News for 'Airlines House'

US: Intruder boards military plane at Air Force One base

US: Intruder boards military plane at Air Force One base

Rediff.com6 Feb 2021

After gaining access to the airfield, the unarmed intruder then entered a C-40 aircraft from the 89th Airlift Wing, known as the "presidential wing," officials said.

From couches, jet to bathrobe, Mallya's assets up for grabs!

From couches, jet to bathrobe, Mallya's assets up for grabs!

Rediff.com1 Aug 2016

For almost all the properties owned by Vijay Mallya, the reserve price has been marked down after the earlier attempts failed to attract bidders.

Modi kicks off Jewar airport phase one at cost of Rs 10,050 cr

Modi kicks off Jewar airport phase one at cost of Rs 10,050 cr

Rediff.com25 Nov 2021

Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.

Biden reimposes ban on flyers from Europe, adds South Africa to list

Biden reimposes ban on flyers from Europe, adds South Africa to list

Rediff.com26 Jan 2021

The State Department said US citizens should reconsider non-essential travel abroad. Those that must travel abroad following the implementation of this order should carefully consider the strict implementation of the travel restrictions.

As Jet grounds flights, 20,000 employees are staring at uncertain future

As Jet grounds flights, 20,000 employees are staring at uncertain future

Rediff.com18 Apr 2019

The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.

Banks to auction Kingfisher, 'Fly the Good Times' trademarks

Banks to auction Kingfisher, 'Fly the Good Times' trademarks

Rediff.com28 Apr 2016

The airlines had pledged the trademarks as collateral with banks at the time of taking loans from them

'India among top countries in illegal wildlife trade'

'India among top countries in illegal wildlife trade'

Rediff.com14 Jun 2022

'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'

How outgoing CMD Rohit Nandan steered Air India through thick & thin

How outgoing CMD Rohit Nandan steered Air India through thick & thin

Rediff.com31 Aug 2015

Air India's outgoing CMD Rohit Nanda helped the airline tide over crisis.

After 20 years, privatisation programme in India off to 'Maharaja' start

After 20 years, privatisation programme in India off to 'Maharaja' start

Rediff.com27 Jan 2022

After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

Row over Sena MP's assault of AI staffer resonates in and out of Parliament

Row over Sena MP's assault of AI staffer resonates in and out of Parliament

Rediff.com27 Mar 2017

Shiv Sena MP Arvind Sawant said, "All airlines have come together banning him (Gaikwad), but it is our fundamental right (to travel by air)."

IndiGo shares worth Rs 120 crore sold!

IndiGo shares worth Rs 120 crore sold!

Rediff.com24 Jul 2017

This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.

Why be afraid of businessmen owning banks?

Why be afraid of businessmen owning banks?

Rediff.com15 Dec 2020

Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.

MiG 25: The Fighter who Shot Differently

MiG 25: The Fighter who Shot Differently

Rediff.com6 Jun 2022

'Windows shook and rattled, and the thunderous growl of the engines doused even the sound of our noisy helicopter till such time the plane had lifted itself into the skies and disappeared from view.'

Nirav Modi: Indian mission to liaise with UK authorities for early extradition

Nirav Modi: Indian mission to liaise with UK authorities for early extradition

Rediff.com25 Feb 2021

The Indian High Commission in London on Thursday welcomed the Westminster Magistrates' Court ruling in the extradition case of diamond merchant Nirav Modi, wanted in India to stand trial on charges of fraud and money laundering related to the Punjab National Bank (PNB) letters of undertaking (LoUs) scam case. A senior diplomat at India House said the judgment, which found a prima facie case against the accused, paves the way for the government of India and the high commission officials to liaise with the UK authorities on the next stages of the procedural matters for his early extradition to India. "The judgment paves the way for the government of India, including the High Commission of India in London, to liaise with the UK authorities on the procedural matters," said the diplomat at the High Commission. "As with previous extradition cases, we will press on with the next steps," he said.

Mallya's lavish Kingfisher Villa to go under the hammer for Rs 85 crore

Mallya's lavish Kingfisher Villa to go under the hammer for Rs 85 crore

Rediff.com13 Sep 2016

The Villa, owned by United Breweries Holding, was mortgaged by KFA to SBI-led 17-bank consortium to obtain loans in 2010

Modi and Nehru Are Similar, Yet...

Modi and Nehru Are Similar, Yet...

Rediff.com26 Jan 2022

Modi's critics will say that he has put up cement and steel structures, but weakened the institutions of governance whereas Nehru strengthened them, observes T N Ninan.

Runway 34 Review

Runway 34 Review

Rediff.com29 Apr 2022

Runway 34 is a clumsy cocktail of Hollywood movies spiked with the Bollywood brand of God complex, sighs Sukanya Verma.

Bad loan resolution: Is crony capitalism at play?

Bad loan resolution: Is crony capitalism at play?

Rediff.com23 Jul 2021

One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.

China conducts precision strikes over Taiwan Strait

China conducts precision strikes over Taiwan Strait

Rediff.com5 Aug 2022

The Chinese military on Thursday said it has conducted precision strikes over the Taiwan Strait and 'expected results' were achieved, in apparent retaliation to the United States House Speaker Nancy Pelosi's visit to Taipei disregarding Beijing's vociferous warnings.

