Latest news with #Natarajan
The Hindu
5 days ago
- Business
- The Hindu
Tamil Nadu industries seek freeze on power tariff for a year
Industry associations in Coimbatore have appealed to the Tamil Nadu government and the Tamil Nadu Power Distribution Corporation not to revise the electricity charges from July. Tamil Nadu Electricity Consumers Association president Pradeep Natarajan said the average power consumption of industries, operation of MSMEs, and export orders for the manufacturing sector in Tamil Nadu have all seen a year-on-year decline. With the ongoing conflict in West Asian countries disrupting energy markets, trade routes, and financial sentiment, industries in Tamil Nadu, particularly MSMEs and export-driven manufacturers, are bearing the brunt. The Dearness Allowance/Consumer Price Index points during 2024-2025 have dropped. Hence, the Multi-Year Tariff (MYT) revision scheduled for July 2025 should be postponed, said Mr. Natarajan. 'This is not the time to increase power tariffs. Our industries are already struggling with falling demand, rising energy input costs, and mounting financial stress. A new tariff hike will only deepen the crisis,' he said in a press release. The Association sought a minimum one-year deferment of the multi-year tariff revision, status quo on current tariff levels until economic conditions stabilise, and special relief measures for energy-intensive and job-generating sectors. The Tamil Nadu Association of Cottage and Tiny Enterprises has urged Chief Minister M.K. Stalin to stall the proposed tariff revision with effect from July 1. Association president J. James pointed out that the fixed charges for MSMEs went up 430 % in 2022, and the Tamil Nadu Power Distribution Corporation was not reclassifying the tariff for micro units to 3 A (1) from 3 B despite orders from the Tamil Nadu Electricity Regulatory Commission. Further 6 % tariff revision will lead to closure of MSMEs and job losses, he said.
New Indian Express
5 days ago
- Politics
- New Indian Express
Congress MLAs from Madiga community seek one of six vacant Telangana cabinet berths
HYDERABAD: Congress MLAs belonging to the Madiga community on Wednesday called on AICC Telangana in-charge Meenakshi Natarajan and demanded that at least one of the six vacant berths in the state Cabinet be allocated to their community. Later speaking to reporters, Thungathurthi MLA Mandula Samuel said that they urged Natarajan to accommodate one among the six Madiga MLAs in the Cabinet. The legislators said that the AICC in-charge responded positively and promised to take up the matter with the party high command. They also revealed their decision to meet the AICC leaders in New Delhi on Thursday in this regard. Meanwhile, Natarajan held review meetings with party leaders from Adilabad and Peddapalli Lok Sabha segments. During the meeting, Mancherial MLA K Premsagar Rao requested the AICC in-charge to consider his name for the Cabinet berth. She is believed to have asked the leader who was Congress' main rival — BJP or BRS — in the erstwhile Adilabad district. She also enquired about implementation of government schemes in the villages. Adilabad party in-charge Kandi Srinivas reportedly sought the Adilabad DCC chief post. During the meeting with leaders from Peddapalli, Natarajan reportedly enquired about the alleged differences between IT & Industries Minister D Sridhar Babu and MP Gaddam Vamsi. The party leaders reportedly said that it was not a big issue and it could be resolved by holding a meeting with the two leaders. The AICC in-charge also sought details about recent controversy during Saraswati Pushkaralu, where Vamsi's photo was missing from the banners. The meetings will continue on Thursday.
The Hindu
5 days ago
- Politics
- The Hindu
MLAs from Madiga community meet Meenakshi Natarajan, make fresh demand for Cabinet berths
Several Congress MLAs, including a group of MLAs from the Madiga community, called on AICC Telangana in-charge Meenakshi Natarajan in Hyderabad on Wednesday (May 28, 2025), stressing the need to provide them with berths in the Cabinet in the upcoming expansion. In a memorandum submitted to her, they underscored the community's strong support for the Congress, both historically and in the recent Telangana Assembly elections. 'We have submitted a request to give our community a chance in the Cabinet,' Manakondur MLA K. Satyanarayana said, adding that they would go to Delhi on Thursday and meet the AICC president to press their demand. The MLAs claimed that the Madiga community, which has a large population among SCs, deserves representation in the Cabinet. 'We demand that Madigas be given ministerial posts,' said Dharmapuri MLA and Government Whip Adluri Laxman. 'Rahul Gandhi said that the share should be given according to the population, and we want a place in the Cabinet for our people.' Meanwhile, Chennur MLA G. Vivek, Mancherial MLA K. Premsagar Rao, and Ramagundam MLA Makkan Singh Thakur from Peddapalli Lok Sabha constituency also met Ms. Natarajan claiming to be worthy of the role due to their background and contributions to the party. Ramagundam MLA Raj Thakur said, 'I am the most backward caste MLA and have done a lot of work for the party since my NSUI days. I have also submitted a petition to the Chief Ministet requesting a ministerial position and also asked for the post of party working president.' While party leaders from Adilabad, Peddapalli, Karimnagar, Nizamabad, Medak, and Malkajgiri parliamentary constituencies were scheduled to meet the AICC in-charge for the State, Minister Damodar Raja Narasimha and TPCC working president T Jagga Reddy from Medak have called on Meenakshi. Interacting with media, Mr. Jagga Reddy said that Ms. Natarajan was on a 'doctor duty' to find out the problems faced by party leaders and resolve them. 'If there are any problems, Chief Minister Revanth Reddy, PCC chief Mahesh Goud, and Ms. Natarajan will resolve them.' he added. Later in the night, Ms. Natarajan and other Congress leaders met Mr. Revanth Reddy.
India.com
7 days ago
- Sport
- India.com
Star cricketer was paid Rs 107500000 for bowling only 18 balls in IPL 2025, he is..., his team is...
In these collection of pictures, we find out all about the star cricketer who was paid a massive Rs 10 crore in IPL 2025 season for bowling only 18 balls. Image credit: X (Formerly Twitter) T Natarajan was bought for Rs 10.75 crore by Delhi Capitals at IPL 2025 mega auction last year. T Natarajan played in only 2 matches in IPL 2025 and bowled only 3 overs. Natarajan was paid Rs 10.75 crore by Delhi Capitals for bowling only 18 balls. Delhi Capitals failed to reach IPL 2025 playoffs finishing in 5th place in spite of winning 5 out of their first 6 matches. Image credit: X (Formerly Twitter) T Natarajan has claimed 67 wickets in IPL in his career in 63 matches at an average of 30.11. Image credit: X (Formerly Twitter) T Natarajan claimed 19 wickets in IPL 2024 season while playing for Sunrisers Hyderabad. Image credit: X (Formerly Twitter) T Natarajan played in five reasons for SRH till 2024 after he had made his debut for Punjab Kings in 2017. DC chose to play foreign left-arm pacer like Mustafizur Rahman of Bangladesh and Australia's Mitchell Starc in place of T Natarajan.
Business Times
20-05-2025
- Business
- Business Times
RHB names its S-Reit top picks on softer interest cost pressures, minimal tariff impact
[SINGAPORE] RHB analysts maintained their 'overweight' call on Singapore-listed real estate investment trusts (S-Reits) amid 'softer interest cost pressures' – particularly for Singapore-centric Reits. This comes as most S-Reits under RHB's coverage report lower overall interest costs, as 'sharp falls' in domestic rates have benefited interest costs, said RHB analyst Vijay Natarajan in a Tuesday (May 20) research note. 'The majority (of S-Reits are) reporting lower overall interest costs. The fall in benchmark rates has also resulted in lower yields for alternative options (ie Treasury bills and Singapore savings bonds) and rising yield spreads for S-Reits – potentially creating room for fund inflows to the sector if the tariff overhang is removed,' he said. 'With benign sector valuations, we still see medium-term risk-rewards in favour of S-Reits,' he noted. Top picks include CapitaLand Integrated Commercial Trust (CICT) , CapitaLand Ascendas Reit (Clar) , Frasers Centrepoint Trust (FCT) , Keppel Reit , and Aims Apac Reit – all of which were assigned a 'buy' call. Cautiously positive guidance, strong operating numbers The majority of S-Reits under RHB's coverage reported in-line results with operational numbers remaining 'strong', Natarajan said. A NEWSLETTER FOR YOU Tuesday, 12 pm Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. Sign Up Sign Up 'More than half of the S-Reits that reported financials... saw positive quarter-on-quarter and year-on-year net property income growth, supported by stable occupancy and positive rent reversions,' he said. A key positive was 'softer interest cost pressures', particularly for S-Reits focused on Singapore. There were no major changes to operational performance guidance, which is 'cautiously positive', as the direct impact of US tariff policies has been 'minimal' so far, while risks of uncertainties stemming from them remain clouded. Hence, a majority of the S-Reits under coverage foresee stable occupancy rates and positive rent reversions, barring certain overseas markets and segments. Singapore-centric Reits favoured to 'outperform' Among S-Reits, Natarajan thinks large-cap, high-quality Singapore-centric Reits could do well. In particular, he favours industrial, office, healthcare and suburban retail sub-sectors, while that of hospitality is the least preferred. 'Amidst a currently volatile macroeconomic backdrop, we expect Singapore-centric Reits to continue to relatively outperform and see larger fund inflows.' This comes as stable and supportive government policies post-election could create room for fiscal policy support in the event of an economic downturn, which is a positive for the real estate sector, Natarajan said. Noting that the three-month key benchmark Singapore overnight rate average has declined 70 basis points year to date, he adds that falling domestic interest rates are lowering Singapore-dollar denominated borrowing costs. 'Nearly three quarters of S-Reits saw flat to moderate interest cost declines quarter on quarter, with the largest declines seen among Singapore-centric S-Reits,' he said. 'In addition, most of the S-Reits also noted slight reductions in bank loan margins amid a flush of liquidity in the banking system.' Reits that logged the highest quarter-on-quarter interest cost declines include Far East Hospitality Trust (60 basis points), OUE Reit (50 basis points), Sasseur Reit (30 basis points), First Reit (30 basis points) and Acrophyte Hospitality Trust (30 basis points). Moreover, the stability of the Singapore dollar – benefiting from 'capital flight-to-safety' – and the Republic's growing financial hub status, could further benefit Singapore-centric Reits, he said.
