The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defence Authorisation Act (NDAA).
The fleet landed at Al Dhafra airbase on Monday in the United Arab Emirates after flying for over seven hours from the Merignac airbase. It was the only stopover by the jets while flying from France to India.
The reported buyback of Temasek's 20 per cent stake in Tata Play by Tata Sons will be the third instance of Tata Group providing an exit to a foreign partner in recent years. In 2018, Tata Sons paid $1.27 billion to DoCoMo to buy back 26 per cent of the group's telecommunication venture, Tata Teleservices. This was followed by Tata Sons acquiring AirAsia Berhad's 49 per cent stake in AirAsia India in two tranches to make it a wholly owned subsidiary.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
Hotel companies, which have experienced substantial share price gains in the past six months, are not only expected to post robust revenue growth in the seasonally weak July-September quarter (second quarter, or Q2) of 2023-24 (FY24), with the trend continuing in the second half (H2) of FY24, but according to some analysts, they will also benefit from a structural uptrend in progress. To begin with, larger players in the listed hotel sector are expected to report strong growth in Q2 compared to the year-ago quarter. Led by higher demand from the business segment, the sector is expected to achieve a growth rate of 15-30 per cent.
India on Thursday approved capital acquisition of a plethora of indigenously-developed military hardware including indigenous BrahMos missiles, marine diesel engine, artillery gun system, electronic warfare suits and utility helicopters at a cost of Rs 70,584 crore as part of a mega procurement plan.
There are many good arguments that the Aam Aadmi Party's odd-even response is not the best solution. But we have to do something, because we care about our collective quality of life.
What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.
The Excalibur ammunition was developed in the US for improving the accuracy of the artillery shells in the war in Afghanistan which the Americans have been fighting for almost two decades now.
'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'
In October 2018, India had signed a US$ 5 billion deal with Russia to buy five units of the S-400 air defence missile systems, despite a warning from the Trump administration that going ahead with the contract may invite US sanctions.
It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
Iqbal wanted to land the smuggled goods by helicopter on the Andaman Islands. DK asked, 'Iqbal, a helicopter will bring the consignment to the island, drop it there and then return. Won't radars detect it?' 'No.' 'How?' 'Radars can't detect aircraft that fly at a low altitude. Our helicopter, after entering India's air space, will dive and fly at four feet above the sea level.' 'For that, I have a German pilot in mind. He was an ace aviator in the last world war.' An enthralling excerpt from Aabid Surti's Sufi: The Invisible Man Of The Underground.
He also cautioned against politicisation of defence purchases, suggesting that this had earlier led to the delay in the army acquiring the Bofors gun.
Two months after launch, low-cost warrior AirAsia is expanding to uncharted routes in India.
Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals
The remarks of the top Biden administration officials this week came amid growing disquiet in Western capitals over India's refusal to directly condemn the Russian aggression in Ukraine and its decision to procure discounted Russian oil.
In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels at a cost of nearly Rs 19,600 crore, officials said.
India on Tuesday signed a key pact with the Philippines for the sale of 'defence material and equipment', which are likely to include BrahMos cruise missiles.
Russia on Wednesday said there will be no impact of the Western sanctions against it on the supply of S-400 missile systems to India.
"Tata Sons board is meeting tomorrow (Friday) to consider the proposal to bid for Jet Airways," people in the know of the development told PTI.
In Dubai, A Ganesh Nadar encountered high speeds on smooth-as-silk-roads, no bureaucracy, gold, Mr Toad's. And snow!
Minister of State for Defence Ajay Bhatt said the major defence equipment that were imported included helicopters, aircraft radars, rockets, guns, assault rifles, missiles and ammunition.
The government has also relaxed certain rules to cut delays in military purchase like allowing the three services to procure required weapons and equipment from a single vendor, the sources said.
We should reassess what India's role in the world is and whether we are doing the right thing for ourselves, notes Aakar Patel.
Till high school, his medium of learning was Marathi. Later, he completed his doctorate under Neil Armstrong's guidance. He has travelled to close to 50 countries, sold $350 billion worth of aircraft. Anjuli Bhargava meets Boeing SVP Dinesh Keskar.
India announced its intention to acquire S-400 'Triumf' surface-to-air missile systems in 2015. The contract worth $5.43 billion was signed during the visit of President Putin to India last year.
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
With sales of cooling products turning out dismal this summer due to unseasonal rains, the stocks of related companies are now off their March highs. Shares of fan and air conditioner makers such as Voltas, Symphony, Orient Electric, Johnson Controls-Hitachi Air Conditioning and Crompton Greaves are down 5-23 per cent since March when the summer season saw a firm onset. In comparison, the BSE Sensex index is up 10 per cent.
These bikes are a good mixture of style, mileage, performance and affordability, says Rajesh Alva.
'The answer is no, the entire country's is.' 'So why such obsession with Delhi?' 'But the most powerful people in India live here: The prime minister, civil servants, Supreme Court judges, MPs, diplomats, dadas of the media...' 'If they can't deal with their own problem, what chance does the rest of the country have, with its foul air, dying rivers, frothing lakes, and crumbling mountains?' says Shekhar Gupta.
Ace investor Rakesh Jhunjhunwala on Thursday said real estate developers are afflicted with very low return on capital as compared to bluechip stocks. Jhunjhunwala, who runs RARE Enterprises and is set to be a major shareholder in an upcoming airliner, said only the affordable housing developers can look at listing because of the volumes which they can deliver. It can be noted that very few developers like Macrotech Developers formerly Lodha, and DLF are listed on the bourses. Jhunjhunwala cited the case of DLF, saying the stock price plummeted to Rs 80 from Rs 1,300 per piece to illustrate the risks associated.
In nearly 100 seats, the BJP stands almost no chance of winning. In 200 seats, it is a direct fight between the BJP and the Congress where the BJP has an upper hand. In 243 seats, the BJP is pitted against regional parties and it is not going to be easy. That is why 400 seats may end up as a pipe dream, states Ramesh Menon, author of Modi Demystified: The Making of a Prime Minister.
The fresh negotiations with Israeli authorities concerned for procurement of the two Phalcon AWACS come in the midst of India's bitter border row with China in high-altitude eastern Ladakh.
In a bid to assert that it offers the most competitive airfares, Air Deccan has 'challenged other airlines to prove that their fares are the lowest in the market.'
'Somehow, I don't see the Modi government shutting down Air India.' 'So, Mallya may prove to be luckier than the government; at least his financial clock has stopped ticking,' says T N Ninan.
Life of air passengers was different in the 1970s.
The overall AQI deteriorated further and touched the 268 mark, which falls in the poor category.
Eating 'tasteless' supplements, undergoing breathing exercises and yoga is not something a teenager would love to do daily but that is the routine of shooter Ramita Jindal who has emerged as a star for India in the Asian Games.
