Beruflich Dokumente
Kultur Dokumente
AIRCRAFT HITS
AIRPORT WALL I-T RAIDS AT NAIDU’S
DURING TAKE-OFF
Tiruchirappalli, Oct.
12: Passengers of a Dubai-
bound Air India Express
TOP AIDE RESIDENCES
flight had a miraculous
escape when their air-
■ Ramesh, who was on I-T radar, calls move political vendetta
craft’s wheels hit a COREENA SUARES | DC ■ RAMESH’S RITHWIK Their turnover is report-
perimeter wall during HYDERABAD, OCT. 12 ed to be around `1,000
take off here in the early Company was almost crore. On Friday, I-T per-
hours of Friday, officials TD MP C.M. Ramesh, bankrupt before 2014. sonnel raided Mr Ramesh’s
said. among AP Chief Minister But without any residence in Jubilee Hills,
The plane, with 136 pas- N. Chandrababu Naidu’s tenders, Rithwik which is adjacent to the
sengers and crew mem- closest aides, was raided by house of Mr Naidu, the
bers on-board, continued Income Tax sleuths on company has man- office of Rithwik Projects
for Dubai and was eventu- Friday on suspicion of larg- aged to won over Private Limited in Banjara
ally diverted to Mumbai escale I-T Act violations. `3,658 crore which Hills, offices in Delhi and at
after Trichy airport offi- Twelve teams of I-T offi- was sanctioned by his native place Proddatur
cials reported to the pilots cials raided the offices and in Kadapa district.
that the aircraft might residences of Mr Ramesh C.M. Ramesh Chandrababu Naidu. A source told this newspa-
have come in contact with and his group companies at per, “The MP bagged con-
a wall. Hyderabad, Prodattur and cials had raided Congress anding special category tracts in AP without follow-
Nobody was hurt in the Delhi. leader A. Revanth Reddy, a status for Andhra Pradesh. ing the tender process.
incident and the aircraft Last week, I-T officials former associate of Mr Mr Ramesh called the Many multi-crore projects
landed in Mumbai at 5.35 had raided TD politicians Naidu and accused in the raids political vendetta. He were allocated on nomina-
am. and some firms owned by cash-for-vote scam. is a director of several tion basis. The projects
TD supporters in Andhra Three days ago, Mr firms such as Rithwik include modernisation of
■ Report on Page 10 Pradesh. One of the firms, Ramesh had questioned the Properties, Global Earth canals, construction of irri-
which dealt with real I-T raids in AP and had Minerals, Anjandri Power gation projects and laying
estate, was said to be close written a letter to the depa- Private Limited, Kadapa of roads.”
SC STAYS ORDER BY to a key minister in Mr
Naidu’s Cabinet.
rtment seeking details. Mr
Ramesh had recently gone
Power Private Limited and
bagged multi-crore projects ■ Page 8: No cash seized;
On September 27, I-T offi- on a week-long fast dem- in AP and Uttarakhand. raids likely to continue
UTTARAKHAND HC
AGAINST FATWAS INDIA WINS SEAT
J. VENKATESAN | DC
NEW DELHI, OCT. 12
Maneka proposes panel to IN UNHRC WITH
The Supreme Court on Fr-
iday stayed an order pas-
sed by the Uttarakhand
High Court banning fat-
look into #MeToo cases HIGHEST VOTES
United Nations, Oct. 12:
India was elected to the
was and barring religious DC CORRESPONDENT More women should ment when he served as United Nations’ top hum-
outfits/ bodies and statu- with agency inputs come out and address the editor at various media an rights body on Friday
tory panchayats/ local NEW DELHI, OCT. 12 issue of sexual harassment organisations. for a period of three years
panchayats/ group of peo- and narrate their experi- The minister of state for beginning January 1,
ple in the state from issu- The women and child de- ences, the minister said. external affairs, film direc- 2019, getting 188 votes in
ing such directions. velopment ministry plans “I believe in all of them. I tor Sajid Khan and actor the Asia-Pacific category.
