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Mark To Market Funding!!






  • Jet Airways gets ₹2,050 crore loan from PNB, shares surge-Jet Airways India Ltd rose 4% to ₹250 after  the company has secured fresh credit facilities of ₹2,050 crore from state-run Punjab National Bank (PNB) that could provide a temporary lifeline to the cash-strapped airline.

  • Levi Strauss IPO to raise as much as $587 million-The company expects to offer 36.7 million shares priced between $14 and $16

  • The bank with India's worst bad debt will sell $1.4 billion of loans-IDBI Bank Ltd., the lender with India’s worst-bad loan ratio, is seeking to curtail its soured debt by selling 100 billion rupees ($1.4 billion) of stressed assets and stepping up efforts to recover dues from delinquent borrowers.

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