According to the revised plan, promoter Naresh Goyal, his wife Anita Goyal and the directors nominated by the promoter would be asked to step down from the board, and the lenders, as part of the resolution process, will infuse around Rs 1,200 crore into the airline as emergency funding.
Jacob Martin slammed an unbeaten knock of 242 as Baroda cruised to a mammoth 562 for seven against Uttar Pradesh
The fast bowler recently resumed playing at domestic level but could not convince the selectors he was fit.
The Pakistan Cricket Board will reprimand its chief selector for an outburst against English umpire David Shepherd.
The PCB has also asked the ICC for a review of all umpiring decisions in the triangular series series in Australia.
Pakistan have called on the International Cricket Council (ICC) to introduce neutral umpires for one-day internationals.
A Pakistani court hearing the case of seven men, including LeT commander Zakiur Rehman Lakhvi, charged with involvement in the Mumbai attacks has adjourned the hearing for six weeks, a defence lawyer said on Monday.
Opposition leader Imran Khan and cleric Tahirul Qadri were on Friday declared absconders by a Pakistani anti-terrorism court for their alleged involvement in attacking a senior police officer during anti-government protests at the state-run Pakistan Television headquarters.
The Election Commission on Sunday called on President Pranab Mukherjee and handed over the list of 543 newly-elected members of Lok Sabha that will enable him initiate the formal process of new government formation.
Uttar Pradesh chasing a target of 232 ended the day on 59 for one after bowling out Maharashtra for 119 in the second innings.
The former Pakistan captain declared his team's innings at 40 for 4 and conceded the domestic match saying the pitch was too dangerous.
Following-on, UP finished the day on 157 for eight and succeeded in denying Tamil Nadu an outright win in the Ranji Trophy match.
Punjab were 221 for 7 in reply to Uttar Pradesh's first innings total of 269, on day 2 of the Ranji Trophy match.
As of now, political advertisements are barred in electronic media, including TV, radio and social media platforms.
'Some kids in school want to be friends only because I am an actress,' Ashnoor Kaur tells Rajul Hegde/ Rediff.com
Pakistan pace bowler Umar Gul has been ruled out for at least the next six months following the diagnosis of three stress fractures in his back, a Pakistan Cricket Board (PCB) official said on Thursday.
Mumbai attacks mastermind Zakiur Rehman Lakhvi, whose detention under a public security order was suspended by a Pakistani court, submitted his Rs 1 million (Around Rs 6.2 lakh) surety bond on Monday and is likely to be released anytime now.
Ahmed, 27, a student of School of Biotechnology at Jawaharlal Nehru University went missing on October 15 following an on-campus scuffle allegedly with members of ABVP.
Election Commissioner V S Sampath announced that Delhi will go to polls on February 7.
The government is learnt to have described the Union Budget as an annual constitutional exercise covering the entire country and not just a few states.
There is also scope for buyers to negotiate for discounts.
Hafiz Saeed's counsel said the "controversial" movie contains "malicious and filthy" propaganda against the Jamaat-ud-Dawa in general and Hafiz Saeed in particular.
Chief Election Commissioner Nasim Zaidi has written to Cabinet Secretary P K Sinha who is likely to consult the parliamentary affairs ministry before framing his response on the government's plans to advance the budget presentation to February 1, sources said.
Azad said electoral laws make it clear that the ruling party should have no advantage during elections and both the Opposition and the ruling side should be on an equal footing.
The counting for all five states will be held on March 11.
The judge of the anti-terrorism court conducting the trial of seven Pakistani suspects charged with involvement in the 2008 Mumbai attacks was changed for the seventh time on Wednesday, with the current incumbent transferred to another court.
Asserting that there was no split in the party, All India Anna Dravida Munnetra Kazhagam leader from Sasikala camp M Thambidurai on Thursday requested the Election Commission "not to entertain" the dissenting cadres, who have staked claim to AIADMK symbol and sought fresh election to the general secretary's post.
The Travel Photographer of The Year Awards winners have been chosen and they're a stunning selection celebrating the beauty of our planet and all its inhabitants. Photographers from 142 countries submitted over 20,000 jaw-dropping pictures that were shot on everything from high-end professional cameras to mobile phones, in categories including 'faces, people, cultures'; the natural world and the beauty of light. The winning images can be seen at the TPOTY exhibition, which is free, and will be on show at LondonBridgeCity next Spring. Rediff.com was kindly granted permission to publish 25 of the 150 winning and shortlisted images. Scroll down to see our picks of the bunch.
The inking of the commercial contract to build and run the strategic port will help India win access to Afghanistan, Russia and Europe
Given Modi's penchant for springing a surprise, the BJP nominee for next President could be anyone. The only thing certain is that it will be an RSS person, reports R Rajagopalan.
Irked by his "bribe remarks" made at a poll rally on Sunday, Congress has moved the Election Commission against AAP convener Arvind Kejriwal demanding action against him.
'No country or society ever prospered or remained secure by marginalising more than one-sixth of its own,' warns Shekhar Gupta.
The Election Commission is mulling a proposal to increase the polling hours during the upcoming Lok Sabha polls in light of a jump in the cumulative number of voters in the country and the trend of bigger turnout at recent elections.
The Election Commission has cancelled polls to two Tamil Nadu assembly seats, saying money power has vitiated electoral process.
The two notices, which have listed virtually similar wordings, say that prima facie the manifestos of the two parties 'have not substantially fulfilled the guidelines of the Commission'.
There is so much goodness in Garm Hava, says Aseem Chhabra/ Rediff.com
Former Rashtriya Janata Dal leader and Madhepura MP Rajesh Ranjan alias Pappu Yadav on Sunday announced the formation of Jan Karanti Adhikar Morcha aimed at providing a "strong third option" to Bihar voters.
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