Singapore-based Amtek Global Technologies Pte Ltd ‘s long-term corporate credit ratings has been cut to ‘CCC+’ from ‘B+’, indicating increased credit risks.
Posts tagged MC
SP downgrades Amtek Global on liquidity risks at parent co (16-09-2015)
Mallya hid facts from regulators in Diageo deal: Ex-ED Sebi (16-09-2015)
Stakeholders Empowerment Services Founder and Former ED at Sebi J N Gupta says that even the shareholders were unaware of the attached transactions related to the purchase.
US court rejects plea for attachment of Sahara’s two hotels (16-09-2015)
While hearings will continue on the lawsuit, the Supreme Court of the State of New York has said that “the application of plaintiff JTS Trading Ltd for a pre-judgement order of attachment is denied”.
Sadbhav Infrastructure Project closes 3% higher on Day 1 (16-09-2015)
The stock touched an intraday high of Rs 112.45 and low of Rs 106 amid traded volume of 1.3 crore equity shares.
AB InBev sets its sights on SABMiller (16-09-2015)
In a statement made in response to recent press speculation, SABMiller said that no proposal had yet been received from AB InBev and that it would respond as appropriate once an approach had been made.
Sensex soars 258 pts ahead of Fed meet outcome; Midcap down (16-09-2015)
Analysts remained divided on whether the US Federal Open Market Committee will lift short-term interest rates on September 17. Majority of experts feel the Federal Reserve may hold rates on September 17 but they don’t rule out surprise rate hike.
China bigger worry; 25 bps Fed rate hike factored in: Pros (16-09-2015)
Jigar Shah, CEO, Maybank Kimeng Securities, says it is a good stock pickers market with corrections happening every now and then
Nifty to take US Fed rate hike in its stride: Edelweiss (16-09-2015)
Interest rates in the US have been close to zero since the financial crisis. If the Fed hikes rates, it could be the first in a string of similar small increases.
JMC Projects rally 19% on orders from Bihar, Karnataka (16-09-2015)
The civil engineering and EPC company has received orders for Bhagalpur Water Supply projects worth approximately Rs 199 crore and building for Central University of Bihar at Gaya approximately Rs 152 crore.
Report on uniform GST rate by month end (16-09-2015)
CBEC has also suggested to Finance Minister Arun Jaitley to set up consultative bodies in each state in the form of GST Secretariat for better coordination between the Centre and states for the roll out.