Capitalstars update:Jet Airways to consider cost-cutting, turnaround plan

Indian carrier Jet Airways Ltd said on Wednesday it would consider cost-reduction measures and a turnaround plan at its Aug. 27 board meeting, which would also take up June-quarter financial results.

The beleaguered airline had deferred its first-quarter results by a few weeks after its audit committee declined to sign off on them "pending closure of certain matters".

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CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS 21 August 2018

CS OPENING BELL:

NIFTY SPOT UP 11@11563

SENSEX SPOT UP 43@38321

BANK NIFTY FUTURES DOWN 43@ 28287

                                                          HAPPY TRADING!

CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH

RES2: 11750

RES 1:11600

SUP1:11400

SUP2:11250

CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES 2: 28650

RES 1: 28400

SUP1: 28100

SUP2: 27900

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CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS 20 August 2018

CS OPENING BELL:

NIFTY SPOT UP 49@11520

SENSEX SPOT UP 199@38154

BANK NIFTY FUTURES UP 189@ 28355

                                        

                                                                                 HAPPY TRADING!

CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH

RES2: 11680

RES 1:11530

SUP1:11400

SUP2:11250

CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES 2: 28650

RES 1: 28240

SUP1: 27600

SUP2: 27410

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Capitalstars Update -HAL becomes first PSU to transact on TReDS: RXIL

The Receivables Exchange of India (RXIL) on Friday said Hindustan Aeronautics (HAL) has become the first public sector enterprise to make a transaction on the "TReDS platform".

According to the NSE-SIDBI joint venture, TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers.

"Hindustan Aeronautics Ltd (HAL) executed its first digitized invoice discounting transaction on RXIL TReDS platform, when it accepted the digital invoice uploaded by Narendra Udyog, a Nasik based MSME (micro category) vendor earlier this week," a statement from RXIL said.

"This makes HAL the first PSU to transact on TReDS across platforms. The transaction was financed by Bank of Baroda and since stands settled," it added.

Last year, the central government mandated all major PSUs to join TReDS platform to facilitate payments to MSME vendors.

RXIL is a TReDS platform operating since January 2017 and is promoted by the National Stock Exchange, Small Industries Development Bank of India, State Bank of India, ICICI Bank and Yes Bank. 

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9977499927

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