While there is no doubt that company has a huge debt and management is responsible for most of the ills. But, right now SBI has management control and all facilities of the company are running. If HSBC issue gets resolved and SDR does take place then things could change very fast. It is a good
11.00 PM Mar 29th
You ask a good question, why post as guest? Any way this is rearrangement of shares much like GVK and vertex. It`s all cash fluidity at the level of FII, but the best part is HSBC is able to acquire. While I cannot comment on the nature of this deal....I understand that something good is about
1.26 PM Mar 29th
BTVI TV news stated today RBI has announced to relax norms for S4A regarding sustainable debt. They are going to remove 50% sustainable debt requirement. This means Alok Industries will be eligible now for S4A. If HSBC settlement is taken care of outside court then resolution is not too far. GL!
5.01 PM Mar 28th
i keep reminding them as well as icici and hsbc for their superb analysis on spicejet.my feeling is porinju has entered spicejet.anyone who kow porinju ,try checking his tweets yesterday...if true ,the day it is official we will have an uc.guranteed,power of porinju.
1.16 PM Mar 24th