News for 'il'

Baramati plane crash: ILS could have averted tragedy, says expert

Baramati plane crash: ILS could have averted tragedy, says expert

Rediff.com28 Jan 2026

An aviation expert suggests that the Baramati plane crash, which resulted in the death of Maharashtra Deputy Chief Minister Ajit Pawar and four others, might have been avoided if the airport runway had been equipped with an instrument landing system (ILS). The expert also emphasized the importance of preserving evidence at the crash site for the ongoing investigation.

IT union flags delay in 250 engg grads' onboarding by Wipro

IT union flags delay in 250 engg grads' onboarding by Wipro

Rediff.com20 Jan 2026

The Nascent Information Technology Employees Senate (NITES) has written to the labour and employment ministry accusing global Information Technology (IT) firm Wipro of delaying onboarding of about 250 engineering graduates even though commitments were made by the company through offer letters and formal communication.

Govt has no role to play in judicial transfers: SC judge

Govt has no role to play in judicial transfers: SC judge

Rediff.com25 Jan 2026

Supreme Court judge Justice Ujjal Bhuyan asserts the independence of the judiciary and its importance in upholding the Constitution, emphasizing that the government has no role in the transfer of judges.

After Decades IPKF Set For Overdue Official Honour

After Decades IPKF Set For Overdue Official Honour

Rediff.com2 Feb 2026

'Why are IPKF martyrs not being officially recognised and appropriately honoured? And is the government really changing its mind on this now?', asks Aditi Phadnis.

Major collision averted at Delhi airport, plane lands on wrong runway

Major collision averted at Delhi airport, plane lands on wrong runway

Rediff.com24 Nov 2025

Ariana Afghan Airlines A310 aircraft operating flight FG-311 (Kabul-Delhi) was given clearance to land on runway 29L. However, the aircraft landed on runway 29R.

Op Sagar Bandhu: India deploys NDRF teams, aircraft to Ditwah-hit Lanka

Op Sagar Bandhu: India deploys NDRF teams, aircraft to Ditwah-hit Lanka

Rediff.com29 Nov 2025

"Operation Sagar Bandhu ' Humanitarian Assistance. In the wake of the devastation caused by Cyclone Ditwah across Sri Lanka, India swiftly launched Operation Sagar Bandhu to bolster relief efforts," the Indian Air Force said in a post on X on Saturday.

Who is Satadru Dutta? The man behind Messi's India Tour

Who is Satadru Dutta? The man behind Messi's India Tour

Rediff.com13 Dec 2025

Satadru Dutta's rise was swift and ambitious. But that journey took a dramatic nosedive on Saturday.

Banks can now declare ex-IL&FS directors 'wilful defaulters'

Banks can now declare ex-IL&FS directors 'wilful defaulters'

Rediff.com8 Apr 2025

The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to declare them as wilful defaulter. However, the appellate tribunal said those directors who are part of the new board of Infrastructure Leasing & Financial Services (IL&FS) and its various subsidiaries after October 1, 2018, would remain protected.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

Op Sagar Bandhu: Another C-130J deployed, Mi-17s on standby in Colombo

Op Sagar Bandhu: Another C-130J deployed, Mi-17s on standby in Colombo

Rediff.com30 Nov 2025

The Indian Air Force has stepped up its efforts to assist Sri Lanka in the wake of Cyclone Ditwah, deploying aircraft and helicopters for relief operations and evacuation of stranded citizens under Operation Sagar Bandhu.

As IAF eyes 80 transport planes, Lockheed offers C-130J mega hub in India

As IAF eyes 80 transport planes, Lockheed offers C-130J mega hub in India

Rediff.com28 Dec 2025

If Lockheed Martin gets the opportunity, then it will set up a mega hub in India to produce the "iconic" aircraft and it will be the first such global facility outside of the US, top officials of the company told PTI.

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Rediff.com9 Dec 2025

Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.

Cyclone Ditwah: India steps up relief ops in Sri Lanka; toll rises to 212

Cyclone Ditwah: India steps up relief ops in Sri Lanka; toll rises to 212

Rediff.com30 Nov 2025

Sri Lanka continues relief and rescue efforts with India's assistance after Cyclone Ditwah caused widespread devastation, killing over 190 people and affecting nearly a million.