A Bench of Justices to set up a panel of legal believe in the pain and Alok Nath are among those India’s permanent rep-
Madan B. Lokur and Dee- experts to look into the trauma behind every sin- accused of sexual miscon- resentative to the UN Am-
pak Gupta stayed the ord- allegations of sexual har- gle complainant,” she said. duct and more. “I am pr- bassador Syed Akbarud-
er on an appeal filed by assment that have surfaced She did not comment on oposing to set up a commit- din said India won with
Islamic organisation, Ja- in the #MeToo campaign, the allegations of sexual tee with senior judicial and the highest votes among
miat Ulama-I-Hind, after minister Maneka Gandhi harassment against her legal persons as members all candidates. He said th-
hearing its senior counsel said on Friday, asserting colleague M.J. Akbar, who to look into all issues ema- at the win reflected the co-
Raju Ramachandran. that she believes in the has been accused by sever- nating from the #MeToo untry’s standing in the in-
“pain and trauma” of every al former women col- campaign,” she said. ternational community.
■ Report on Page 10 complainant. leagues of sexual harass- ■ Report on Page 10 ■ Report on Page 11
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DECCAN CHRONICLE SATURDAY | 13 OCTOBER 2018 | HYDERABAD 2
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DECCAN CHRONICLE SATURDAY | 13 OCTOBER 2018 | HYDERABAD 3
DECCAN CHRONICLE
City
SATURDAY | 13 OCTOBER 2018 | HYDERABAD
PAGE
COUNTER POINT
IN PLACE FOR
three credits each. If rgescale detentions dur- separate pass criteria in
such a candidate is pro- ing the last academic internal assessment
moted, the candidate year under the Choice and Board examination.
ROAD WORKS has to undergo the
study of eight subjects
making a total of 20 sub-
Based Credit system. Of
the total 18,947 students,
only 8.4 per cent had
The result was comput-
ed in each subject tak-
ing into account the
DC CORRESPONDENT jects to be cleared which been detained. combined marks obtai-
HYDERABAD, OCT. 12 makes the job of the stu- It said that most of the ned in the internal asse-
dent much more diffi- detained students were ssment and Board exam
Hyderabad police commis- cult.” those who had got and those who secured
sioner Anjani Kumar has OU Vice-Chancellor admission in affiliated 33 per cent marks were
imposed traffic restrictions to Prof. S. Ramachandram colleges under mana- declared pass in that
facilitate the white topping of said further relaxation gement quota. subject.”
the road from Balkampet tem-
ple junction to Fatehnagar
bridge. The curbs will be in
force for 17 days from
Saturday.
New bridge from Begumpet
towards Fatehnagar will be
EC weighs e-postal ballot
closed. Traffic from HPS
towards Fatehnagar on new
bridge towards Y Junction
will be diverted towards HPS
for 50,000 service voters
out gate junction, Begumpet MADDY address, Assembly con- the regular polling
flyover and Greenlands DEEKSHITH I DC stituency and other booth to exercise their
Junction. HYDERABAD, OCT. 12 details by entering their franchise. It is expected
New bridge at electoral photo ID card that the e-postal ballot
Kattamaisamma temple (left The State Election number (EPIC). will bring in transparen-
turn) will be closed. Traffic Commission (SEC) is The app would be cy and accountability.
from Begumpet flyover contemplating to pro- available for download The e-postal ballot will
towards new bridge (left turn) vide, for the first time, from the SEC site, alter- be available for 10,000
will be diverted towards HPS more than 50,000 service natively, the e-postal bal- defence personnel,
out gate junction, U turn, voters with the e-postal lot can be cast on the 20,000 government empl-
Begumpet flyover ballot for the forthcom- Chief Electoral Officer’s oyees and 20,000 police
Traffic from Satyam theatre ing elections. website, which would personnel deputed on
towards Fatehnagar will not The Election Comm- provide a user ID and election duty. The Kar-
be allowed towards ission will introduce a password. In a postal nataka State Election
Fatehnagar bridge at SR special mobile applica- ballot, the voter can Commission had
Nagar police station signal tion through which vot- send the vote by post launched an app to offer
and will be diverted towards ers can get details of when he or she cannot e-ballot for the state elec-
SR Nagar junction. their polling station be physically present at tions earlier this year.
