The government is planning to draft rules for the National Company Law Tribunal (NCLT) to deal with Insolvency and Bankruptcy (IBC) cases, according to official sources. The Ministry of Corporate Affairs (MCA) is also looking to fill all vacant posts at various NCLT Benches by August and put in place an IT-enabled system that would use artificial intelligence (AI) for case management. The NCLT, adjudicating authority for matters related to company affairs, was constituted before the IBC came into effect.
A passenger on board the Delhi-Mumbai flight told ANI that the flight AI-805 was delayed from its original schedule of 8 pm to 10.40 pm first then 11.35 pm then 12.30 am and then finally it took off at 1.48 am from Terminal 3 of the airport in Delhi.
An Air India Boeing 777 flight carrying 313 people on board returned to Newark airport in New Jersey, US, soon after take off following a bird hit that damaged its left engine.
New-age tech tools and 'mystery shoppers' are helping the country's top bourse stay ahead of the curve against dabba trading platforms and entities dolling out unsolicited investment tips. In the past one month, the National Stock Exchange (NSE) has issued close to two dozen warnings and advisories against such activities. "We saw a rise of dabba trading or illegal trading platforms after the pandemic.
More than 70 per cent of Indian youth aged between 15 and 29 can't!
Earlier in an op-ed in The Washington Post, Schumer said the democratic international order must stand strong to confront the rise of the Chinese Communist Party.
The ship, which departed from Long Beach, Calif., Sunday on a seven-day voyage to the Mexican Riviera, was about 200 miles south of San Diego when a fire ignited in the engine room, cutting off power, telephone service and air conditioning.
Captain Sathe was a former Indian Air Force Test pilot. He was commissioned into service in 1981 and served in the force for 22 years.
An Air India flight to Bhubaneswar from here was delayed by nearly eight hours allegedly due to some "VIPs" forcing the government-owned carrier to reassign the aircraft and its crew for Bhopal, a charge denied by the airline.
The mortal remains of co-pilot Akhilesh Kumar were cremated on Sunday "with attendance from all family members as well as with the officials of Air India and Air India Express present to mark respect to the departed soul at Mathura, his hometown".
Fund managers often find themselves selling bonds at prices below their fair value to meet redemption demands. Investors are the ultimate losers in this. CDMDF aims to remedy this by stepping in and purchasing securities at their fair value in such times.
'The end of WFH has made achieving work-life integration more challenging for women.'
The Shiv Sena leader also said that he went out to watch 'Badrinath ki Dulhaniya' - on Thursday night to "relax" himself after the incident.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
Cheating poses an existential challenge to chess. It's hard to know how it will be mitigated, but it must be, if chess is to continue being a legitimate sport, asserts Devangshu Datta.
India's largest IT services player Tata Consultancy Services (TCS) saw its $2 billion, 10-year deal with Transamerica Life Insurance Company come to an end even before the period was over. Transamerica is the subsidiary of American arm of Dutch insurer Aegon NV. This is not the first time such a long-term deal has been called off. Earlier this year, UK's National Employment Savings Trust (NEST), ended a $1.8-billion deal with French IT services player Atos.
The flight, carrying 216 passengers and 16 crew, landed safely, the Tata Group-owned private carrier said in a statement Tuesday evening.
The tax authorities may tell banks and crypto exchanges to report transactions of virtual digital assets (VDAs) as the government begins taxing gains from cryptocurrencies and non-fungible tokens from April 1. So far, the tax department has relied on voluntary disclosures on transactions of VDAs. Once implemented, the sale and purchase of digital assets will reflect in the Annual Information Statement (AIS). The AIS contains details of at least 46 of the financial transactions done by a taxpayer in a financial year.
The flight was scheduled to depart at 1.45 pm but due to the non-availability of the pilot it could take off only at 2.30 pm.
In an advisory, DGCA said there are provisions under the civil aviation requirement for action to be taken by the airline to deal with unruly passengers.
"All efforts are being made to help passengers. A formal enquiry will be conducted by Aircraft Accident Investigation Bureau," the minister said on Twitter.
Robots and artificial intelligence machines may find their way to the corporate board rooms in the next ten years
An Air India aircraft, with 168 people on board, suffered a tyre burst on landing at the airport in Jaipur on Sunday night after being diverted from Delhi due to bad weather.
All passengers were evacuated safely via slides.
The first plane -- Air India's jumbo B747 aircraft carrying 211 students, 110 working professionals and three minors-- reached Delhi around 7.30 am and another flight of the airline would leave the national capital for the Chinese city in the afternoon.
In an internal communication to airlines' employees, he reflected on the urinating incident to say that "the repulsion felt by the affected passenger is totally understandable and we share her distress.
In a security scare, a dummy stun-grenade was on Saturday found on board an Air India jumbo plane as it landed at Jeddah in the wee hours, which the airline attempted to downplay but was rebuffed by Civil Aviation Minister Ashok Gajapathi Raju who called it a "failure".
They described the functioning of the interlocking system which prima facie seemed to have been part of the problem which led to the accident, in which at least 275 people were killed.
Counter-hijack operations force National Security Guard has submitted a report to the union home ministry giving details of the sequence of events that led to the surprise recovery of a dummy stun-grenade on-board an Air India plane when it landed at Jeddah few days back.
In recent times, there have been various incidents of unruly passengers onboard domestic and international flights.
Telecom regulator Trai on Monday said that it is working on various technologies to detect pesky calls and messages along with a joint action plan with other regulators to curb financial frauds. The Telecom Regulatory Authority of India (Trai) said that Unsolicited Commercial Communication (UCC) or pesky communication is a major source of inconvenience to the public and impinges on the privacy of individuals. "Now complaints are reported against Unregistered Telemarketers (UTMs), where a surge has been seen in pushing various kinds of UCC SMSes. Additionally, UCC calls are also one of the concerns which need to be dealt with equally along with UCC SMSes," it said.
The Air India board has cleared a proposal for sending its pilots on deputation to its budget arm, Air India Express, which has been facing shortage of commanders for some time now.
Aviation regulator DGCA on Tuesday said it has imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid tickets and thereafter not providing the mandatory compensation to them.
Companies don't have to be in the field to nudge people to return money they owe lenders.
'It was beautifully played by an American band.'
Tata Group-owned Air India CEO Campbell Wilson on Saturday apologised for a flyer urinating on a fellow female passenger on a flight from New York in November, and said four cabin crew and a pilot have been de-rostered and the airline is reviewing policy of serving alcohol on flights.
'Airports must look at their maximum capacity to handle passengers.'
According to e-mails accessed by ANI, the Air India cabin crew supervisor had reportedly sent out emails on November 27 at around 1 pm to the head of the Inflight Service Department (IFSD), base operations in India, Lead HR head of IFSD, and head of the northern region of IFSD and of complaints (customer care), informing them about the incident.
It was during his tenure that Air India made its first operating profit of Rs 105 crore in FY17 since the merger of Indian Airlines and Air India in 2007.
The Unique Identification Authority of India (UIDAI) is looking to collaborate with foreign countries and international organisations to build digital identity systems across the world, a top official said on Friday. UIDAI CEO Saurabh Garg during a panel discussion with Paytm founder Vijay Shekhar Sharma at the Infinity Forum said the authority is also exploring emerging technology to enhance security and increase the number of transactions that can be done by using Aadhaar. "We think going forward we will be happy to collaborate with other nations...We would like to collaborate with international organisations also in building international institutions for standards for national identity.