CARE has reaffirmed the long-term rating at ‘CARE AA’, and has revised the Outlook to ‘Stable’ from the existing ‘Credit under watch with developing implications.’
Get latest articles and stories on Latest News at LatestLY. Capital markets regulator Sebi on Tuesday imposed a fine of Rs 1.62 crore on nine entities for manipulating shares of Sterling Green Woods Ltd. Latest News | Sebi Imposes Rs 1.62-crore Fine on 9 Entities for Fraudulent Trading.
Get latest articles and stories on Latest News at LatestLY. Jet Airways, which is working to restart operations that were grounded nearly three years ago, will receive Rs 50 crore as inter-corporate deposit from a company owned by Jalan group for certain expenses. Latest News | Jet Airways to Get Rs 50 Cr as Inter-corporate Deposit to Meet Certain Expenses.
Jet Airways, acting through its monitoring committee constituted under the resolution plan, on Feb 9 accepted a letter dated Jan 31 from Orion IT. The letter pertains to Orion IT making an ICD of ₹50 crore without any interest payable by the airline, according to a regulatory filing