Loktantrik Janta Dal (LJD) leader Sharad Yadav today said his party would support the 'Mahagathbandhan' (grand alliance) of opposition parties against the BJP in the coming parliamentary election.
The non-BJP parties have kept their options open about the prime ministerial candidate till after the elections because the numbers will be a decisive factor in making the choice.
Former Bihar Chief Minister Jitan Ram Manjhi on Monday claimed that BJP ally and RLSP chief and Union Minister Upendra Kushwaha will join the Grand Alliance soon.
RJD leader Tejashwi Yadav called for a Grand Alliance at the national level to defeat the BJP and said there was a need for opposition leaders to shed their ego.
The Janata Dal-United faction led by Sharad Yadav is to approach the Election Commission to stake claim over the party symbol 'arrow', a party leader said.
Sharad Yadav hit out at current JDU president and Bihar CM Nitish Kumar, saying the party is not Kumar's alone but belonged to him too.
Scindia strongly condemned Nitish's decision to sever ties with 'Mahagathbandhan' as betrayal of people's mandate.
Kumar said he had no option but to walk out of the grand alliance as continuing in it would have meant compromising with corruption.
Bihar Chief Minister Nitish Kumar said he had quit in the interest of the state after failing to resolve a crisis plaguing the ruling Grand Alliance.
BJP moved the Election Commission against the grand alliance alleging that its leaders were trying to polarise voters of Bihar.
Aircel moves SC to make Airtel clear dues
Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf
Bank guarantees have lapsed and Aircel wants Airtel to pay the money
Alleged that Airtel is trying to usurp the sum
Aircel says without the money it may get liquidated
Bain joins KKR in race for Max Healthcare stake
PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn
To decide on buy back of shares on Aug. 20
JET AIRWAYS CLARIFIES
Co planning $400 Mn stake sale is speculative in nature
Jet Auditor BSR may quit if issues are not resolved is factually incorrect
Have been pro-actively working on multiple revenue enhancements
Evaluating various funding options to meet liquidity requirements on priority
Relationship with Etihad Airways very strong
No delays in discharging any loan obligations to any of the lenders
Default status in tabular statement only due to technical errors, rectified now
Clarifies that reports of stake sale are purely speculative
Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect
Seeks lenders help in bid to avoid default
Airline wants waiver of loan covenant on existing debt facility of $185mn
Co has to repay or refinance at least $500mn of existing debt to avoid default
Told lenders it won’t be able to meet min $50mn profit condition for FY19
Consortium of lenders yet to decide on Jet’s request
Airline’s total debt was Rs 9430 Cr as on 31st March 18
NSE TO JET AIRWAYS
Have noticed a difference in your responses dated August 9 & 10
Clarify whether mgmt extension from audit committee as per Aug 10 response
Or did Audit Committee not recommend results to board as per Aug 9 response?
In Aug 10 response, details of "Certain Matters Not Closed" not provided
Provide exact reasons for which audit committee has not approved results
Again ask you to give us date when board meet to consider results will be held