lok sabha

 

Somnath Chatterjee: Distinguished Parliamentarian who wore many hats

Aug 13 2018

An outstanding parliamentarian, Somnath Chatterjee was the first communist to become the Lok Sabha Speaker and had once famously refused to accept a Supreme Court notice, demarcating the jurisdiction of the judiciary and the legislature.

NDA will get more seats in 2019: Narendra Modi

Aug 12 2018

Terming the opposition grand alliance as a "failed idea", Prime Minister Narendra Modi said the the BJP-led NDA will definitely get more seats in the next Lok Sabha polls than it got in 2014 and break all records.

Govt says Rs 268 cr collected as UDAN levy from airlines

Aug 09 2018

"All scheduled airline operators have been remitting the RCS levy. Total funds collected from RCS levy till August 3, 2018 is Rs 268.10 crore approximately," Minister of State for Civil Aviation Jayant Sinha told the Lok Sabha.

LJD to be part of anti-BJP 'grand alliance' for Lok Sabha polls: Sharad Yadav

Aug 06 2018

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.

2019 polls: Chandrababu reaches out to people in rural areas

Aug 05 2018

N Chandrababu Naidu has been meeting people in the rural areas of the state as part of the 'Grama Darshini' programme to gather feedback on his government's development activities and address public grievances in the run-up to the 2019 assembly and Lok Sabha elections.

Not averse to projecting Mamata as prime ministerial face: Deve Gowda

Aug 05 2018

Pitching for a "formidable front" against the BJP, former prime minister and JD(S) supremo H D Deve Gowda has said he is not averse to projecting TMC chief and West Bengal Chief Minister Mamata Banerjee as the Opposition's prime ministerial face for the 2019 Lok Sabha polls.

LS members express concern over sugar import despite surplus

Aug 03 2018

Members in the Rajya Sabha today expressed concern over continued import of sugar despite its surplus production in the country.

Oppn to approach EC demanding 2019 polls be held using ballot papers

Aug 02 2018

"This is a matter on which all opposition parties agreed. We are planning to meet next week. We plan to go to Election Commission and demand that the EC conduct the coming Lok Sabha elections using ballot papers," Derek said.

CCTV to make money, alcohol distribution difficult in LS polls: Kejriwal

Jul 31 2018

Arvind Kejriwal accused the Central government of directing Lt. Governor to halt a CCTV project as camera installations will make money and alcohol distribution difficult during the 2019 Lok Sabha polls.

Modi slams oppn for "ills" of the country

Jul 29 2018

Modi slammed the opposition parties, holding them answerable for what he called the "ills the country has been facing for 70 years".

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Stocks In News

 

BHARTI AIRTEL

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

ET reports

MAX INDIA

Bain joins KKR in race for Max Healthcare stake

PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn

ET reports

NAVNEET EDUCATION

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

Mint reports

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

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