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DECCAN CHRONICLE SATURDAY | 13 OCTOBER 2018 | HYDERABAD 5
City
Poll apps
PAGE
CEO Rajat Kumar tells police offiers
to bring about awareness on poll panel 6
apps such as Suvidha and C-Vigil
DECCAN CHRONICLE SATURDAY | 13 OCTOBER 2018 | HYDERABAD
19-year-old youth
discounts. They should on, Ameerpet, Pantal- Vandana Textiles, Vana- number 7330774444 and
not paste stickers on the oons, LB Nagar, Venkat- sthalipuram, Sri Krish- toll free number
dies in accident
printed price tags and eshwara Khadi Bhand- na, Kukatpally and Nee- 180042500333.
Hyderabad: A 19-year-old
Dr. T.S. SUDHIR
engineering student died in
a road accident on Thursday
late night under Medipally
police station limits. Police
Depressed engg student DY BACHUPALLY
MRO ACCEPTS
DOB: 13.10.1941 DOD: 09.07.2018
Inserted by:
Dr. Jamuna Sudhir (Wife)
Sons, Daughters-in-law &
Grand Children
registered a case and further
investigation is on. The
Medipally police have identi-
fied the victim as B. Anil
attempts to end his life BRIBE, NABBED
DC CORRESPONDENT
Phone: 99596-43049, 98480-42567
OBITUARY
“I shall dwell in the house of the Lord forever”- Ps 23:6
Kumar, 19, engineering stud- DC CORRESPONDENT ■ THE TELANGANA many times, the stude- HYDERABAD, OCT. 12
ent, a resident of Ghatkesar. HYDERABAD, OCT. 12 nt did not get justice.
According to the police, the Engineering Joint K. Subbarami Reddy, The Anti Corruption Bu-
victim informed his parents Depressed over the det- Action Committee Station House Officer- reau (ACB) sleuths tra-
that he was going to his ention system, a 19- alleged that the st- Sultan Bazaar Police pped deputy tahsildar
uncle’s house in Vanasthalip- year-old engineering udent tried to Station said, “At arou- Ramagiri Kiran Kumar
uram and left home on a student from Hyderab- nd 2 pm, a student na- of Chityala Mandal —
bike. B.Anji Reddy, Inspector ad attempted suicide by commit suicide med Rajnikanth climb- Jayashankar Bhupal-
of police, Medipally said, climbing a tower at because he was ed a tower in Sultan pally while accepting
“While he was on the way Sultan Bazaar at Koti depressed. Bazaar limits. But we bribe of `5,000.
back home an unidentified on Friday. The student rescued him and asked The accused was caug- L. ANTHONY CRUZ
DOB: 19.06.1949
vehicle hit him near Nandan- who hails from Waran- The student took the the reason for his suici- ht red-handed at the Slept in the Lord on 12.10.2018
avanam park and fled from gal district was study- extreme step after OU de attempt and he rep- Tahsildar office while he Holy Mass at St. Anthony’s Church,
the scene. The young man ing in an affiliated engi- refused to budge despi- lied that he was depre- was accepting a bribe Mettuguda, at 3.00PM
sustained a severe head inju- neering college in Jaw- te several requests, rep- ssed over the detention from complainant M. Followed by Burial at Bhoiguda
ry and died on the spot.” aharlal Nehru Technol- resentations and system. We also spoke Madhuvamshi Krishna, Catholic Cemetry.
