re...ulls-minimum-price-for-calls-data-4703961.htm

'Don't Want Any Company to Shut Operations': FM Says Govt Will Address Concerns of Telecom Sector
The Supreme Court last month ruled in favour of the government and directed telecom companies to pay as much as Rs 1.42 lakh crore in past statutory dues to the government.
PTI
Updated:November 15, 2019, 11:30 PM IST
https://www.news18.com/news/busines...dress-concerns-of-telecom-sector-2388745.html
 

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