Saturday, June 25, 2022
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Corporate Watch

Corporate Watch

Jet Airways cancels 19 flights as 4 Boeing aircraft grounded

PSU Watch Bureau -
PW Bureau One aircraft each has been grounded at Delhi, Mumbai, Chennai and Bengaluru airports due to which flights have been cancelled, a source said New...
Corporate Watch

NCLT shoots down Essar Steel settlement proposal

PSU Watch Bureau -
PW Bureau Over 92 percent of creditors to Essar Steel voted for handing over the company to global steel giant ArcelorMittal Netherlands BV Ahmedabad/Mumbai: The Ahmedabad bankruptcy...
Corporate Watch

Jet Airways looks at shareholder approval to convert debt into equity

PSU Watch Bureau -
PW Bureau  At a specially convened meeting on February 21, shareholders will vote on its proposal to convert part or all of its loans  New Delhi: In...
Corporate Watch

IL&FS Rail used shell firms to create fake invoices: I-T

PSU Watch Bureau -
The tax department has allegedly recognised multiple contracts that IL&FS Rail awarded to shell companies, obtaining false invoices for “non-existent” work to lessen its profits
Corporate Watch

Data shows Indian airlines are monopolising the sky

PSU Watch Bureau -
PW Bureau According to air travel intelligence company, 188 air routes have direct flights run by just one airline on that route, including Kolkata-Lucknow, Hyderabad-Raipur,...
Corporate Watch

L&T retains guidance despite 12% y-o-y decline

PSU Watch Bureau -
PW Bureau  The industrial conglomerate committed to achieve the 12-15 percent revenue forecast and order flow growth by 10-12 percent in FY19 New Delhi: Concerns that Larsen...
Corporate Watch

At 64, Vedanta Chairman has no plans to hang boots or bequeath the crown to kids

PSU Watch Bureau -
PW Bureau  Saying Vedanta is “too big to have a family succession plan,” Agarwal also pointed out that his son Agnivesh or daughter Priya may...
Corporate Watch

SEBI clarifies lock-in period for warrants

PSU Watch Bureau -
PW Bureau  A warrant is a derivative that provides the right — not the obligation —  to purchase or sell a security, mostly equity, at...
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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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