Vijay Mallya-led UB Group is all set to meet the month-end deadline for payment of Rs 400 crore (Rs 4 billion) balance toward 26 per cent stake it had picked in Deccan Aviation, the promoter of low-cost carrier Air Deccan.
Jammu and Kashmir chief minister, who was on the flight, ordered the marshal's arrest
Boosted by their comprehensive victory over table-toppers Delhi Daredevils in their last match, Royal Challengers Bangalore will look to seal their play-offs berth when they take on Deccan Chargers in their must-win Indian Premier League match in Hyderabad on Sunday.
Keen to consolidate their chances of making the playoffs, Rajasthan Royals will be eyeing nothing less than a victory when they take on a lowly Deccan Chargers in their Indian Premier League match in Hyderabad on Friday.
Chennai Super Kings dished out a disciplined all-round display to notch up a comfortable 10-run victory over Deccan Chargers in their Indian Premier League match in Chennai.
Spinner Amit Mishra and pacer Dale Steyn scalped two wickets each as Deccan Chargers knocked Rajasthan Royals out of the Indian Premier League by inflicting on them an upset five-wicket defeat in a must-win match in Hyderabad.
Kings XI Punjab rode on a smashing half-century by Mandeep Singh and a superlative performance by their bowers to notch up a comfortable 25-run victory over Deccan Chargers in a lop-sided Indian Premier League match in Uppal on Tuesday.
Air Deccan, country's largest low cost airline, has announced a mega offer of 1,00,000 tickets, free excluding taxes and surcharge.
Air Deccan is going to a lot of sectors where nobody is going, places like Dehra Dun, Belgaum, Hubli and Kolhapur, we are very focused on the other India.
Air Deccan, the country's second largest airline, on Friday announced it has signed a deal with two European banks to raise $100 million (Rs 450 crore) to help ensure its financial stability and insulate it from the "turbulence" in the domestic aviat
Low fare carrier Air Deccan on Monday launched three new daily flights between Kolkata and Aizawl, Bagdogra and Bhubaneshwar using 48-seater ATR-42 aircraft.
Deccan 360 is not taking orders, as it claims it is re-aligning its services.
Low-cost no frill airline Air Deccan has made a marginal increase of Rs 200 in the fuel surcharge on all fares to all routes from Friday.
Russian defence aerospace major Sukhoi is close to bagging its first civilian Indian client with its regional 60- to 90-seater jet Sukhoi Superjet 100.
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
Low cost carrier Air Deccan will launch flights to seven new destinations soon.
UB Group, which has raised close to Rs 1,500 crore (Rs 15 billion) debt for keeping Kingfisher Airline in the skies during the past two years, has raised another Rs 1,000 crore (Rs 10 billion) debt to fund the 46 per cent buy in Deccan Aviation.The debt for the 46 per cent buy in Deccan Aviation has been raised in two phases. In the first phase, for the 26 per cent negotiated deal for Rs 550 crore and the subsequent 20 per cent open offer which cost UB Group Rs 425 crore.
Sources close to the development told PTI that the open offer was expected to be announced next week. The share price for the open offer would be Rs 155 per share, the amount UB Holdings paid for picking up the 26 per cent stake.
In 1666, Shivaji Maharaj and his son Sambhaji escaped from the Agra Fort, one of the most miraculous escapes in India's history.
Vijay Mallya-promoted UB Group, which acquired 26 per cent stake in Air Deccan for Rs 550 crore (Rs 5.5 billion) and is to buy another 20 per cent through an open offer, has completed raising funds for the purpose ahead of its payment deadline.
Air Deccan said on Monday it recorded a 90 to 100 per cent load factor in May as the holiday season increased the passenger traffic in most of the sectors.
Aizawl slowly grew in confidence and started dominating the midfield battle.
Readers reminisce their bitter sweet experiences of ordering meals in the Indian Railways.
Vijay Mallya's United Breweries Holdings has made an open offer for an additional 20 per cent stake in Air Deccan in which it has already acquired 26 per cent for Rs 550 crore (Rs 5.5 billion).
'Rahul Gandhi should have prevented Nitish Kumar from going.' 'He must pacify Mamata Banerjee if he has a cause of Mohabbat Ki Dukaan.' 'He should bring this Mohabbat Ki Dukaan on the political canvas.'
The committee has also recommended highlighting 'Hindu victories' in various battles in the textbooks.
Left-arm pacer Mukesh Choudhary has grabbed opportunities provided by Chennai Super Kings with seven wickets from seven games, including a man-of-the-match winning 3/19 against Mumbai Indians.
Rohit Sharma took 4 for 6 in his two overs.
In a nation of 1.4 billion people, where a potential new creator is born every second, we pick 25 influencers who have ruled social media this year.
The block will affect the movement of long-distance as well as local trains.
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.
Veteran Lucknow Super Giants spinner Amit Mishra credited his success in the five-wicket victory over Sunrisers Hyderabad in Friday's IPL match in Lucknow to making a careful assessment of the wicket and taking mental notes of the shots that batters are likely to employ against his bowling.
Rajasthan Royals came all guns firing against Kolkata Knight Riders, with an emphatic nine-wicket victory to inch closer to the play-offs.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
A 'propagandist' newspaper distributed on board the Bangalore-Chennai Shatabdi Express has snowballed into a controversy, drawing political reactions and prompting the Indian Railway Catering and Tourism Corporation (IRCTC) to initiate an enquiry in the matter.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances