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Positive open seen for markets - The Hindu BusinessLine

Positive open seen for markets
June 30, 2021

Markets are expected to open marginally higher, indicates a trend from SGX Nifty, Singapore. However, most global markets are ruling in the flat-to-negative territory, signalling volatility.
According to market experts, after two consecutive days of fall, markets will try to regain some strength. Besides, today being the last date of the first quarter (June), markets generally remain resilient due to fund managers’ portfolio churning activity. However, the key concern is the rise of new Covid variant, said analysts.
Currently, SGX Nifty is ruling at 15,827, a 40-point gap-up opening for Nifty futures, which on Tuesday closed at 15,785. The spot Nifty closed at 15,748.45. ....

India General , Uttar Pradesh , Abu Dhabi , Ajit Mishra , Vikas Ecotech , Anant Raj , Shrikant Chouhan , Infrastructure Developers , Equity Technical Research At Kotak Securities , Hindustan Motors , Fiem Industries , Astrazeneca Pharma India , Indowind Energy , Energy Systems , Nortel Communications , Reliance Industries , National Pharmaceutical Pricing Authority , Emami Realty , Odisha Hydro Power Corporation Ltd , Binani Industries , Db Realty , Day Trading Guide , Executive Vice President , Equity Technical Research , Kotak Securities , Zeneca Pharma India Limited ,

Top 10 things to know before the market opens

Top 10 things to know before the market opens
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Uttar Pradesh , United Kingdom , Rahul Bajoria , Vikas Ecotech , Anant Raj , Infrastructure Developers , Resident Indian Fund Managers , Medium Enterprises , Fund Offer , Central Public Sector Enterprises Cpses , Fiem Industries , Indowind Energy , Energy Systems , Nortel Communications , Mutual Fund , Federal Reserve , Singaporean Exchange , Emami Realty , Binani Industries , Sunil Matkar Top , Spinning Top , Dow Jones Industrial Average , Nasdaq Composite , South Korea , New Fund Offer , Mutual Funds ,

Promoters willing to infuse funds into McNally Bharat: Srinivas Singh, managing director

Promoters willing to infuse funds into McNally Bharat: Srinivas Singh, managing director
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Synopsis
McNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companies has been difficult under the NCLT route. At least three such companies Lanco Infratech, Punj Lloyd and IVRCL have gone into liquidation after banks took them into insolvency proceedings.
Agencies
The
Khaitan family of Kolkata’s Williamson Magor group is willing to infuse funds into their construction company,
McNally Bharat Engineering, even as the company stares at potential bankruptcy after two lenders took it to the National Company Law Tribunal (NCLT), according to a top executive. ....

West Bengal , Srinivas Singh , Williamson Magor , Lanco Infratech , Mcleod Russel , Mcnally Bharat , National Company Law Tribunal , Canara Bank , Reserve Bank , Mcnally Bharat Engineering , Mcnally Bharat Engineering , Nally Bharat , Punj Lloyd , Eveready Industries , Williamson Magor Group , மேற்கு பெங்கல் , ஸ்ரீநிவாஸ் சிங் , லான்கோ இன்ப்றதேச் , மக்ல்ந்ட் ரஸ்ஸல் , ம்க்நல்லி பாரத் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , கனரா வங்கி , இருப்பு வங்கி , ம்க்நல்லி பாரத் பொறியியல் , நல்லி பாரத் பொறியியல் , நல்லி பாரத் ,

Two top lenders file petitions against McNally Bharat in NCLT

Synopsis
A consortium of banks that include public sector lenders, private sector banks and foreign banks are owed around ₹4,000 crore by the company. The dues comprise both long term and short term loans as well as non-fund based facilities such as letters of credit and bank guarantees.
Agencies
McNally Bharat had succeeded in fending off a similar threat of bankruptcy proceedings in 2019 when Tata Capital dragged it to NCLT.
Engineering, procurement and construction company
McNally Bharat Engineering is facing an Insolvency and Bankruptcy Code (IBC) test as two major financial creditors, Bank of India and
Canara Bank, have lodged petitions at NCLT to trigger insolvency proceedings against the company, as per court filings. ....

Srinivas Singh , Williamson Magor , Mcleod Russel , Mcnally Bharat , Eveready Industries , Williamson Magor Group , Brij Mohan Khaitan Group , Bankruptcy Code , Nally Bharat , Kolkata Based Williamson Magor , Mcleod Russel , Tata Capital , Mcnally Bharat Engineering , Canara Bank , ஸ்ரீநிவாஸ் சிங் , மக்ல்ந்ட் ரஸ்ஸல் , ம்க்நல்லி பாரத் , ஏவேரெஅடி தொழில்கள் , ப்ரிஜ் மோகன் கைதன் குழு , திவால்நிலை குறியீடு , நல்லி பாரத் , லியோட் ரஸ்ஸல் , டாடா மூலதனம் , ம்க்நல்லி பாரத் பொறியியல் , கனரா வங்கி ,

NCLT admits insolvency proceedings against McNally Sayaji Engineering

NCLT admits insolvency proceedings against McNally Sayaji Engineering
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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