JetLite employees have claims of about Rs 50 crore, which may seem like a small amount compared to the total claim. But it is a reminder that thousands of employees of the airline are still hopeful that the insolvency process will end with a new owner, who will clear their salary arrears. … [Read more...] about Jet Airways insolvency: Bid deadline expires today, another extension?
13 years ago today
The thermal imaging technology surreally captures “ordinary, hard-working people hoping for a better future” in two towns that have become largely vacant since the evacuation. Captured in vivid reds, blues, and greens, the treatment adds a ghostly weightiness to a dilapidated home, a field speckled with cows, and people simply returning to everyday normalcy: in offices and cafes, including “a taxi driver who is paid a retainer to stay because there are so few customers, a mechanic, a farmer with contaminated cattle, which he can’t sell, but refuses to put down,” according to the book. … [Read more...] about These towns were evacuated after the Fukushima nuclear disaster. See what they look like today
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Brokerage bets: Experts find these 10 stocks attractive for one-year investment horizon
State-owned Indian Railway Catering & Tourism Corporation (IRCTC) on February 12 registered a healthy 179.66 percent (or 2.8-fold) year-on-year (YoY) growth in Q3FY20 profit, driven by all segments. Profit during the quarter stood at Rs 205.8 crore, up from Rs 73.59 crore in the same period last year. The sequential growth was 106.17 percent. … [Read more...] about Earnings hits & misses: Top 10 companies that declared Q3 results this week
In the April-December 2019 period, the firm's consolidated net loss also widened to Rs 1,878.88 crore as compared with Rs 317.90 crore a year ago. Its loss had stood at Rs 507.13 crore in 2018-19.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about CG Power loss doubles to Rs 210 cr in December quarter