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.
'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.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
Newly appointed India head coach Khalid Jamil on Sunday cleared the air about the leaving out of talismanic striker Sunil Chhetri from the CAFA Nations Cup national camp, saying it was just a preparatory tournament for the crucial Asian Cup qualifying round matches in October.
Former Indian cricket stars Suresh Raina, RP Singh, and Anil Kumble share hilarious and heartwarming stories in 'Cheeky Singles' on JioHotstar.
'In 50 seconds, the pilots were fighting drag, trying relight, throttling up and avoiding obstacles.' 'They had neither height nor speed. There was no margin.'
Indian players mourn Ahmedabad airplane crash victims before intra-squad match
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
T20 Mumbai final: Teams observe minute's silence, wear black armbands for Ahmedabad crash victims
BCCI vice president Rajeev Shukla has reiterated that the resumption of bilateral cricket between India and Pakistan is contingent upon the Indian government's approval.
'Please accept our apologies for the inconvenience caused,' the airline added.
Most pitch curators are possessive about the main square on a cricket field but Lee Fortis, the chief curator at The Oval, takes that obsession to a sacrosanct level.
The AH-64 Apache is one of the world's most advanced multi-role combat helicopters and is flown by the US Army.
The always dependable Pratik Gandhi finds a match in Sunny Hinduja and they are surrounded by a top notch supporting cast, observes Deepa Gahlot.
Air India scored a stunning 2-0 victory over Dempo Sports Club to hand the favourites and former champions their third successive defeat in a tenth round I-League clash at the Nehru Stadium, Fatorda, in Goa.
Indian army chief General Upendra Dwivedi on Saturday said that the surgical strikes carried out during Operation Sindoor were a clear message to Pakistan that supporters of terrorism will not be spared.
'Pakistan is no longer a front-burner issue for America.'
Aishwary Pratap Singh Tomar dished out a dominant show to win the gold medal in the men's 50m rifle 3 positions competition at the Asian Shooting Championship.
'My son looks a little depressed, but that is bound to happen.'
Interacting with the Indian diaspora in Kuala Lumpur, Banerjee said, "We have been in talks with them (Pakistan) for decades, despite changes in various paradigms and governments. But one thing remains constant, the conflict with Pakistan."
The United States has described as "discriminatory and restrictive" the Indian government not allowing American carriers operate chartered flights on Indo-US routes even though Air India was doing so under the Vande Bharat Mission.
Vijay Rupani was among 242 persons on board a London-bound Air India flight that crashed into a building of a medical college and hostel in the Meghaninagar area moments after taking off from the Sardar Vallabhbhai Patel International Airport on Thursday afternoon.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
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 bench, which wanted the Civil Aviation Ministry to think over the various issues plaguing the national carrier, also said other area of concern was the priority given to private airlines with Air India aircraft being asked to hover around during the peak landing hours causing huge loss of money on fuel.
India on Thursday night swiftly foiled Pakistan's attempts to hit various key Indian installations including military stations at Jammu, Pathankot and Udhampur with drones and missiles, the defence ministry said.
According to airline sources, the software, which is of Atlanta-based SITA company, was not functioning approximately from 3 am to 9 am on Saturday. Consequently, boarding passes could not be issued at major airports across the world and various flights were delayed.
Pixxel has raised $95 million in funding and with the company's commercial Firefly satellites up in orbit selling data globally 'we know and seen what it takes to make this business work.'
Stunning 1-2 finish for India after Shambhavi, Ojasvi's keen tussle
However, the government is still in the process of identifying which subsidiaries of Air India should be offered separately.
From the Sensex firms, Tata Motors, Titan, Eternal, Power Grid, Tata Steel, Larsen & Toubro, Mahindra & Mahindra and Hindustan Unilever were among the biggest laggards. Bajaj Finserv, Asian Paints and Tech Mahindra were the gainers.
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.
'Militants are taking over the administration. Fundamentalists have been released from jail.'
Twenty-six foreign leaders, including Vladimir Putin and Kim Jong Un, will attend China's V-Day commemorations on September 3. Japan has expressed concerns about the event's anti-Japanese overtones.
Sun Pharma, NTPC, Maruti, Bharti Airtel, Trent and Axis Bank were also among the gainers. However, Tata Motors, Power Grid, Eternal, Bajaj Finserv and Hindustan Unilever were among the laggards.
Bhaichung Bhutia struck a brace to help Mohun Bagan beat Air India 2-0 and earn their maiden win in the I-League.
Ending a seven-year-long wait, the Star Alliance Chief Executive Board, at its meeting in London on Monday, gave an endorsement vote to induct Air India into the fold.
'I am worried that Pakistan will still feel compelled to take substantive military action beyond this apparent drone activity.' 'If so, the crisis could persist for a while more and dangerous days are still ahead.'
Meanwhile, a precautionary blackout has been enforfced in the multiple areas amid the esclating tensions between India and Pakistan.
Thousands of tourists have begun leaving Kashmir after a terror attack in Pahalgam killed 26 people, prompting authorities to arrange for their safe return. Chief Minister Omar Abdullah expressed concern over the exodus, while the Civil Aviation Ministry has ordered airlines to ensure there are no fare hikes and to offer extra flights from Srinagar. While many tourists are leaving, some are choosing to stay, citing the presence of security forces and their feeling of safety.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances