Ruia, a chartered accountant whose business ranged from sugar to textiles and heavy engineering to tyres, refused to comment on queries about his interest in Air India.
Indian Air Force Group Captain Shubhanshu Shukla, the first Indian to visit the International Space Station, received a hero's welcome in his hometown of Lucknow. Celebrations included family, supporters, a roadshow, and recognition from government officials.
Air India Boeing 787-8 crash in Ahmedabad has brought back all traumatic memories.
Echoing United States President Donald Trump's stance on imposing economic sanctions against countries maintaining trade ties with Russia if Moscow doesn't put an end to the conflict in Ukraine, North Atlantic Treaty Organisaiton (NATO) Secretary General Mark Rutte on Tuesday (local time) urged India, China, and Brazil to reconsider their economic relations with Russia, warning of potential secondary sanctions, reported Reuters.
The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore.
Left to its machinations, the BJP would have loved to cut Nitish down to size, but it can't afford to do so as the JD-U is in alliance with the BJP at the Centre, and cannot form a government on its own in Bihar. For now, both need each other: Nitish for legitimacy, the BJP for numbers, points out Ramesh Menon.
Military officials detail how the Indian Air Force's downing of a Pakistani aircraft at a long distance reflects its air superiority and dealt a psychological blow to the adversary.
While the peacetime stranding of a foreign fighter jet is rare in India, the F-35 -- a military asset of a foreign country with which India has strategic relations -- was being guarded by the Central Industrial Security Force, the agency responsible for security at Indian airports.
Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.
Vistara will operate the last flight under its brand on November 11 and the full-service carrier's operations will be unified with Air India from November 12. The government has given its nod for the foreign direct investment by Singapore Airlines as part of the Air India-Vistara merger. Vistara is a joint venture between Tata Group and Singapore Airlines.
'A few answers for the reason of the crash will be known -- whether it was a technical fault, design issue, human error etc.'
Lightning claims more lives in India annually than any other extreme weather event. Between April and July this year alone, 1,621 people died due to lightning strikes.
Israeli Prime Minister Benjamin Netanyahu says the foundation of India-US relationship is "very solid" and both sides should find common ground to resolve the tariff issue. He also highlighted the strong defense cooperation between India and Israel.
Success has put India in the exclusive and limited club of nations that possess the high-power Laser-DEW.
Air India beat Tata Football Academy 1-0 in the Second Division National Football League.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
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.
Prime Minister Narendra Modi inaugurated Phase 1 of the 19,650 crore (196.50 billion) Navi Mumbai International Airport, marking a major milestone in India's aviation infrastructure. Conceived as the country's largest greenfield airport project, the facility has been developed under the public-private partnership model and will function as the second international airport for the Mumbai Metropolitan Region, easing pressure on the congested Chhatrapati Shivaji Maharaj International Airport. The new airport is expected to significantly improve air connectivity for Mumbai and its adjoining regions, catalyse economic growth in Navi Mumbai and Raigad districts, and serve as a key hub for passenger and cargo traffic in western India.
Raghopur assembly constituency in Bihar prepares for a high-stakes election where voters may be deciding the next chief minister. Tejashwi Yadav, the RJD's CM candidate, seeks a third term, facing a strong challenge from BJP's Satish Kumar.
Anjuli Bhargava's musings on why the national carrier is well beyond a turnaround.
India recognised acts of gallantry by armed forces personnel and senior military officers involved in Operation Sindoor, along with other distinguished service awards, on the eve of the 79th Independence Day.
Insurance companies are processing a surge of claims related to the Air India plane crash in Ahmedabad, including travel, personal accident, and life insurance claims.
Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday.
Paris Olympian Arjun Babuta clinched the silver medal, narrowly missing out on gold, in the men's 10 metres Air Rifle event at the ISSF World Cup in Lima, Peru.
Pakistan responded to what it called 'unprovoked' attacks by Afghan forces in border areas, destroying several Afghan border posts, training camps, and terrorist hideouts, security sources said on Sunday.
India and China have announced a series of measures aimed at improving their relationship, including maintaining peace along the border, reopening border trade, and resuming direct flights.
In his address, Sharif praised US President Donald Trump, saying his "efforts for peace helped avert a ... war in South Asia".
'... when the process isn't transparent, people will naturally raise questions. 'The AAIB's own press release says they had the black boxes by June 16.' 'Why wasn't decoding initiated until the 24th? What were they waiting for?'
India on Tuesday evacuated over 1,100 citizens from Iran and Israel amid ongoing tensions between the two countries, taking the number of evacuees under Operation Sindhu to 3,170.
China displayed a range of new weapons at a military parade, including laser weapons, nuclear ballistic missiles, giant underwater drones, and fifth-generation aircraft.
Air India owns 32 aircraft, and has 37 aircraft on finance lease; Air India Express owns 17 aircraft on finance lease. The aircraft-related debt of Air India is Rs 16,000 crore; it's Rs 1,100 crore for Air India Express.
Probable reasons that led to failure of the sale process include 24 per cent government stake and corresponding rights, high debt, volatile crude oil prices, fluctuations in exchange rate, changes in macro environment, profitability track record of bidders and restriction on bidding by individuals.
India's Foreign Secretary Vikram Misri said on Thursday that the choice of de-escalation is with Pakistan, as India only responded to the April 22 Pahalgam terror attack, which killed 26 people. He added that Pakistan has been escalating the situation with cross-border terrorism against India for decades.
"Heartbroken by the loss of Shri @RNTata2000 Ji, whose visionary leadership not only transformed India's industry but also played a pivotal role in shaping our aviation sector," Naidu said in a post on X.
The Delhi police Special Cell has busted a terror module with links to Pakistan and arrested five suspected operatives after raids across multiple states, an official said on Thursday.
Air India and Madhya Pradesh stormed into the quarterf-inals of the 2nd Senior Men's National hockey championship after thrashing Nagaland 16-0 and Rajasthan 11-0, respectively, in Bangalore on Tuesday.
The man was reissued the ticket and allowed to board the flight once the airline staff at the Jaipur airport realised that he is not the comedian who is on the no-fly list of four airlines, including Air India.
The last date to submit bids is March 17 but the deadline could be extended if there are requests from potential bidders.
According to authorities, the group is suspected to be operating together as part of an international in-flight theft racket.
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