The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.
In February 2013, the airline under the then chairman Rohit Nandan decided to shift its base to New Delhi.
Go once. You will know, even before you board the flight home, that you will return.
The Maharashtra government has become the owner of iconic Air India building with the Union government approving transfer of the asset on Thursday. The Maharashtra government bought the Air India building at Nariman Point in Mumbai for Rs 1,601 crore. "GoI has approved transfer of Air India building, Mumbai of AI Assets Holding Company Ltd (AIAHL) to Government of Maharashtra (GoM) at consideration of Rs.1601 cr. GoM has agreed to waive dues of Rs. 298.42 cr, which would have been otherwise payable by AIAHL to GoM for this transaction," DIPAM secretary Tuhin Kanta Pandey said in a post on X.
When I planned my 27th birthday trip to Kerala, I had a very clear vision in mind. There would be beaches. There would be the backwaters. There would be long boat rides, cute cafs and perhaps a fancy dinner overlooking the water. What I did not anticipate was celebrating my birthday with Lionel Messi.
Teenager Vaibhav Sooryavanshi's much-anticipated India debut ends with 14 off 10 balls as Tilak Varma's explosive final over lifts India to 190/7 against England in the second T20I at Old Trafford.
Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for Rs 1,601 crore. The decision was taken at a meeting of the state cabinet in Mumbai. The meeting, chaired by Chief Minister Eknath Shinde, also decided to waive off around Rs 250 crore unrealised income and interest on the property, an official said.
India's first escalator, its shortest elevator, a terror attack, a rescue operation -- the building's seen a lot.
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April Fools' Day has amused pranksters for centuries, though no one can quite pin down where it truly began.
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Air India vacates posh Berkeley Square space, will it leave Nariman Point?
Accused's greatest lure is its queer couple at the centre of storm but by sidestepping their camaraderie for polite affection, the drama does itself immense disservice, observes Sukanya Verma.
Stay somewhere that's as memorable as your destination, and India's got plenty of surprises!
With over Rs 55,000 crore debt, Air India management has been trying to pare burden by monetising non-core real estate properties.
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Here is a look at the sequence of events leading to the deadly crash:
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Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.
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Paris Olympics hero P R Sreejesh made a stylish statement on Sunday.
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