While MLAs from Telangana pressed for immediate tabling of the draft AP Reorganisation Bill-2013 in the House, their counterparts from coastal Andhra and Rayalaseema regions demanded a resolution against the proposed bifurcation of the state.
TTK Prestige attributes flat growth in the second quarter to bad market conditions in the Southern areas of the country. Meanwhile, the company is hopeful of better topline and bottomline growth going forward.
The Winter Session of Andhra Pradesh Assembly, beginning from December 1, is likely to be stormy as the TRS, which is the most vocal votary of separate Telangana state, is set to corner the government taking a cue from Uttar Pradesh Chief Minister Mayawati who announced splitting of that state.
Speaking to CNBC-TV18, VM Mohan, CFO, India Cements says that cement prices could go up, but the company will be able to maintain margins on account of the current surplus and capacity that is expected to come in.