Inserted by: Wife & Children
The Medipally police have ogical University protest at the JNTUH. to the university offici- in return for an official Ph: 8143168140, 8143657660
registered the case under (JNTUH), Hyderabad. The Telangana Engin- als who informed us favour. (CA-2460)
Section 304 (a) and further The student was repo- eering Joint Action that it was the student’s The bribe amount was
investigation is underway. rtedly depressed as he Committee (JAC) alleg- mistake for not study- recovered and the I have fought the good fight, I have finished KARMANDARAM
ing and attending class- the race, I have kept the faith. 2TIM. 4:7
Meanwhile, police handed was detained in the fir- ed that the student tri- accused was arrested.
over the body to family st year due to fewer cre- ed to commit suicide es. They said that they The ACB appeals to the OBITUARY
members after the post- dits. However, the Sult- because he was depres- were just common rul- public to contact the
mortem examination at an Bazaar police offici- sed over detention rul- es which they followed crime investigating
Gandhi Hospital. als rescued the student es and, despite approa- and these cannot agency on toll free num-
and counselled him. ching varsity officials change.” ber 1064.
FOUND DEAD
DOB: 01-08-1928 DOD: 02-10-2018
Nadupu: 13-10-2018 at 6.00 p.m.
FINANCIAL ISSUES KOMMU SURYA KANTHAMMA (89 years)
Karmandaram: 14-10-2018 at 7.30 a.m. at
Bansilalpet Electric Crematorium followed
DC CORRESPONDENT DOD 12-10-2018
Funeral on 13-10-2018 at 12.00 noon at
by Puja at residence Plot No.4, Gruhalaxmi
Colony, Kakaguda, Sec-bad-15.
HYDERABAD, OCT. 12 DC CORRESPONDENT Narayanguda Cemetery. Ph: 040-27898224
HYDERABAD, OCT. 12 Inserted by: In Grief: Wife, Daughter, Sons,
KOMMU FAMILY MEMBERS Daughters-in-law and Grand Children
A man with a speech disability
(B/1819/D00135) (S/1819/D01019)
died under suspicious condi- A 25-year-old person co-
tions at his home in Addagu- mmitted suicide at his
dur in the Rachakonda commi- residence on Thursday.
ssionerate limits on Thursday. The Medipally police are
The deceased Komaraiah’s suspecting financial
family alleged that the deceas- problems as the reason
ed’s wife Komaramma and her for his suicide.
paramour Eedaiah killed him. The Medipally police
According to the Addagudur have identified the vict-
police, Komaraiah, a labourer, im as Atinarapu Bhara-
married his elder sister’s th Sagar. According to
daughter Komaramma about the police the victim was
15 years ago. Komaraiah had a an electrician and he
speech disability by birth. The
couple has three children, and
recently got married. B.
Anji Reddy, inspector of
CARELESS COP
all are studying in a local gov- police Medipally said,
ernment school. “Since he couldn’t pay
For quite some time, Komar- his debts he got depres- A police officer rides his motorcycle without wearing a helmet. He is also
amma was reportedly involved sed and killed himself.” carrying his rifle with him. —PAVAN
in an extramarital relationsh-
ip and Komaraiah caught th-
TD created hurdles in ■ Balladeer meets Rahul, rules out joining Congress The Hyderabad High
Court on Friday dis-
The Congress persisted
with its stand that the
electoral rolls were
formation of S.N.C.N. ACHARYULU | DC missed two petitions chal- faulty, and senior leader
Telangana state HYDERABAD, OCT. 12 RED RISING lenging the notification and Election
issued by Governor E.S.L. Commission coordina-
— K. Kavitha Telugu balladeer Gumm- PUSHING GADDAR TO STAND IN THE UPCOMING ELECTIONS CAN Narasimhan on Sep- tion committee chair-
adi Vital alias Gaddar is BE THE OPPOSITION’S PLOY TO WEAKEN TRS BASE IN THE STATE tember 6, dissolving the man Marri Shashidhar
Nizamabad MP ready to contest in the Assembly on the advice of eement with such propo- Reddy said all the errors
● Gaddar, his wife Vimala and son ● Gaddar said his
upcoming Assembly elec- the Cabinet and the noti- sitions of law stated in would be proved.
tions. Surya Kiran who joined the aim was to end fication of the Election the above judgement and Speaking to mediaper-
IN BRIEF Gaddar is willing to con-
test against caretaker
Congress recently, met Congress
president Rahul Gandhi in Delhi.
