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US Regulator Approves SpaceX Plans For Broadband Satellite Services et al.

Professor of Financial Economics and Part-time Value Investor, Transfin.
Mar 30, 2018 10:24 AM 1 min read
Editorial

End of Day Wrap-up (Friday / March 30, 2018) #AirIndia #RBI #ICICI #ChandaKochhar #Indigo #Vedanta #railways #Reuters #US #SpaceX #Transfin

Editor's comment: IndiGo eligible to bid solo for Air India's 76% stake based on minimum net worth rules, while other domestic airlines will have to bid as part of a consortium.

 

ICICI Bank Chairman MK Sharma defends CEO Chanda Kochhar in the ongoing conflict of interest allegations against her wrt Videocon group. Argues ICICI was not the lead bank in the consortium lending to Videocon and only accounted for 10% of the total exposure.

 

Creditors to stressed steelmaker Electrosteel choose Vedanta as the highest bidder to acquire the debt-laden company as part of ongoing NCLT proceedings.

 


Railway Recruitment deadline to close tomorrow, 25m applications for c.90,000 posts. Recruitment drive to be one of the largest government job hunts in recent times.

 

Reuters poll expect RBI to shift to hawkish stance by end of this year and raise interest rates in 2019 as inflationary pressures build.
US regulator approves SpaceX plans for broadband satellite services. System proposed by SpaceX to comprise 4,425 satellites.