153 dead as Ditwah leaves trail of destruction in Lanka; rain pounds TN

153 dead as Ditwah leaves trail of destruction in Lanka; rain pounds TN

Rediff.com29 Nov 2025

Cyclone Ditwah exits Sri Lanka after causing widespread destruction and over 120 deaths, heading towards the Indian coast. Heavy rains and high winds are expected to continue.

Erdogan asks Meloni to stop smoking, she replied...

Erdogan asks Meloni to stop smoking, she replied...

Rediff.com14 Oct 2025

Turkish President Recep Tayyip Erdogan's anti-tobacco crusade has a new target: Italian Prime Minister Giorgia Meloni, Politico reported.

Want To Invest In Credit Risk Funds?

Want To Invest In Credit Risk Funds?

Rediff.com22 Sep 2025

'Investing in these funds makes sense if their net yield over better-quality funds -- corporate bond funds or banking and PSU funds -- is meaningful.'

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

Rediff.com6 Nov 2024

IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency appellate tribunal NCLAT. "As on September 30, 2024, the total debt discharged to creditors of the Respondent No 1 (IL&FS) Group aggregates to Rs 38,082 crore," the status report said. This includes Rs 20,289 crore from monetisation of assets, Rs 8,140 crore from auto-debits, green entity principal servicing, NFB release and Rs 9,653 crore from interim distribution.

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

Rediff.com3 Oct 2025

The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta, an accused in the death of Assam's cultural icon Zubeen Garg.

3 soldiers killed as avalanche hits Army camp in Siachen

3 soldiers killed as avalanche hits Army camp in Siachen

Rediff.com9 Sep 2025

Notably, Siachen is the highest battlefield of the world, which sits on the nuclear tri-junction of India, Pakistan and China.

Indians in Israel directed to land exits as airspace remains closed

Indians in Israel directed to land exits as airspace remains closed

Rediff.com18 Jun 2025

With national emergency in Israel still in place and the airspace closed, the Indian embassy in Tel Aviv on Tuesday asked for those Indians looking to leave the country to look at availing land border crossing options.

Iran-Israel war: 110 Indian students evacuated from Tehran to Armenia

Iran-Israel war: 110 Indian students evacuated from Tehran to Armenia

Rediff.com18 Jun 2025

The ministry of external affairs said in a statement that the Indian embassy remains in touch with the community with a view to extend all feasible assistance.

The Hidden Dangers of Water-Only Fasting

The Hidden Dangers of Water-Only Fasting

Rediff.com1 Jul 2025

A new study reveals that water-only fasting may come with serious side effects.

Should You Invest In Corporate Bonds?

Should You Invest In Corporate Bonds?

Rediff.com10 Jul 2025

Only a limited set of investors should invest directly in corporate bonds.

Why Delhi Airport Will See 7% Flight Cancellations

Why Delhi Airport Will See 7% Flight Cancellations

Rediff.com14 Jun 2025

'Delhi airport handles 1,450 aircraft movements per day. Of these, 114 daily movements will be cancelled during the runway upgrade.'

CAS favours Inter Kashi, Churchill's I-League crown at risk

CAS favours Inter Kashi, Churchill's I-League crown at risk

Rediff.com17 Jun 2025

Inter Kashi filed an appeal at the Switzerland-based CAS on April 24 against the decision of the AIFF appeals committee and the world's apex sports tribunal ruled in favour of the club on Tuesday.

A look at deadliest air crashes in India

A look at deadliest air crashes in India

Rediff.com13 Jun 2025

After a London-bound Air India aircraft crashed shortly after taking off from the Ahmedabad airport on Thursday, the spotlight is back on India's history with aviation disasters.

ED summons Maha NCP chief in IL&FS money laundering case

ED summons Maha NCP chief in IL&FS money laundering case

Rediff.com11 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.

ED searches 2 former IL&FS auditors in connection with money-laundering case

ED searches 2 former IL&FS auditors in connection with money-laundering case

Rediff.com10 May 2023

The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.

PIX: Duran double as Al-Nassr make Asian Champions League semis

PIX: Duran double as Al-Nassr make Asian Champions League semis

Rediff.com27 Apr 2025

Al-Nassr ensured all three Saudi Pro League teams reached the Asian Champions League Elite semi-finals as Stefano Pioli's side handed Yokohama F Marinos a 4-1 defeat on Saturday.