the new feudalism
in TS. He said if all
Commi-ssion on October
6 to hold elections.
we follow them.” The be-
nch noted “Article 163(3)
sons at Gandhi Bhavan,
Mr Reddy said, “Some
Chief Minister K A division bench com- of the Constitution provi- officials are still contin-
BJP FOR RURAL Chandrasekhar Rao in the ● Gaddar said he would not join political parties
requested, he
prising Chief Justice des that the question whe- uing their errors. We are
Gajwel Assembly con- any political party, but would act Thottathil B. Radhakrish- ther any, and if so what, warning those officials,
POLLS MINUS stituency as an independ-
ent candidate if all politi-
as a bridge between the secular would contest as nan and Justice S.V. Bhatt
while dismissing the peti-
advice was tendered by
ministers to the governor
who have turned into
agents of the TRS. For
political parties and the people. an independent.
PARTY SYMBOLS cal parties and the people
request him.
tions concurred with the
judgement of the HC in R.
shall not be inquired into
in any court.”
the first time in history,
the electoral rolls will be
DC CORRESPONDENT Gaddar, his wife Vimala, Krishnaiah vs. Union of Mr P. Sheshank Reddy, prepared under the
HYDERABAD OCT. 12 and son Surya Kiran, who He told the media after Dalit the Chief Minister ing with Mr Rahul Gandhi India which held “where another petitioner, ques- observation of the High
joined the Congress the meeting, that Mr and distributing land to he did not discuss his con- the Governor has dis- tioned the notification Court.”
BJP leader Kishan Reddy dem- recently, met Congress Rahul Gandhi has started the Dalits. testing the elections. solved the State Assembly issued by the EC advanc- He said if the EC hand-
anded holding of panchayat el- president Rahul Gandhi in a “protect the He said a new feudalism Gaddar wants the on the advice of the Co- ing the schedule summa- ed over the final voters
ections without party symbols. Delhi on Friday at the Constitution, protect the had come into existence in Bellampalli constituency uncil of Ministers, his ry revision of the elec- list, the committee would
Alleging that caretaker chief invitation of AICC secre- country” movement and it TS and the movement to ticket in Adilabad district decision cannot be chal- toral rolls. To this, the show the mistakes. “We
minister K. Chandrasekhar tary and former MP was to know more about protect the Constitution for his son Surya Kiran, lenged except on the gro- bench cited its judgement will project the mistakes
Rao had diluted the institution- Madhu Yashki Goud. Mr this that he met the was required in the state. but the TPCC wants to unds of mala fides and in the case of Komireddy on the screens at Gandhi
s while in power for his politic- Gandhi asked him to join Congress chief. “My aim is to end the new allot the seat to its ally, the irrelevant considerations Krishna Vijay Azad v The Bhavan. Election
al needs, he said the High Court the party but Gaddar He alleged that Chief feudalism in Telangana. If Communist arty of India and that when the deci- EC wherein it was ruled Commission can to
found fault with KCR govern- refused. He said he would Minister K. Chandrase- all parties request, I will (CPI). Gaddar says he is sion of the Governor is that “the mere fact that, watch the presentation.”
ment because it was “function- not join any political khar Rao had not fulfilled contest as an independ- ready to speak to CPI based on the advice of according to the petition- He said the Congress was
ing unconstitutionally”. party, but would act as a even one of the assur- ent,” he said, without national secretary Surava- Ministers, the Court can- er, the sizeable group of being questioned by a
Mr Reddy said the party bridge between the secu- ances given to the people explaining why political ram Sudhakar Reddy not go into the sufficiency new voters may fall with- defector who had to hide
workers would meet all the lar political parties and in 2014, such as one job for parties should do so. about the Bellampalli seat of the advice.” in the basket if 01.01.2018 his face in public.
