This isn't just a home for the elderly. It's a place where life stories, generations, and cultures weave themselves into something quietly extraordinary, discovers Nitin Sathe.
A consortium of lenders led by State Bank of India (SBI) has agreed to provide loans to Tata Group for the smooth operations of loss-making Air India. Tata Group, which won the bid to acquire the national carrier along with Air India Express and 50 per cent stake in AISATS in October last year, is expected to formally takeover the airline on Thursday. Sources said the SBI-led consortium has agreed to grant both term loans and working capital loans depending on the airline's requirements. All large lenders, including Punjab National Bank, Bank of Baroda, and Union Bank of India, are part of the consortium, they added.
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.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
'Shubman Gill did not look as technically tight or calm as usual when he came out to bat on the fourth evening, but his team fought so hard on Monday in a fabulous Test.'
A big question mark is on whether Shashi Tharoor, who had led the delegation to the US among other countries, will be picked as speaker by the Congress, as the seasoned Lok Sabha member's enthusiastic endorsement of the government's action following the terror attack has soured his ties with his party.
'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.'
They were asked to wait for 72 hours, but the deadline passed on Sunday and the wait seems endless.
Nitin Gadkari said AI will be used to detect landslides, waterlogging and accident-prone spots on highways, while highlighting logistics cost cuts and road safety initiatives
With only a few days to go before the country celebrates Holi, several airline companies offered discounts on fares on the occasion of the festival of colours. While two airlines are providing discounts on both domestic and international networks, another has the offer only for the domestic sector. Low-cost airline Akasa Air said it is offering an all-inclusive one-way fare starting at Rs 1,499 on domestic routes.
Air Inda starts giving salries, though after a dealy.
The first batch of 22 Indian shooters, accompanied by 13 support staff, has departed for Buenos Aires to compete in the first ISSF World Cup of the year.
Re-rating of Bharat Petroleum Corporation, Container Corporation, Shipping Corporation, SAIL, and Hindustan Copper, for which the government has already shown intent to divest its stake, possible now, say analysts.
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
Two-time medallist Elavenil Valarivan will fancy her chances on the first competition day of ISSF World Cup in Munich on Tuesday
Meanwhile, a precautionary blackout has been enforfced in the multiple areas amid the esclating tensions between India and Pakistan.
Stunning 1-2 finish for India after Shambhavi, Ojasvi's keen tussle
The sealing of the mega deal came three weeks after the Cabinet Committee on Security (CCS) headed by Prime Minister Narendra Modi cleared the procurement.
The Indian Army has enhanced security along the Line of Control (LoC) in Jammu and Kashmir's Rajouri district by deploying state-of-the-art equipment, including smart fence systems, robotic mules, and all-terrain vehicles. These upgrades aim to counter infiltration and ensure peaceful Independence Day celebrations.
Air India passenger flights were barred from landing in Hong Kong between August 18 and August 31 after 14 passengers on its Delhi-Hong Kong flight of August 14 tested positive for COVID-19 post arrival.
Some residents have already taken this step to relocate, either temporarily or permanently, some to their native places and others to clean-air destinations like Goa and Himachal Pradesh.
Proceeds may be used to partly pay off its Rs 46,570-cr debt
At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.
If I were to explain stealth to a layperson, I'd ask them to think of the game chupan-chupai (hide and seek) we played as children, explains Air Commodore Nitin Sathe (retd).
One of the key attractions of the park, which houses a wide array of plant, animal and bird species besides ancient caves, the revamped toy train is set to provide an elating and exciting experience to visitors, especially children.
Prime Minister Narendra Modi will chair a meeting of the Union Council of Ministers on Wednesday, the first after India's punitive military action against Pakistan under Operation Sindoor launched in response to the Pahalgam terror attack.
Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.
Air India is the official airline partner for the mega sporting event starting in Delhi from October 3. A passenger can avail of these two short-term promotional schemes between October 1 and November 14, Air India said.
'Diplomatic and economic responses are first announced and then implemented. A military response is announced only after it is done.'
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
Around 300 employees, carrying red flags, assembled in front of the old terminal in Delhi, shouting slogans against the management and demanding immediate payment of salaries. "The government cannot defer the salary as per the Payment of Wages Act. It must pay the salary by July 10. The company is not following the rules and regulations and taking decisions which is not in the interest of the employees," J B Kadiyan, general secretary, ACEU, said.
The Railway Ministry will deliver the advanced locomotives to the African nation over the next three years. Prime Minister Narendra Modi will flag off the first locomotive for export on Friday.
The revised check-in baggage limit is effective from Saturday
Besides barring from entering premises, the order also directed Rohit Bhasin to surrender his identity card.
The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function as 'eye-in-the-sky' controllers of air force battles.
"It was a very proud moment for me as well as the entire Air India crew when we heard from Pakistan ATC praising our special flight operations to Europe," one of the senior captains of the special flight said.
The government also sought approval from Parliament for equity infusion worth Rs 2,345 crore into struggling Air India and another Rs 1,300 crore for Air India Asset Holding.
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The Dreamliner's introduction on the daily Singapore route is on popular demand, said Nirbhik Narang, Air India's country manager in Singapore.
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