Hyderabad BJP LS candidate Madhavi Latha’s assets worth Rs 218 cr
Hyderabad: BJP candidate from Hyderabad Lok Sabha constituency K Madhavi Latha on Wednesday declared her family assets, both moveable and immovable worth Rs 218.38 crore.
Latha' s family has liabilities to the tune of Rs 27 crore.
Latha today submitted her nomination papers for the election to be held on May 13.
The BJP candidate's family owns 2.94 crore shares of Virinchi Ltd valued at Rs 94.44 crore. Latha's husband Vishwanath Kompalle, an IIT Madras alumni is founder of the fintech and healthcare company.
According to an election affidavit she filed, the family has movable assets worth Rs 165.46 crore including three dependents and immovable - Rs 55.92 crore.
She will take on All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief and sitting MP Asaduddin Owaisi and the Congress has announced Mohammed Waliullah Sameer as its candidate.
She mentioned that she possesses a Masters degree in Political Science.
Owaisi has declared family assets at Rs 23.87 crore and liabilities of Rs 7 crore. He possessed a pistol and a rifle, according to his affidavit filed on April 19.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