panchayat sarpanches in the the people. every family, making a He said that in the meet- issue. Former minister D.K. is taken as a cut off date,
state from Saturday. Aruna had urged that the does not make any dis-
He rebutted the accusations court direct the Governor tinction on the facts of
by the Congress on BJP nation-
MARRI SAYS to summon the House the case because the con- EC GIVES SEVEN
al president Amit Shah and
said the Opposition was unable
to digest the growing populari-
Vijayashanti cheers crowd WILL PROVE
under Article 174 to
invoke his independent
discretionary power and
stitutional mandate does
not embolden us to say
that a caretaker govern-
DAYS FOR LIST
ty of the party in the state. place the recommenda- ment should be permitted
CORRECTIONS
MADHU YASHKI
across TS, calls KCR ‘dora’ ERRORS IN ROLLS
DC CORRESPONDENT
HYDERABAD, OCT. 12
tion of the Cabinet to dis-
solve the House for its
opinion. The bench said
“We are in respectful agr-
to continue to enable the
finalisation of voters’ list
and further push the elec-
tions.”
DC CORRESPONDENT
HYDERABAD, OCT. 12
COMPLAINS TO KIRAN REDDY
ALTHURU | DC
STAGE COLLAPSES The Congress on Friday The Election Commi-
CEO ABOUT KTR HYDERABAD, OCT. 12
ANDHRA PRADESH
■ Petitioner seeks reinstatement of service with due seniority COURT REJECTS KAMAL NATH, PILOT’S
of sexual harassment
change, he told reporters in response in six weeks in place for handling
Shivamogga. “If our BJP after hearing senior complaints of sexual
leaders have spoken this counsel Indira Jaising, harassment and advise
way, there is no meaning to who submitted that the the ministry on how to
it. We are in the opposition effective relief sought is DC CORRESPONDENT Mazher is a regular on tripping the air hostess. strengthen these, the
and will work as an opposi- for restoration in service HYDERABAD, OCT. 12 the national circuit and Deliberately, twice. A minister said.
tion,” he said. with due seniority. has worked with Oxfam, common ploy with “These cases have been
The former additional Mazher Hussain, the Rajiv Gandhi Foundat- creepy male passengers. elephants in the rooms
Phoolka resigns
district judge had alleged founder of Hyderabad- ion and Ford Foundatio- I contemplated telling for the last 25 years. The
that her resignation based NGO COVA, has n. him to behave. But question here is how can
as MLA in Punjab
amounted to an act of been accused of sexually Mari Marcel Thekaek- exhaustion won. I could- they prove these after all
“constructive termina- harassing human rights ara shared her gut- n’t summon the energy.” these years,” the Union
tion”, claiming that she activist Ms Mari Marcel wrenching story to an The lights went out. I minister said.
Chandigarh: AAP leader H.S. was in fact forced to put Thekaekara on a flight, online magazine, she was almost asleep. “The first thing to do is
Phoolka resigned Friday in her papers as a conse- the incident happened shared (verbatim), “I Suddenly, I felt a hand naming and shaming
from the Punjab Assembly, quence of her being 18 years ago. had boarded a South massaging my thigh. I these monsters. Naming
protesting that the state unlawfully and in a mala The victim narrated African Airways sat up with a jolt. Was I and shaming will go a
government has not acted fide manner transferred how Mazher touched her Mumbai-Johannesburg dreaming? A nightma- long way in lessening the
on the findings of a probe to a conflict area for not thighs inappropriately flight to cover the 2001 re? But no, the passen- pain these women have
into the desecration of holy bowing to the immoral while she was asleep on World Conference ger in the seat in front of been carrying,” the
books in 2015. The MLA had demands put forth by her a South African Airw- against Racism in me had stretched his Union minister added.
earlier threatened to resign superior. ays Mumbai-Johannes- Durban. I noticed a man hand behind to rub my
if the Amarinder Singh-led She had alleged sexual burg flight, and he was in front stretching his thigh. I screamed invol- should be reinstated if
Congress government failed harassment by Justice slapped on the spot. leg into the aisle almost untarily.” she is interested in join-
to act against former chief Gangele in 2014 and had ing back the service.
