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Alvarez & Marshal to chalk out IL&FS revival strategy

Debt-laden Infrastructure Leasing & Finance Services (IL&FS) said Saturday it is working on a detailed restructuring plan and will appoint Alvarez & Marshal to formulate a turnaround strategy. The decision was taken by the crisis-ridden company’s board after the AGM on September 29. “We will develop a comprehensive...
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How to use RSI for early identification of trend reversal

  Technical analysis has a set of tools called momentum indicators or oscillators. These indicators measure price change. The indicators are very useful in deciphering the strength of a price trend. At the same time, these are lead indicators unlike a moving average which is lag indicator. And...
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Cash-strapped IL&FS may stop funding long term projects: Reports

Cash-starved IL&FS plans to focus on management and execution of infrastructure projects, and stop funding long term projects, the Business Standard  reports . The company, which is facing a severe liquidity crunch, may put some of its assets for sale to pare debt, sources told the news daily. This may include some assets...
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Thyssenkrupp mulls separation of major businesses: Sources

Thyssenkrupp is considering a major structural overhaul which involves a separation of individual business units, three people familiar with the matter told Reuters on Thursday. The group which makes elevators, submarines, industrial plants and automotive components, has been under pressure to simplify its sprawling conglomerate structure, and could...
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RBI Relaxes Cash Rules For Banks As Credit Crunch Fears Persist

The Reserve Bank of India (RBI) eased cash requirements for banks on Thursday and said it would provide “durable liquidity”, but the relief was short-lived for markets fearful of a credit crunch arising from problems among non-banking finance companies (NBFCs). The government, central bank and market regulator were...
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Metro Cash & Carry rolls out ‘Own Business Day’ 2018

BENGALURU, SEPT 26 -Metro Cash & Carry, a modern wholesaler and food specialist company, to roll-out its second edition of its ‘Own Business Day’ 2018 on October 9. The registrations is open for all independent businesses and is free of cost. Independent Businesses, HoReCa (Hotels, Restaurants & Caterers)...
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