rajiv kumar


Bourses need to reconcile regulatory and market interests: Niti Aayog

Aug 08 2018

Indian stock exchanges need to further reconcile their regulatory functions with market interests in order to protect and promote the interest of retail depositors, Niti Aayog Vice Chairman Rajiv Kumar said.

NITI Aayog in talks with water ministry to set-up authority for cleaning Yamuna

Jul 27 2018

NITI Aayog said today that it is in discussions with the water resources ministry for establishing an authority to clean and rejuvenate the Yamuna river in the capital.

WCD developing online courses with National Institute of Nutrition for raising awareness

Jul 25 2018

The Ministry of Women and Child Development is working with the National Institute of Nutrition for developing online courses to spread awareness about importance of nutrition, a senior official said.

Every year September to be celebrated as National Nutrition Month: WCD

Jul 25 2018

Every year September would be celebrated as the National Nutrition Month to mark the country's fight against malnutrition, the Ministry of Women and Child Development has said.

India cannot afford to have generations of stunted children: Maneka

Jul 24 2018

Women and Child Development Minister Maneka Gandhi today said India cannot afford to have generations of stunted children and underlined the need for states to prioritise regular monitoring with efficient distribution of supplementary nutrition.

India needs to adopt a model of capitalism that is compassionate: Rajiv Kumar

Jul 20 2018

NITI Aayog Vice Chairman Rajiv Kumar today said India needs to develop a model of capitalism that is “caring and compassionate” and not solely driven by profit maximisation.

Wish Amartya Sen spends some time in India to see structural reforms: Niti Aayog VC

Jul 15 2018

Days after Amartya Sen lamented that India has taken a quantum jump backwards since 2014, Niti Aayog Vice Chairman Rajiv Kumar today said the Nobel laureate should spend some time in the country to see the structural reforms undertaken by the Modi government.

Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar

Jul 15 2018

Government think tank Niti Aayog is working on a proposal to replace LPG subsidy with cooking subsidy in order to extend the benefits to people using piped natural gas and biofuels for cooking purposes, a top official said.

India, 6th largest economy, has long way to go as per capita income still low: Kumar

Jul 12 2018

Emergence of India as the sixth largest economy was very much expected but still there is a long way to go as the per capita income of the country is still low, Niti Aayog vice chairman Rajiv Kumar said.

Niti Aayog to hold India's first 'Global Mobility Summit' in Sept

Jul 03 2018

Niti Aayog will hold on Sept 7-8 here the India's first 'Global Mobility Summit', to be inaugurated by Narendra Modi, an official release said.

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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


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


To decide on buy back of shares on Aug. 20


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


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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