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PM Cares not govt fund, 3rd party info can't be revealed, Centre tells HC

The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund is not a government fund as donations to it do not go to the Consolidated Fund of India and no third party......

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

The Delhi high court on Tuesday took exception to the Centre filing a one-page reply on 'such an important issue' of PM CARES Fund on which a petition has been filed to declare it as a 'State'......

HC to hear on Dec 10 pleas seeking transparency in PM CARES Fund functioning

The Delhi high court on Friday advanced to December 10 the hearing on pleas to declare the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund a 'State' under the......

No factor to show PM CARES Fund is private: HC told

Opposing the Centre's stand that the PM CARES Fund was not a government fund, a lawyer told the Delhi High Court Wednesday that there was no factor to show that the fund was private in nature.......

What Every Indian Must Know About PM-CARES

Since its launch on March 28, 2020, the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund, or PM-CARES, has been embroiled in several controversies. Rediff.com's Syed......

Rakesh Gangwal sells IndiGo shares worth Rs 6,785 crore

InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions. Illustration: Dominic Xavier/Rediff.com The co-founder of......

Analysts see upto 38% upside in IndiGo; suggest tracking costs, airfare cap

At Rs 919 crore, InterGlobe Aviation, the parent firm of low-cost airline IndiGo, posted its best-ever fourth quarterly net profit in the January-to-March quarter (Q4) of financial year 2022-23......

India's aviation sector likely to return to profit in FY24 on higher traffic, pricing

A combination of recovery in passenger volumes and easing cost pressures due to stable fuel and foreign exchange costs could spark a turnaround. Devangshu Datta reports. Photograph: Pierre......

IIT alumni are opening their wallets wide to give back despite Covid-19

While the Indian Institute of Technology (IIT) Kanpur may have attracted among the highest donations by an individual (former student and IndiGo Airlines co-founder Rakesh Gangwal) at Rs 100 crore......

What Rakesh Gangwal's exit from IndiGo may mean for the airline

It is not clear whether there are any safeguards in place to prevent any individual who may buy Gangwal’s entire stake from making a bid to gain control of the airline through an open offer.......

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