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23 December 2014, 00:57

Jet Airways raises Rs 950cr loan from West Asia lenders

Private carrier Jet Airways on Monday said it has concluded a five-year syndicated loan facility of $150 million (over Rs. 950 crore). The loan facility was fully subscribed to by banks spread across the West Asia region, the airline said in a release.
Hindustan Times, 4 min(s) ago
Also from: Money Today, NetIndia123.com and 5 other sources

Saudis see oil rebound; blame non-Opec nations

reiterated pledges to keep pumping the same amount of crude, blaming non-Opec producers for the glut of oil that's driven prices to the lowest in five years. Suppliers from outside the Organization of Petroleum Exporting Countries (OPEC) should cut ...
Business Standard, 4 min(s) ago
Also from: Reuters, Business Standard and 2 other sources

Zest impact Tata puts booking of Bolt hatchback online for Rs 11000

Interested customers can book a Bolt online at bookonlinetatamotorscom by making a payment of Rs 11000 The Bolt is the second brandnew product that the car maker is launching following the Zest compact sedan that was launched in Augustnbsp
Hindustan Times, 4 min(s) ago
Also from: IBN Live

5/20 rule for flying abroad should go, says Vistara CEO

Vistara, the Tata-Singapore Airlines joint venture airline, has made its ambitions clear. The airline has urged the government to lift restrictions on flying overseas for launching its international operations sooner than later. Industry sources ...
Financial Chronicle, 8 min(s) ago
Also from: The Financial Chronicle, Business Standard and 1 other source

Vistara will lease bigger jets if govt scraps global flying rule CEO

Tata-Singapore Airlines-backed full-service carrier Vistara, which will launch commercial operations from January 9, 2015, will lease bigger wide-body jets if the government decides to do away with the 5/20 rule.
Hindustan Times, 21 min(s) ago
Also from: Business Standard

Global shares higher on year-end buying, European energy boost

The Dow Jones was up 95.11 points, or 0.53%, at 17,899.91. The Standard & Poor's 500 Index was up 1.63 points, or 0.08%, at 2,072.28. The Nasdaq was up 6.45 points, or 0.14%, at 4,771.83. Photo: Bloomberg New York: Equity markets worldwide edged ...
Livemint.com, 47 min(s) ago
Also from: Samaylive, INooz and 12 other sources

Stonewalling loan recovery bid will earn non-cooperative borrower tag

The Reserve Bank of India (RBI) has widened the definition of non-cooperative borrowers, by including all those who have the ability to pay but still thwart lenders’ efforts to recover their dues, including by not providing necessary information. “In ...
The Financial Chronicle, 1 hour(s) ago
Also from: The Financial Chronicle, India Infoline and 3 other sources

US stock indexes drift higher in afternoon trading

Stocks moved slightly higher in afternoon trading Monday, on pace to build modestly on gains from last week. The market has closed higher over the past three trading days. Discouraging data on U.S. home sales and a deepening slide in oil prices held ...
Yahoo! India, 50 min(s) ago
Also from: NDTV Profit, INooz and 3 other sources

Thermal Powertech synchronises 660 Mw with AP grid

The unit is a part of 1,320 mw coal-fired power plant being developed by TPCIL at Krishnapatnam in Nellore district of Andhra BS Reporter December 22, 2014 Last Updated at 20:43 IST Thermal Powertech Corporation India (TPCIL), a joint venture between Gayatri ...
Business Standard, 51 min(s) ago
Also from: Smart Investor, Financial Chronicle and 1 other source

At what oil price will shale revolution get derailed?

Saudi Arabia, the world's largest oil producer at 10 million barrels a day (mbd), did not yield to the pressure of cash-strapped Iran, Venezuela and Nigeria to raise the energy price by letting the Organization of the Petroleum Exporting Countries ...
Business Standard, 1 hour(s) ago
Also from: Business Standard India, Yahoo! India and 1 other source

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