EPIC FUTURE

Epic Update : MTNL

Group of ministers (GoM) meet on BSNL, MTNL revival strategy deferred to tomorrow
GoM headed by FM, was scheduled to meet on June 11 .
 
Epic Update : Mahindra Satyam

Pending prosecutions against R Raju and others shall continue
Pending investigations against R Raju & others shall continue
Future company to be liable to prosecutions & investigations
Company shall furnish all information needed for Serious Fraud Investigation Office (SFIO)
All debts & liabilities of Mahindra Satyam will be as they are
Approved scheme will no bearing on petition filed against company before Company Law Board (CLB) in 2009.
 
Epic Update : Bajaj Auto

Bajaj Auto has launched %u2018RE Compact%u2019, three wheeler passenger vehicles in Petrol, CNG and LPG variants, to replace the company%u2019s existing range. The RE compact comes with advanced features over the existing range like a DTSi engine (4-stroke), 10-15 per cent higher fuel efficiency, lower maintenance cost and better ergonomics.
 
Epic Update : Jet Airways

Jet Airways submits fresh agreement to win over Foreign Investment Promotion Board (FIPB) on Etihad deal, Jet to have control.
 
Epic Update : Neyveli Lignite

Cabinet panel to mull 5 percent divest in Neyveli Lignite
Neyveli Lignite CMP at Rs 59.75
Govt stake at 93.56 percent - may be able to raise around Rs 460 crore.
 
Epic Update : Kingfisher Airlines

60-day SARFAESI notice to Kingfisher Airlines (KFA) expires on July 3
Banks to begin selling KFA properties post July 3
Banks have identified 2 properties of Mallya in Delhi.
 
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