It has bolstered the home team's medal chances at the 14-day event, which is expected to see massive participation from more than 150 countries.
Vaishali, sister of the Indian chess prodigy and GM R Praggnanandhaa, scored impressive victories over Mariya Muzychuk (Ukraine) and Russia's Valentina Gunina on the opening day of the Blitz championship.
Sundram Fasteners Ltd director S L Narayanan passed away.
India's Padmini Rout scored an impressive victory with plenty of fireworks to maintain her joint lead in the Girls section but favourite Viddit Santosh Gujrathi suffered a shock loss in the sixth round of the LIC World Junior Chess championship in Pune.
The airline, which posted an annual loss of Rs 191 crore (Rs 1.91 billion) for the past financial year, has been looking to raise funds for months.
The airline management has now sought a meeting with civil aviation minister Ashok Gajapathi Raju to present the airline's plan.
Padmini Rout has 6.5 points, one behind the leader, Sarasadat Khademalsharieh, in the girls' section at the World Junior Chess Championships in Pune.
Lesser-fancied Indians again stole limelight in the LIC World Junior Chess Championships, being played at Hotel Hyatt, in Pune, on Friday. Nandhidhaa PV created a sensation in the fifth round, upsetting IM Meri Arabidze of Georgia, who is rated and titled higher than her, while 15-year-old Maria Ivana Furtado shocked Nguyen Thi Mai Hung to emerge joint leaders.
Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.
Summary of sports events and persons who made news on Wednesday
Lesser-known Indian players continued to impress, while the fancied struggled to score, even as overseas Grandmasters took charge in the third round of the World Junior Chess Championships, being played at Hotel Hyatt, in Pune, on Wednesday. S L Narayanan was one of the early finishers, holding second seed and super GM Robin Van Kampen (2641) to a draw, while 10-year-old Nihal Sarin's impressive display again won him many admirers after he held Balazs CSonka (2409) to a draw to remain unbeaten after three encounters against opponents rated higher than 2400.
Nihal Sarin closes in on final Grandmaster norm
Indian Grandmaster S P Sethuraman came back into the reckoning for top honours after defeating Duda Jan-Krzysztof of Poland in the seventh round of the World Junior Chess Championship in Kocaeli.
Indian Grandmasters Vidit Gujarathi and Sahaj Grover maintained a clean slate, defeating Tomas Laurusas of Lithuania and Vyacheslav Lozhnikov of Kazakhstan respectively in the second round of the World Junior Chess Championship in Kocaeli, Turkey.
Padmini Rout is well-placed along with four foreigners atop of the points' table after seven rounds in the LIC World Junior Chess Championships, being played at Hotel Hyatt, in Pune. With six rounds left in the tough 13-round Swiss league event, the players in both sections are tightly bunched, making the hunt for the title quite open.
A senior government official informed AAI had agreed not to withdraw the credit facility of SpiceJet till Monday.
Grandmaster and former World junior champion Abhijeet Gupta won the Commonwealth Chess Championship after settling for a quick draw with Arghyadip Das in the ninth and final round in New Delhi, on Tuesday.
A summary of sports events and persons who made news on Thursday
China's Lu Shanglei and Wei Yi emphatically exhibited their rising chess prowess with convincing victories over Russians Vladimir Fedoseev, the top seed, and Mikhail Antipov, in the 10th round of the World Junior Chess Championships at Hotel Hyatt, in Pune, on Thursday. The victories ensured that the Chinese maintained joint-leader status with eight points each.
S L Narayanan, a regular visitor to Pune for the Maharashtra Chess League, has a reputation for shocking seeded players. On Thursday, in the fourth round of the LIC World Junior Chess championships, at the Hotel Hyatt, the teenager from Kerala played true to his reputation and stunned Polish Grandmaster Kamil Dragun.
Assets include Kalanithi Maran's shares worth Rs 139 cr in Sun Direct.
Meanwhile, Minister of State for Civil Aviation Mahesh Sharma said that there was no question of any bail out to the beleaguered carrier
Promoters of SpiceJet do not have funds to bail out the airlines of dire consequences.
Kalanithi Maran claims deal with Ajay Singh is dead; SpiceJet spokesperson says Maran's claims are baseless and false
We are only 9-10 months into the turnaround exercise: Maran
Of the 243 listed flights, it claimed to have operated 75 across the country after 1600 hours on Wednesday.
Summary of sports events and persons who made news on Saturday
Sun Group CFO S L Narayanan's interview.
Former Under-14 world champion and Grandmaster Vidit Gujrathi won the bronze medal in the World Junior Chess Championship after settling for a quick draw with winner Yu Yangyi of China in the 13th and final round that concluded in Kocaeli, Turkey.
Indian airline SpiceJet Ltd said on Thursday that its billionaire owner, Kalanithi Maran has proposed to transfer majority ownership in the ailing carrier to co-founder Ajay Singh.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
Grandmaster Sahaj Grover failed to capitalise on his chances and played out a draw with Iranian Pouya Idani, while Vidit Gujrathi defeated Polish Marcel Kanarek to be jointly third after the eighth round of the World Junior Chess Championship in Kocaeli, Turkey.
Lessors of SpiceJet have in panic taken back some aircraft but if they see fresh investors coming in and taking charge, they are likely to relent and return the planes.
Padmini Rout's unbeaten run was halted by top seed Aleksandra Goryachkina in the eighth round of the LIC World Junior Chess Championships, at the Hotel Hyatt, in Pune, on Tuesday. After a day's rest, the girls' section was dominated by the higher-rated Russians in the fray, with Daria Pustovoitova defeating Anna Iwanow of Poland. Both the Russian girls and Anna Iwanow of Peru jointly lead the girls' section in the 77-player event with 6.5 points each.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.