Mark To Market Alliances

Etihad will invest in Jet Airways, but several conditions apply-As per the MoU for Jet-Etihad deal, 15% of the total share capital of Jet Privilege—pledged to HSBC for a $150 million loan—will have to be made available to Jet Airways.Etihad has also sought completion of the ₹4,000 interim financing in Jet Airways before making an investment.As part of the interim financing, lenders shall infuse ₹750 crore into the company

Bharti Airtel to slash direct stake in Infratel-Bharti Airtel Ltd will slash its stake in the telecom tower company by more than half to 18.3 percent.Airtel's unit, Nettle Infrastructure Investments Ltd, will buy a 32 percent stake in Bharti Infratel, the telecom tower company said.

NTPC and Power Grid to form pan-India power distribution firm in an equal JV-State run NTPC Ltd and Power Grid Corp. of India Ltd (PGCIL) may shortly set up the National Electricity Distribution Company (NCDC)—a pan-India power distribution firm in an equal joint venture

ONGC plans to invest more than $500 million in Mumbai High Field-ONGC will employ enhanced oil recovery (EOR) methods to improve oil recovery from Mumbai High and has completed a pilot run.Almost 20% of new production at Mumbai High will come from incremental projects between 2017 and 2025

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Mark to Market " Banking Sector at Mess"

Market transactions by staff routine activity say RBL Bank as stock tanks 12% The total employee holding in the bank stood at around 3.46 crore shares as on 23 August, with over 25% of employees holding shares The bank's management had indicated possible corporate slippages to the tune of ₹1,000 crore in the coming quarters, during its Q1 results commentary A ‘priority sector’ problem brewing for YES Bank? The lender is said to have an exposure of about Rs 500 crore on account of loans to CCD. Most banks with exposure to the group said a significant portion of the debt was paid after Siddhartha sold his stake in IT services firm Mindtree for Rs 3,200 crore. But it’s not known how many banks individually loaned the company. Sources in the know said the loans were backed by the plantations and real estate.

Mark To Market IDBI in trouble

S&P places IDBI Bank on credit watch negative owing to the capital breach IDBI was found in breach of its regulatory capital requirements after a substantial loss in the first quarter of fiscal 2020 However, the rating agency believes the breach is temporary

Paint Industry:-Analysis

Global The global market volume of paint and coatings amounted to nearly ten billion gallons in 2019. In 2020, the global paint and coatings industry was estimated to be valued at some 158 billion dollars . USA The U.S. paints and coatings market size was valued at USD 24.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2020 to 2027 The architectural and decorative segment led the market and accounted for more than 57.0% share of the overall revenue in 2019. Rising infrastructure spending in the U.S. is expected to potentially fuel the growth of the construction industry over the forecast period. The acrylic segment led the market and accounted for more than 42.0% share of the overall revenue in 2019. This is attributed to its high demand from infrastructure, automotive, paints and varnishes, and paints and metal coating applications. China Since 2013, Chinese total paint production has accounted for more than one-third o...

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