The airline has been defaulting on salaries for some time, making partial payments in some cases or not paying at all, as it continues to lose money mainly in domestic routes where it can't raise fares facing competition from low-cost airlines.
More that the battle between bat and ball, it is the colourfully dressed cheergirls who are raising the din in the stadium at IPL 8 matches.
As Narendra Modi and his ministers vigorously campaign for a shift to a cashless society, Rediff.com's Syed Firdaus Ashraf reports on what is really happening on the ground.
In November alone, year-on-year growth in flight bookings for the season was almost 40 per cent, said Ranjeet Oak, senior vice-president (flights), MakeMyTrip, a leading Indian online travel agency.
BCCI president Sourav Ganguly on Saturday made it clear that the 13th edition of IPL will be a truncated one if the coronavirus pandemic subsides but could not commit on the number of matches under the current circumstances. The BCCI on Friday suspended the IPL from March 29 to April 15 due to government-imposed travel restrictions and refusal of three states to host any matches owing to the pandemic that has so far claimed more than 5000 lives and infected close to 1,50,000 people globally.
The concept of gold as an asset capable of getting anytime money is evaporating.
While some criticise the government, others, despite the inconvenience, hail demonetisation as revolutionary.
What makes Indian abstract art more valuable is its relative rarity. V S Gaitonde, S H Raza and J Swaminathan are the only major names in modern Indian art known for their abstracts.
The Bombay high court asked the BCCI to shift all the IPL matches after April 30 from Maharashtra due to the acute water crisis in the state. Mumbai, Pune and Nagpur are the three venues in Maharashtra scheduled to hold the IPL matches.
Japanese telecom major would invest $50 mn in the start-up in 'December or latest by January'.
India's participation in Olympics will be decided only by the general body of the Board of Control for Cricket in India, which in all likelihood won't change its present stance of not taking part as they don't want to follow the Olympic charter.
It's too big to digest as one whole airline.'
The pilots and other senior staff have not been getting their full salaries since December.
Other income stood at about a quarter of PBIDT in the first 9 months of 2013-14
The Supreme Court on Friday refused to go into a plea seeking probe by an special investigation team into alleged recovery of documents by the IT department in connection with raids on two business houses in New Delhi.
Around 576,000 housing units, worth Rs 4.64 trillion, are delayed in seven major cities of the country
The Supreme Court on Thursday approved BCCI's new draft constitution with some modifications, effectively diluting its earlier order on a tenure cap for office bearers and reinstating voting rights of four legacy cricket associations.
'Prices are rock, bottom, developers are ready to negotiate and banks are keen to lend.'
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
FPIs would be classified into two categories instead of three, while the requirements for issuance and subscription of offshore derivative instruments would be rationalised.
Deloitte's recruitment process will involve a resume screening, a telephonic interview, and a face-to-face interview if you apply online, says Sarvesh Agrawal.
A young squad, full of Indian Premier League performers, will represent India 'A' in the T20 warm-up against South Africa at the Air force Ground, in Palam, on September 29.
In a shocking incident, a group of young men allegedly molested an 18-year-old girl in a broad daylight in the suburban Kandivali in Mumbai, police said.
Launch of new residential projects in top eight cities -- Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, National Capital Region (NCR) and Pune -- came down by 41 per cent in first half of 2017.
The 51-year-old televangelist, who is currently abroad, is being probed under terror and money-laundering charges by the NIA.
Rediff.com's Prasanna D Zore spoke with vegetable vendors, fruit sellers, those selling clothes in shops and streets, and a retired school teacher.
A rampaging Kolkata Knight Riders stand in the way of Delhi Daredevils' revival plan as the two teams, with contrasting runs so far, gear up to clash in an Indian Premier League (IPL) fixture in Kolkata on Friday.
The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
'Slowly, but surely, India will move towards a low-cash economy.'
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
If you are have an account with State Bank of India, HDFC Bank or Axis Bank you will have to pay higher charges for using ATM more than five times a month.
'Jobs will exist at very high levels or low levels of skill sets.' 'People, who are in middle level jobs, are the ones who are facing the problem as such jobs are fast disappearing because of technological advancement.'
'By August 2018, it was evident that Jet was heading into serious financial trouble.' 'Why didn't the DGCA stop all advance bookings right there and then?' asks Anjuli Bhargava.
Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
However, the reduction in ATF prices will provide some cushion to airlines engaged in a protracted price war have lost control over pricing in one the world's most price sensitive domestic markets.
Manish Sabharwal tackles 5 criticisms of demonetisation.
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