Navi Mumbai airport opening pushed back by 2 months

Navi Mumbai airport opening pushed back by 2 months

Rediff.com17 Mar 2025

The entire construction of the Navi Mumbai airport project is expected to be completed in five phases.

Champions Trophy: What's in store for India in Dubai?

Champions Trophy: What's in store for India in Dubai?

Rediff.com16 Feb 2025

India likely to play on fresh pitches

International flights at Navi Mumbai airport by July next year

International flights at Navi Mumbai airport by July next year

Rediff.com3 Mar 2025

It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Govt reshuffles IL&FS board; C S Rajan is non-executive chairman

Rediff.com27 Sep 2022

The government has reshuffled the board of IL&FS Ltd, which is undergoing debt resolution process, with existing board member C S Rajan being redesignated as the non-executive chairman. Nand Kishore, who was serving as an executive director, has been made the managing director, according to the company. In the wake of financial misdoings coming to light, the corporate affairs ministry had superseded the board of IL&FS in October 2018.

35 Years After IPKF's Return, Tamil Politics Has Changed

35 Years After IPKF's Return, Tamil Politics Has Changed

Rediff.com24 Mar 2025

Since the IPKF's withdrawal from Sri Lanka in March 1990, the LTTE's once-powerful influence in Tamil Nadu has faded.

Ensure ample staff at check-in counters, govt tells airlines as fog sets in

Ensure ample staff at check-in counters, govt tells airlines as fog sets in

Rediff.com21 Nov 2024

Airlines must ensure that all check-in counters at the Delhi airport are fully staffed to minimise passenger inconvenience as smog has started affecting the flight operations, Aviation Minister Rammohan Naidu directed on Wednesday. The minister gave this direction during a meeting with representatives of major airlines, Delhi International Airport Limited (DIAL), officials of the Ministry of Civil Aviation, Directorate General of Civil Aviation (DGCA) and the Bureau of Civil Aviation Security (BCAS).

IL&FS creditors to get Rs 16,361 cr on pro-rata basis

IL&FS creditors to get Rs 16,361 cr on pro-rata basis

Rediff.com3 Jun 2022

The National Company Law Appellate Tribunal has directed the new board of the debt-ridden IL&FS Group to distribute Rs 16,361 crore of cash and InvIT units available across the Group to its creditors on pro-rata basis. The interim distribution award of Rs 16,361 crore includes Rs 11,296 crore in cash and Rs 5,065 crore in InvIT units (Infrastructure Investment Trusts) and a majority of this is to be distributed to the creditors of three large group firms -- IL&FS, IFIN and ITNL. "The interim distribution shall be confined only to the entities as reflected in Annexure-6 except those excluded and for the amount of Rs 16,361 crores i.e Rs 11,296 crore of cash and Rs 5,065 crores of InvIT Units," said an order by a two-member NCLAT bench headed by Chairperson Justice Ashok Bhushan.

Modi inaugurates Z-Morh tunnel in J-K

Modi inaugurates Z-Morh tunnel in J-K

Rediff.com13 Jan 2025

Modi also met the construction workers who worked meticulously amid harsh conditions to complete the tunnel.

IL&FS to resolve debt of Rs 55,000 cr by March

IL&FS to resolve debt of Rs 55,000 cr by March

Rediff.com13 Feb 2022

IL&FS group would resolve debt of Rs 55,000 crore by March 2022, the board of the crisis-hit company has stated in its affidavit filed before the National Company Law Appellate Tribunal (NCLAT). While updating the progress of the resolution progress, the IL&FS board, led by Uday Kotak, said Rs 55,000 crore debt would be resolved through asset monetisation, restructuring and insolvency proceeding initiatives. Some of this has already been completed while the rest is at different stages of resolution, it said in a brief snapshot on the progress made in the ongoing resolution process till December 7, 2021, and suggested estimates of progress to be made by March 2022.

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

IL& FS case: ED grills NCP's Jayant Patil for over 9 hrs; Oppn cries vendetta

IL& FS case: ED grills NCP's Jayant Patil for over 9 hrs; Oppn cries vendetta

Rediff.com23 May 2023

Maharashtra Nationalist Congress Party (NCP) president Jayant Patil appeared before the Enforcement Directorate (ED) in Mumbai on Monday in a money laundering case linked to alleged financial irregularities in the now bankrupt financial services firm Infrastructure Leasing and Financial Services Limited (IL&FS), an official said.