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Thursday, February 18, 2010

Air India to get Rs 800 Crore of equity Support

Air India to get Rs 800 Crore of equity Support

The government of India on Thursday approved an Rs 800 crore of equity support to Air India. According to the cabinet meeting the equity investment is going to happen in two equal months

The carried had earlier set a target of crores 2000 but has managed to save only Rs 800 Crores.

In September last year Jadhav had proposed a PLI-Cut for its existing level employees but had a revoke from the staff, which itself had caused a loss to the company.

The carrier is said to have rationalize routes till march 2010 by restructuring operations over the Frankfurt hub adjusting capacities and eliminating the overlap operations of Nacil and Air India.

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Stock Terms and jargons

Active Share: An active share is the one which has a volume in trade (it has changed hands in many), these are the shares which are easy to buy or sell. which also may have some news sticked along with it.

Advance-Decline ration: It is also known as advanced decline ratio. This ratio is used to find whether market is in bullish trend or in the bearish trend, in other words whether the market is in advacing or declining. It is found by dividing the total number of advanced shares to the total number of declined shares. For instance: there are a total of 10000 stocks listed in the market of them 800 advances and 200 declines then the Advance Decline ratio would be 4 and since the ratio. Any value more than 1 would indicate a rising trend (bullish trend) and any value which is less than 1 would indicate a declining trend (bearish trend).

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Asset

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