LS adjourns briefly amid din over Muzaffarpur shelter home

Aug 06 2018

Lok Sabha proceedings were today adjourned briefly as Congress and other Opposition members created a ruckus over the alleged sexual exploitation of girls at a shelter home in Muzaffarpur.

Three women JD(U) spokespersons write an open letter to Rabri

Aug 04 2018

Under attack from opposition RJD on Muzaffarpur sex scandal case, three women spokespersons of ruling JD(U) here today wrote an open letter to former Chief Minister Rabri Devi asking her to expel from the party those involved in anti-social and immoral acts.

Lalu Prasad, wife, son and others summoned as accused in IRCTC scam case

Jul 30 2018

A Delhi court today summoned RJD supremo Lalu Prasad Yadav, his wife Rabri Devi and son Tejashwi Yadav and others as accused in the Indian Railway Catering and Tourism Corporation (IRCTC) scam.

Congress' yielding on PM face improves chances for grand coalition

Jul 28 2018

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.

Shelter home rapes: Why Bihar against CBI probe, asks Tejashwi

Jul 25 2018

An opposition delegation led by RJD leader Tejashwi Yadav on Wednesday alleged that the Bihar government is trying to save the main accused in the rape case involving dozen minor girls at a shelter home in Muzaffarpur.

Muzaffarpur shelter home issue rocks Bihar Assembly

Jul 24 2018

The alleged sexual exploitation of girls at a state-funded shelter home in Muzaffarpur rocked the Bihar Assembly today, leading to adjournment of the House till 2 pm.

Pappu Yadav demands CBI probe into Bihar shelter home rapes

Jul 23 2018

Bihar's Madhepura MP Rajesh Ranjan aka Pappu Yadav on Monday raised the issue of rape of minors in the government-run shelter home and demanded a CBI probe into it.

Nitish hopes BJP will come up with seat-sharing proposal within 4-5 weeks

Jul 16 2018

Nitish Kumar today declined to divulge the "many things" he discussed with BJP chief Amit Shah during the two meetings they had in Patna, but said he expected the BJP to come out with a seat-sharing formula acceptable to all NDA constituents within four-five weeks.

Even Lalu would not have any objection to what I said: Gehlot on 'majboori' remark

Jul 13 2018

Hours after his "majboori" remark, Congress leader Ashok Gehlot today said his emphasis was on making the party self reliant and even RJD chief Lalu Prasad would not have any objection to it.

BJP hacked my FB account to create rift in family; Nitish knew: Tej Pratap

Jul 03 2018

Rashtriya Janata Dal (RJD) leader Tej Pratap Yadav has alleged that his Facebook account was "hacked" by the Bharatiya Janata Party (BJP) and the Rashtriya Swayamsevak Sangh (RSS) to create a rift in his family and weaken his party.

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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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