Slash price of packaged water, cap it at Rs 20, demands MP

Aug 10 2018

Raising the issue during the Zero Hour in the Lok Sabha, Dushyant Chautala (INLD) asked the government to cap the price of packaged water at Rs 20.

Lok Sabha adjourns briefly amid protests by TRS members

Aug 09 2018

Lok Sabha proceedings were today adjourned briefly following protests by Telangana Rashtra Samithi (TRS) members.

TRS govt 'insensitive' towards Hindu saints, says BJP

Jul 12 2018

BJP accused the TRS-led Telangana government of being "insensitive" towards Hindu saints and indulging in "Nizam's legacy politics" in the wake of the externment of Swami Paripoornanda.

Amit Shah to review poll preparations in Telangana on July 13

Jul 10 2018

BJP Chief Amit Shah would take stock of the party's preparations for the simultaneous polls to Lok Sabha and Telangana Legislative Assembly during a visit to the city on July 13.

Former Cong leader Danam Nagender to join TRS

Jun 23 2018

Danam Nagender, who resigned from the Congress yesterday, said he would be joining the ruling Telangana Rashtra Samithi (TRS).

Telangana CM meets PM, discusses pending issues

Jun 15 2018

Rao met Prime Minister Narendra Modi in New Delhi and discussed various issues related to the state.

Telangana celebrates formation day with gaiety

Jun 02 2018

Telangana celebrated its fourth formation day with Chief Minister K. Chandrasekhar Rao declaring that his goal is to free farmers from the loan trap.

Telangana CM meets Karunanidhi in Chennai

Apr 29 2018

Telangana CM, who is attempting to stitch a coalition of non-BJP parties ahead of the next year's Lok Sabha elections, met DMK president M Karunanidhi at his residence.

Telangana CM to meet DMK leaders on 29th April

Apr 29 2018

Stepping up his efforts to form Federal Front, Telangana CM K Chandrasekhar Rao will meet DMK leaders M. Karunanidhi and M.K. Stalin in Chennai on Sunday.

TRS to hold party plenary on April 27: KTR

Apr 23 2018

The plenary of the ruling TRS to mark its foundation day will be held on April 27 at Kompally here, state IT and Industries Minister K T Rama Rao said.

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Stocks In News



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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