Current Affairs
Before you start the day, let's take a quick look at some of the major events in the country that are likely to make headlines today. From Jet Airways board meeting to Rahul Gandhi's rally in Kerala, here are some of the most important news events scheduled for today that will be keenly watched.1. Polycab India will make a debut on bourses
Wires and cables manufacturer Polycab India will make a debut on bourses on April 16 after a overwhelming response to its public issue last week. The final issue price is fixed at higher end of price band of Rs 533-538 per share.
2. Jet board meets today as lenders refuse funds
India’s first private airline Jet Airways is headed towards a total grounding and a decision could be taken as early as Tuesday after a meeting of its board of directors.
Left with no cash, a seven-plane fleet and fuel to run operations only till Tuesday afternoon, the end is imminent, said sources close to the development. “Jet cannot be saved now. It’s on the ground,” another source in the know said.
This follows Monday’s no-consensus emergency meeting of the lenders’ consortium, led by State Bank of India, to decide on infusion of Rs 1,000 crore immediately. Soon after, the suspension of the international operations was extended till at least April 18.
3. PM Modi to hold roadshow in Bhubaneswar today
Prime Minister Narendra Modi will hold a roadshow in Bhubaneswar during his visit to Odisha on April 16. He is also scheduled to address two rallies in Bhubaneswar and Sambalpur on the same day...Read More
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