minister Parkash Singh Ba- filed a detailed complaint In her petition, the judi-
dal and ex-police chief Sum- with the then Chief was set up in 2015 after 58 in December last year, MP high court showed cial officer said she had
edh Singh Saini over the fir- Justice of India, R.M. members of the Rajya found that the charges lack of human face in no other option than to
ing on people protesting Lodha, and senior judges Sabha, gave a notice to were “not proved” and transferring her mid- submit her resignation
“sacrilege”. “I have sent my of the Apex Court after move a motion to had termed Justice term. Since the com- since her elder daughter
resignation as legislator of resigning from her post. impeach the HC judge. Gangele’s conduct to be a plainant lady judicial was pursuing Board XII
Punjab Vidhan Sabha to the A three-member judi- Thereafter, with Justice part of routine district officer was also forced to examination and that she
Speaker through email,” cial committee headed by Sen’s retirement, a panel, administration/exercise resign after her transfer could not accept the
he said. Justice Vikramajit Sen comprising Justices R. of supervisory power by to a remote naxal-affect- transfer. Relying upon
was then set up in April Banumathi, Manjula the High Court. ed location at a time the findings of the panel
2015 by Rajya Sabha Chellur (retired Chief The panel said the when her daughter was on her transfer, the peti-
Chairman Hamid Ansari Justice of Bombay high woman judicial officer to sit for board examina- tioner sought reinstate-
to look into the allega- court) and senior advo- fell victim to wrong tion, the committee was ment with consequent
tions. The inquiry panel cate K.K Venugopal had, impressions and that the of the view that she seniority.
CONG SEEKS
ered” pending investiga- In a major announce- Air India has also order in August on the rised to issue fatwas.
tion, Air India Express ment, the minister also “constituted a sub-com-
said in a statement. said he had recently mittee of the board
PAK SACKS HC JUDGE FOR India elected to UNHRC again all births, according to a
series of three papers
India. mate more than one in
four countries in 2015 had
BUSINESS
BIZ BRIEFS SWIFT RECOVERY
Bandhan Bank
gets relief Sensex rallies most in
19 months, up 732 pts
Mumbai: Bandhan Bank on
Friday said it has got exemp-
tion from Sebi on one year
lock-in period for selling
shares by promoters. Last
month, RBI restrained the
lender from opening new
branches and also freezed
■ Value buying helps erase most of Thursday’s plunge
remuneration of managing Mumbai, Oct. 12:
director for not meeting the
licensing conditions.
Driven by fall in crude
prices and the recovery
SOLID GAINS
in rupee, the Sensex on Rising for the third straight day, the After opening on
WELSPUN EYES Friday posted its biggest
single-day gain in 19
rupee strengthened by 55 paise to
settle at 73.57 against the US dollar
strong footing,
the Sensex
EASY TO LAY
months, soaring over 700
points, as global markets on Friday, marking its biggest gain in advanced to
rebounded after two st- over three weeks hit a high of
FLOOR TILES raight sessions of losses. 34,808.42. M&M vice president — marketing (commercial vehicles) — Mahesh Kulkarni poses
DC CORRESPONDENT
The rupee strength-
ened 53 paise to 73.59
(intra-day) against the
20% with the new edition of Mahindra Bolero Pick Up in Hyderabad on Friday.
pets and artificial grass. “The since March 2017. DC CORRESPONDENT decline in oil production down India’s import owing to higher fuel and
flooring has always been a The Nifty ended the NEW DELHI, OCT. 12 in the country increasing dependence on oil and food prices but was short “The overhang of food basis points. That, in
time consuming process in the week at 10,472.50, up its imports and widening gas to 67 per cent of its of the Reserve Bank of disinflation is very visible turn, means the policy
country. But these products 237.85 points, or 2.32 per With fuel prices rising current account deficit. requirement by 2022. He India’s 4 per cent medium- indeed. Consumer infla- rate could be on hold dur-
will help us complete the floor- cent. It touched a high of despite an excise duty The issues arising from had used 77 per cent oil term target. tion for September sur- ing the Monetary Policy
ing in a few hours and allow us 10,492.45 points in day cut, Prime Minister US sanctions on Iran and import dependence in the The inflation based on prised at 3.8 per cent, a Committee’s December
to change the flooring as we trade. Narendra Modi on Friday how to deal with it was fiscal year 2013-14 (ending consume price index (CPI) clear 20 bps below the review as well,” said Mr
wish,” Mr Savlani said. Investors lapped up held a meeting with the also discussed during the March 31, 2014) as the ref- had declined to a 10- RBI’s medium-term target Joshi.
