'The E20 usage accrues the huge benefit to the nation, to the society, to the farmer, to the environment, to the exchequer and all of us'
The Director Generals of Military Operations (DGMOs) of India and Pakistan on Monday deliberated on various aspects of the May 10 understanding reached between the two sides on cessation of hostilities.
As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.
Existing norms mandate 2/3rd of members of an airline's board must comprise Indian nationals
The Indian military also acknowledged suffering some losses but declined to provide the details as the operations are going on.
The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.
They were asked to wait for 72 hours, but the deadline passed on Sunday and the wait seems endless.
While Bhasin will be getting provident fund money and gratuity, he would not be getting leave encashment for 420 days, medical reimbursement for himself and wife, free passes for himself and wife, and holiday home facilities.
The average number of flights the Air India group, including subsidiaries Alliance Air and Air India Express, operates daily is 674.
The senior pilot was suspended in May last year after being found guilty of sexual harassment by an internal committee of the airline. The committee imposed a 'major penalty' on Captain Sachin Gupta, who has now appealed to the next authority against the punishment.
If the idea of LWP scheme is to only weed out around 600 employees and subsequently save the carrier Rs 10 crore a month, the management could have easily laid off the retired employees, who had an advantage over others by dint of having 'connections' internally and in the corridors of the ministry of civil aviation, say Air India staff.
Following a significant power outage, operations at the London Heathrow (LHR) have been suspended till 2359 hours (local time) on March 21 (05.30 am March 22, IST).
The Air India board has decided to reduce by 50 per cent the productivity-linked incentives or flying allowance payable to its employees.
Trump stated that Russia will face "severe economic consequences" if Putin doesn't show interest in de-escalating the Ukraine conflict.
The Director General of Air Operations said "whatever methods and whatever means we have chosen, it had the desired effects on the enemy targets",
The ministry of external affairs said the official has been given 24 hours to leave the country.
India's precision strikes using an array of weapon systems and missiles on eight key installations ranging from air defence systems to radar sites and command centres of the Pakistani military forced Islamabad to urge New Delhi to end the hostilities, the sources said.
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
In a letter to Air India Chairman and Managing Director Rajiv Bansal, the ICPA said, "In the press conference by Honourable Minister Shri Hardeep Singh Puri dated 16th July 2020, you had stated 'we are in negotiation with the pilots', which is far from reality." "It was not a negotiation, but the 'diktat' of the MoCA (ministry of civil aviation) which was conveyed to us. We would also like to place on record that the so-called negotiation was 'not harmonious' in any aspect," the Indian Commercial Pilots' Association (ICPA) noted.
The CMD thinks the carrier will be back in the black next fiscal; his colleagues can't understand how.
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
$3.6 billion worth of aircraft - by today's prices - are lying idle or are in hangers due to poor maintenance and management
The Indian Army's broader reorganisation is inevitable as India's military doctrine adapts to the demands of the modern battlefield.
A 1985-batch Karnataka cadre officer, Kharola would be steering the national airline at a time when the government has started the process for its strategic divestment.
Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.
'One good outcome of Operation Sindoor -- perhaps, its best outcome -- could be that India has resumed meaningful contact directly with Pakistan at the military-to-military level,' observes Ambassador M K Bhadrakumar.
The move will help to reduce Air India's distribution cost by 60 per cent
Anjuli Bhargava's musings on why the national carrier is well beyond a turnaround.
The Congress party has accused the Modi government of a 'deny, distract, lie, and justify' (DDLJ) policy regarding China, alleging territorial setbacks and misplaced economic priorities.
India has accused Pakistan of breaching an understanding reached earlier on Saturday to stop military actions. Foreign Secretary Vikram Misri said there have been repeated violations of the understanding since the evening, and that the Indian armed forces are giving an appropriate response.
'With a military-led strategy to counter terrorism emanating from Pakistan, India has clearly signalled that it would respond decisively to future terrorist threats.'
Ilker Ayci has declined the Tata Group's offer to be the chief executive officer (CEO) and managing director of Air India, aviation industry sources said on Tuesday. On February 14, Tata Sons had announced the appointment of Ayci, former chairman of Turkish Airlines, as the CEO and MD of Air India. RSS-affiliate Swadeshi Jagran Manch had last Friday said the government should not give clearance to the appointment of Ilker Ayci "keeping in view national security".
"We have not hit Kirana hills, whatever is there," Director General of Air Operations Air Marshal AK Bharti said at a media briefing on Operation Sindoor.
Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.
'The defence forces have come up with certain problems they face in the drone space.' 'Recently we had a meeting at which they presented the problems to many of our start-ups and faculty.' 'Some of the start-ups have started working on the problems.'
The ministry of external affairs also seemed to reject Trump's forceful comments that Washington brokered the understanding between India and Pakistan on ending their four-day military conflict.
The EoI and the share purchase agreement would be issued in January itself for the bidders. While Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.
The Air India and Indian Airlines combine, wearing the new Air India brand and livery, is set to give a snazzy new look for its cabin crew.
Pakistan on Tuesday increased its defence budget by 20 per cent, allocating PRs. 2,550 billion ($9 billion) for the fiscal year 2025-26, amid tensions with India.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances