Chhattisgarh CM to be elected like Sita's 'swayamvar': Sr Cong leader T S Singh Deo

Aug 12 2018

Like goddess Sita chose Lord Ram, the Chief Minister's face of the Congress will be elected through 'swayamvar' after the Assembly elections, Chhattisgarh Leader of Opposition T S Singh Deo has said.

Security alert in Odisha after 15 Maoists killed in C'garh

Aug 07 2018

A high alert has been sounded at Odisha's Malkangiri district to prevent possible influx of Maoists from neighbouring Chhattisgarh, where security forces gunned down 15 naxals yesterday, a senior police officer said.

One-India, One-Poll buzz refuses to die down

Aug 06 2018

The buzz of a slightly early, combined poll for Parliament and state assemblies refuses to go away, with the latest speculation centered on the possibility of 10 state assembly elections being combined with that of the Lok Sabha.

14 naxals killed in encounter with police in Chhattisgarh

Aug 06 2018

At least 14 naxals were killed in an encounter with security forces in Chhattisgarh's Sukma district today, police said.

Supplying rails to Railways like a dream come true: Naveen Jindal

Aug 05 2018

Supplying rails to Indian Railways is like a "dream come true", Naveen Jindal, the Chairman of Jindal Steel and Power Ltd (JSPL) which became the first private company to supply rails to the railways, said.

PM reviews preparations for launch of health assurance scheme

Aug 04 2018

Prime Minister Narendra Modi today reviewed the progress of preparations for the launch of the health assurance programme under Ayushman Bharat.

Steel Authority of India misses profit estimates

Aug 03 2018

SAIL missed analysts’ estimates for quarterly profit, as it booked a one-time charge of 2.77 billion rupees ($40.38 million), including a provision for royalty payment to Odisha govt.

One naxal killed, two policemen injured in Chhattisgarh encounter

Aug 03 2018

One naxal was killed and two policemen were injured in an encounter between security personnel and ultras at a weekly market in Chhattisgarh's Bijapur district today, police said.

SAIL spends Rs 18,832 cr on expansion, modernisation of Bhilai plant

Aug 01 2018

At present, BSP, a unit of SAIL, is one of the operational integrated steel plants in Chhattisgarh, Minister of State for Steel Vishnu Deo Sai said in a written reply to the Rajya Sabha.

PM Modi "unconcerned" on starvation deaths of children: Cong

Jul 29 2018

Harish Rawat criticised Modi for the alleged starvation death of 3 children in Delhi, and accused the BJP of attempting to use the updated National Register of Citizens (NRC) for divisive purposes.

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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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