Currently, the Indian organ- recently-hammered finance minister and oil meeting, said sources. erence to call for reduc- month low of 3.69 per cent for the second straight The industrial output in
ised flooring market is worth auto, realty, metal, oil ministry officials. The way to find long ing import dependence to in August. In September month. Mind you, this is August grew 4.3 percent
`40,000 crore — this excludes a and gas, FMCG, banking, According to sources, term fix for oil imports 67 per cent by 2022. 2017, it was at 3.28 per despite higher fuel prices slower than 6.5 percent in
large unorganised players in power, infrastructure, IT, the meeting discussed also came up. The possi- Import dependence has, cent. In categories such and depreciation in the July. The mining sector
marble and other stone-based auto, and capital goods ways to boost domestic bility of using new tech- however, increased since as cereals, meat and fish, rupee,” said Dharmakirti production contracted by
flooring. stocks amid unabated production of crude oil so nologies to boost oil pro- then. India’s oil import eggs, milk products, retail Joshi, chief economist, 0.4 per cent in August
Though currently most funds inflow by domestic that dependence on im- duction from ageing oil dependence rose to 81.7 inflation showed an Crisil Research. compared to a growth of
multinational companies are institutional investors ports could be cut. fields too was discussed. per cent in 2016-17 and upward trend. In fruits, He said with the expecta- 9.3 per cent in the year-ago
using these tiles by importing (DIIs) ahead of the Finance minister Arun ONGC CMD Shashi further to 82.8 per cent in however, the inflation rate tion of overall healthy month.
from other developed coun- release of key IIP num- Jaitley and oil minister Shanker and Oil India 2017-18. moderated in September. agricultural production, Similarly the capital
tries, Mr Savlani said the com- bers for August and in- Dharmendra Pradhan CMD Utpal Bora are said During the April- The overall inflation in food inflation should stay goods output growth
pany would have flooring prod- flation data for Sept- are said to have been to have given projections August period of current consumer food basket contained and weigh decelerated to 5 per cent
ucts for all categories of cus- ember scheduled later in present. Sources said that of oil and gas production 2018-19 fiscal, it has gone increased to 0.51 per cent down consumer inflation. during the month from a
tomers. the day. while Modi’s vision has of their respective com- up further to 83.2 per as against 0.29 per cent in “Even if the increased 7.3 per cent expansion
He said the total investment Bear operators were been to increase domestic panies over the next five- cent, according to the Oil August, showed the data. Minimum Support Prices year ago. The manufactur-
outlay for Hyderabad is `1,200 seen covering up posi- oil production by 10 per year period. Ministry's Petroleum In fuel and light catego- translates into commen- ing sector output grew at
crore and the plant can pro- tions, brokers said. cent, recently there has Mr Modi had in March Planning and Analysis ry, the rate of price rise surate increase in retail 4.6 per cent in August
duce 3 times the initial output — PTI been over 3 per cent 2015 called for bringing Cell (PPAC). was at 8.47 per cent in prices, consumer inflation compared to 3.8 per cent a
without any expansion. September. can rise only around 50 year ago.
Games
Summit Clash
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Shuttler Lakshya Sen defeated Kodai Naraoka of
Japan 14-21, 21-15, 24-22 to enter men’s singles 12
final at the Youth Olympic Games in Buenos Aires
DECCAN CHRONICLE SATURDAY | 13 OCTOBER 2018 | HYDERABAD
Roston in rescue act INDIA-WINDIES Mumbai, Oct. 12: The fourth One-Day Brabourne Stadium in Mumbai on
International between India and West October 29.