US suspends travel from Europe for 30 days amid coronavirus scare

US suspends travel from Europe for 30 days amid coronavirus scare

Rediff.com12 Mar 2020

The president said the European Union has "failed to take the same precautions" as his administration had implemented to contain the coronavirus outbreak.

Vijay Mallya's Kingfisher Villa in Goa finally sold for Rs 73.01 crore

Vijay Mallya's Kingfisher Villa in Goa finally sold for Rs 73.01 crore

Rediff.com8 Apr 2017

Buyer actor-producer Sachiin Joshi, who owns Viiking Media, has reportedly bought the villa, spread over 12,350 sq ft or three acre at Candolim.

Mallya showed zero debt in Rajya Sabha affidavit

Mallya showed zero debt in Rajya Sabha affidavit

Rediff.com11 Mar 2016

Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.

China rushes to prevent split in Nepal Communist Party

China rushes to prevent split in Nepal Communist Party

Rediff.com26 Dec 2020

Nepal plunged into a political crisis last Sunday after Oli, known for his pro-Beijing leanings, in a surprise move, recommended dissolving the 275-member House, amidst a tussle for power with former prime minister Pushpa Kamal Dahal 'Prachanda'.

Modi: 'We need wealth creators to even distribute wealth'

Modi: 'We need wealth creators to even distribute wealth'

Rediff.com11 Feb 2021

Demoralising the private companies and disregarding their contribution won't do any good to the country or its youth as our experience has shown that private enterprises in mobile manufacturing has lead to every poor family owning a mobile phone now, while the country's private sector in the pharmaceutical space has been serving humanity through vaccines and medicines during Covid times, Modi said.

Kingfisher suspended by IATA for non-payment of dues

Kingfisher suspended by IATA for non-payment of dues

Rediff.com7 Mar 2012

This is the second time since February 2 that the cash -strapped carrier has been suspended from ICH for not paying its dues.

SpiceJet owes dues of Rs 155.49 crore to AAI

SpiceJet owes dues of Rs 155.49 crore to AAI

Rediff.com10 Dec 2015

SpiceJet in a statement said that there is no default in payment to AAI since January this year.

China's first home-made jet makes debut commercial flight

China's first home-made jet makes debut commercial flight

Rediff.com28 Jun 2016

Chengdu Airlines said the ARJ21 has a lower cost per seat than similar models of Airbus and Boeing models.

The Strange Death Of India's Pen King

The Strange Death Of India's Pen King

Rediff.com2 Feb 2022

If there is a morality tale here, it is that debt and death spare no king.

Covid: Parliament adjourned sine die 11 days before schedule

Covid: Parliament adjourned sine die 11 days before schedule

Rediff.com24 Mar 2020

The session, which was earlier scheduled to conclude on April 3, is now likely to be adjourned sine die on March 23, sources said.

Justice delivered: Still sad but at peace, says Nirbhaya's father

Justice delivered: Still sad but at peace, says Nirbhaya's father

Rediff.com16 Dec 2021

"We have got justice and that makes us feel better," Nirbhaya's father said, remembering his daughter on the ninth anniversary of the incident.

AI not yet decided about importing ATF directly

AI not yet decided about importing ATF directly

Rediff.com28 Aug 2012

In reply to a question in Rajya Sabha as to whether Air India was eyeing Rs 300 crore (Rs 3 billion) saving via direct fuel import, the Minister said, "AI has not yet decided about import of Air Turbine Fuel directly.

Lenders start valuation of Mallya's Kingfisher Villa

Lenders start valuation of Mallya's Kingfisher Villa

Rediff.com3 Jun 2016

In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.

Another flop show! No bidder for Kingfisher Villa

Another flop show! No bidder for Kingfisher Villa

Rediff.com19 Oct 2016

The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.

Why Was Kashmir Calm After Geelani's Death?

Why Was Kashmir Calm After Geelani's Death?

Rediff.com6 Sep 2021

Squashing erstwhile 'separatists', marginalising the 'mainstream', and squeezing funding channels have all evidently had an impact -- at least for the moment, notes David Devadas after a visit to Srinagar.

Hizb chief, Bhatkal brothers among 18 designated as terrorists

Hizb chief, Bhatkal brothers among 18 designated as terrorists

Rediff.com27 Oct 2020

The hijackers of an Indian Airlines plane in 1999 -- Abdul Rauf Asghar, Ibrahim Athar and Yusuf Azhar -- have also been named in the list, prepared under provisions of the amended Unlawful Activities (Prevention) Act.

Covid redux: India Inc switches back to SOS mode from wait-and-watch

Covid redux: India Inc switches back to SOS mode from wait-and-watch

Rediff.com14 Jan 2022

With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.

Sena threatens to skip NDA meet if ban on Gaikwad not revoked

Sena threatens to skip NDA meet if ban on Gaikwad not revoked

Rediff.com6 Apr 2017

The party also sought to justify its protest in the Lok Sabha.

SBI tags Mallya, his 2 firms as wilful defaulters

SBI tags Mallya, his 2 firms as wilful defaulters

Rediff.com22 Nov 2015

Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines

'Don't operate flights with contract commanders'

'Don't operate flights with contract commanders'

Rediff.com3 Mar 2015

There are several first officers who have flown 5,000 hours

Iran admits 'unintentionally' shooting down Ukraine plane

Iran admits 'unintentionally' shooting down Ukraine plane

Rediff.com11 Jan 2020

Iran's president Hassan Rouhani offered his apologies and condolences.