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.
In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by "destructive competition". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies. In 1994, Tata, along with Singapore Airlines, had plans to launch a joint venture (JV) airline in India.
From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.
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.
The proposed reforms in goods and services tax (GST) announced by the government last week, coupled with the eighth pay commission dole-out, is likely to push consumption-driven stocks - such as air conditioners (ACs), select automobiles, fast-moving consumer goods (FMCG), retail, and counters of quick-service restaurants (QSRs) - into higher orbit over the next few months, believe analysts.
The Directors General of Military Operations of India and Pakistan firmed up the arrangement on stopping military actions on May 10 after four days of fierce offensives between the two sides that triggered fears of a wider conflict.
The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.
The move follows the recent probe report by the United States National Transportation Safety Board (NTSB) that highlighted safety concerns involving Boeing 737 aircraft equipped with Collins Aerospace SVO-730 Rudder Rollout Guidance Actuators.
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.
Anjuli Bhargava's musings on why the national carrier is well beyond a turnaround.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
The Tata group may have to deploy upwards of $1 billion to improve the airline's passenger reservation system, upgrade and refurbish Air India's fleet, primarily the wide-body aircraft which are the mainstay for the airline's international operations, people in the know said. While the group has not yet decided on how it intends to integrate Air India with its existing airlines AirAsia India and Vistara, sources said the first task will be to refinance Air India's existing loans, upgrade its aircraft gradually, and rewrite multiple business contracts with vendors and suppliers. "They will have to do 100 things to stabilise the airline and will have to put in a lot of money," DIPAM secretary Tuhin Kanta Pandey said, confirming that many aircraft are grounded.
The reality is that far from being friendless, India is better positioned in the world than at any point post-Cold War, asserts Shekhar Gupta.
Amit Shah seemingly encouraging AIADMK dissident Sengottaiyan after party boss Edappadi K Palaniswami had removed his one-time mentor from all party posts has not gone down well with party cadres. They are now ready to buy Team EPS' theory that the BJP and Amit Shah are out to liquidate the AIADMK, points out N Sathiya Moorthy.
'Whenever India bowls, Reiffel feels it's not out. Whenever India bats, he feels it's out.'
Joe Root was at the center of an unexpected on-field spat with India's Prasidh Krishna, as tempers flared during a high-stakes second day at The Oval.
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake.
"A passenger, who had a COVID-positive certificate dated September 2, travelled on Air India Express' Jaipur-Dubai flight on September 4. A similar incident had happened with a passenger on one of the airline's other Dubai flights previously," said one of the officials.
Two 'very smart' leaders of India and Pakistan decided to end last month's conflict that could have turned into a nuclear war, United States President Donald Trump said after holding a rare luncheon meeting with Pakistan army chief Field Marshal Asim Munir at the White House.
According to preliminary information memorandum, Air India's new owner will be asked to list the company in some time
Karnataka Governor Thaawarchand Gehlot was on Thursday denied boarding on an Air India subsidiary AIX Connect flight over alleged 'delay' in reporting.
Tharoor also showed the picture of Pakistani Army officials attending the funerals of terrorists after India's strike on their terror bases.
A total of 17 pilots of Air India, IndiGo and Vistara died due to COVID-19 in May when the country saw the peak of the coronavirus pandemic's second wave, sources said on Thursday.
India needs to be technologically and militarily prepared to defend itself from both Pakistan and China, alerts Ramesh Menon.
Amid continuing uncertainty over the fate of the national carrier, an official said there is also need for funds to restart operations of 12 grounded narrow-body planes.
Bangladesh's Chief Adviser Muhammad Yunus announced that the next general election will be held in February 2026, marking the first anniversary of the 'July Uprising'.
Indian shooting's latest golden girl Suruchi Singh dominated a quality field to win her third straight individual ISSF World Cup gold medal with her triumph in the women's 10m air pistol final, in Munich on Friday.
The move will help to reduce Air India's distribution cost by 60 per cent
Praying for those affected by the aircraft accident in Kozhikode, said Indian cricket team captain Virat Kohli
He went on to say that even though this has not been discussed, he is going to 'increase trade substantially with both of these great Nations.'
rediffGURU Patrick D'souza helps you pick the right management course and business college.
Astronaut Shubhanshu Shukla returns to Earth after an 18-day mission aboard the International Space Station, marking a significant milestone for India's space program and carrying out crucial scientific experiments.
India has secured international support in its fight against terrorism, with Russia, Japan, and the United Arab Emirates expressing solidarity and a commitment to working together to combat the threat. This follows a recent terrorist attack in Pahalgam, India, which claimed 26 lives. Multi-party parliamentary delegations from India briefed the leaderships of these countries on Operation Sindoor, India's response to the attack, and discussed ways to enhance cooperation in counter-terrorism and combating radicalism. These developments highlight the growing global consensus against terrorism and the importance of international collaboration to address this shared challenge.
Sources in the know said the government would initiate talks with businesses, including Tatas, shortly for divesting its stake in the national carrier.
The Tatas have collectively increased their aggregate airlines seat capacity across domestic and international markets by an impressive 20 per cent, going from 64.03 million in calendar year (CY) 2023 to 76.72 million in the current CY, according to data shared by the group that controls Air India in which Vistara has been merged recently. The Tatas also run Air India Express in which Air Asia India has been merged.
No-frills carrier IndiGo has expressed interest to buy Air India
British Airways, Lufthansa, Etihad and Singapore Airlines are scouting for an Indian partner that meets the net worth criterion
Falling jet fuel prices and a revival in domestic traffic growth offer the new CMD a once in a lifetime opportunity.
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