"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.
'We should have seen these signals and reacted earlier.' 'We miss out on a certain strategic advantage by arriving late on the scene.'
'We are going to have plane crashes left, right and centre.'
Surjewala said shocking revelations have brought out lies of Sitharaman about the award of Rs 30,000 crore 'defence offset contract' to Reliance Defence as part of this deal.
Lauding the contribution of non-resident Indians in the development of the country, he said, 'Mahatma Gandhi, Sardar Patel, B R Ambedkar, Jawaharlal Nehru were all NRIs. They travelled the world and helped India with new perspectives.'
The United States has announced the end of its 20-year-old war in Afghanistan as the last American military flight flew out of the Hamid Karzai International Airport in Kabul shortly before the August 31 deadline.
'The INS Vishal -- a 65,000 tonne giant with 54 aircraft, including fighters, electronic warfare aircraft, airborne command posts and anti-submarine helicopters -- can both protect and dominate,' says Ajai Shukla.
India has always provided very strong support to minority communities in Afghanistan, particularly Sikhs and Hindus, and it is an important part of New Delhi's effort to evacuate those Afghan nationals who want to leave the war-ravaged country, Foreign Secretary Harsh Vardhan Shringla has said.
The first hurdle is how long Jet Airways can enjoy rights over its parking slots at various airports.
A SpiceJet aircraft had booked a charter flight by a Madurai-based private person for the mid-air marriage ceremony but authorities were not informed regarding the marriage on board.
China hiked its annual defence budget by 7.1 per cent.
During a fresh round of talks with North-East Democratic Alliance (NEDA) convenor Himanta Biswa Sarma earlier in the day, the NPP leaders stuck to their demand for change in the leadership of the BJP-led coalition government, they said.
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
The Madras high court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the high court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the high court as the liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co v Madhu Woollen Industries (P) Ltd, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," Justice R Subramanian said in his order on Monday and directed the private carrier be wound up and the official liquidator take over its assets.
Due to the coronavirus pandemic, in-flight meal service was not permitted on domestic flights since their resumption on May 25. On international flights, only pre-packed cold meals and snacks were being served depending on the flight duration since May this year.
The case relates to alleged violation of norms by directors of the aviation company for relaxation of 5/20 rules to get licenses for international operations
Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs.
The Tatas are rather overwhelmed with some facets of the airline they have discovered, but even more unnerved by what they may not have yet uncovered, reveals Anjuli Bhargava.
J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.
'What kind of insensitivity does it take to get taxpayers to cough up for an aircraft costing a few billion for your personal use, at a time when the country you head is in so much trouble?' asks Sherna Gandhy.
While we seem to want soldiers on short-term engagement, warfare itself is getting more technical and needs skilled manpower. The world has seen the dismal performance of armies that rely on short tour of duty soldiers or have outsourced war to 'contractors' in Afghanistan and now in Ukraine, points out Colonel Anil A Athale (retd).
'I will be happy when Indians will get to see a plane made by an Indian taking to the skies.'
What is being exposed is we have no real doctrine and no idea how to deal with the world, asserts Aakar Patel.
The ICHR, an autonomous body under the ministry of education, has been running a series of lectures and seminars on the theme of the Independence struggle under the 'Azadi ka Amrit Mahotsav' celebration.
The fleet of 40 Sukhoi jet will undergo structural modifications at the state-run aerospace major Hindustan Aeronautics Ltd for integration of the missile on them.
A US RC-135S reconnaissance aircraft on Wednesday flew near the ongoing Chinese People's Liberation Army (PLA) drills in the South China Sea, a day after another US spy plane, a U-2, trespassed into another PLA exercise restricted zone, state-run Global Times reported.
As and when Jet Airways applies for slots, these would be allocated among all airlines according to guidelines, without any claim of historicity in favour of any airline. Slots would be given to Jet only from the available remaining pool.
'Air Superiority that we held from the Second Day of Operation 'Cactus Lily' helped our Armed Forces to speed up operation 'Jackpot' to seize East Pakistan and force Gen Niazi and the Pakistani Army to lay down their arms on 16 December.'
The Indian Air Force will induct the indigenous HTT 40 basic trainers in "large numbers", which will boost the domestic capability although it was earlier keen for a Swiss aircraft.
We salute the Mi-8 today on the occasion of the 32nd anniversary of Operation Cactus. Through its glorious service career, the Mi-8 left an indelible mark on the future by providing the IAF with a lineage of professional helicopter aircrew, says Air Commodore Nitin Sathe (retd).
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
The passenger Gurpreet Singh was handed over to the local police who are probing the incident.
The pressure on Delhi mellowed Lucknow's ruling dispensation's initial enthusiasm to try and draw electoral mileage from the developments in Afghanistan.
The plea also seeks details of comparative prices during UPA and NDA rule.
There were nearly 4,000 cabin crew with Jet when the airline was grounded; every fifth remains without a job to date. One cabin crew member with 10 years of experience has been forced to take up a teaching job; some have branched out into small businesses. Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since.
Minister of State for Defence Subhash Bhamre said the cost of each Rafale aircraft is approximately Rs 670 crore.
Internal strife and tribalism is endemic to Afghanistan, notes Colonel Anil A Athale (retd).
The first set of routes that it will launch internationally will be the routes that can be flown by its existing aircraft, the A320s, which will be routes within three, three-and-a-half hours of India
President Biden underscored that the United States will 'continue to stand up for its interests and values and, together with our allies and partners, ensure the rules of the road for the 21st century advance an international system that is free, open, and fair', the White House said in a readout of the meeting.
The Congress has accused the BJP of hatching a conspiracy to topple the party's coalition government with the Janata Dal-Secular in Karnataka.
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