The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
President Trump, in a move that could have implications on India's energy security, on Monday decided not to grant sanctions exemptions to any oil customers of Iran, further squeezing Tehran's top export commodity.
The past few weeks have been rough for both Ola and Uber companies, dodging fire from almost all corners.
Fifteen Cabinet ministers and 28 Ministers of State were sworn-in by President Ram Nath Kovind at a ceremony at Rashtrapati Bhavan on Wednesday evening.
The national capital on Friday recorded a 24-hour average air quality index of 239. On Thursday, it was 315, the worst since February 12 when the AQI was 320.
Portfolios were distributed 2 weeks after the MVA govt was sworn-in. Shiv Sena's Eknath Shinde will be home minister while NCP's Jayant Patil will be finance minister.
The SOP said priority will be given to compelling cases of in distress, including migrant workers and labourers who have been laid off, short term visa holders faced with expiry of visas, persons with medical emergency/ pregnant women and elderly persons or those required to return to India due to death of family member, and students.
Of the cash outgo, Rs 64,598 crore is for enhanced expenditure on fertiliser subsidy under Atmanirbhar Bharat Abhiyan 3.0 and Rs 20,466 crore for the capital outlay in defence services.
The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.
Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to EverEnviro Resource Management (EverEnviro), an arm of the PE major Everstone Group, the companies said in separate statements. Though the value of the deal was not specifically disclosed, the crippled IL&FS -- which is under bankruptcy proceedings in NCLT -- said the sale will reduce its overall debt by Rs 1,200 crore, which is the combined debt of entities under the group's environment businesses. IL&FS Environmental Infrastructure & Services (IEISL) is one of the leading integrated waste management companies that is into municipal solid waste management apart from presence across various segments including construction and demolition, collection and transportation and waste to energy and currently manages over 8,400 tonnes per day solid municipal waste.
The city has been witnessing heavy rains since Tuesday night, resulting in water logging in many areas.
The strict curbs, including a curfew from 8 pm till 7 am, and prohibitory orders during the daytime on weekdays came into force from Monday in the state.
India joins a select list of countries that have made entry for animals less bureaucratic, thereby helping families, including people like Rishabh, escape the warzone with their beloved companion animals.
From Congress to BJP and back to Congress, Yashpal Arya, who was Uttarakhand's transport and excise minister in the Dhami government till the other day, has resigned and returned to his womb. But he is not the only one in the Land of the Gods to do so, reports Shishir Prashant.
'When we finished the narration, we expected Shah Rukhbhai to say the usual, 'I'll think about it and let you know in two days.' But he jumped up and said, 'I'm doing the film.'
'We are in close touch with Indian officials at all levels. We are also closely coordinating with our allies, friends, and Quad partners about how we can collectively support India in its hour of need,' a senior Biden administration official told reporters
Two of the US Cabinet members -- Education Secretary Betsy DeVos and Transport Secretary Elaine Chao -- have resigned over the storming of the Capitol by Trump supporters. US Capitol Police Chief Steven Sund has also announced that he would resign this month after he faced criticism for failing to prevent Trump supporters from storming the building.
A day after heavy showers battered Mumbai, the rain intensity reduced briefly on Monday morning and picked up momentum again, leading to water-logging at some places and disrupting local train services, officials said.
Calling malls, cinema halls, weekly markets, metro services and religious places "superspreader" areas, the Delhi government has directed all district magistrates to greatly intensify enforcement of COVID-19 norms in such places in view of a persistent rise in cases in the city.
Mumbai has been witnessing heavy rains since Wednesday.
Heavy rains lashed Mumbai and its suburbs on Wednesday, causing flooding on roads and rail tracks and disrupting suburban train services as the south-west monsoon arrived in the city with a bang, while the India Meteorological Department (IMD) issued an alert for more downpour.
'We will be hoisting the tiranga, but this kind of celebration is uncalled for when the farmers in this country are dying by suicides, their families are ravaged by poverty and farmers are not enjoying any freedom.'
The anti-drugs agency in its affidavit said attempts are being made to tamper with the ongoing investigation with a malafide intention to derail the probe into the case.
Ola accuses Uber of violating local laws, run business for profit.
The government is mulling blocking mobile taxi hailing apps of Uber, Ola and TaxiForSure all over the country, with the Department of Electronics and Information Technology seeking views from the Transport Ministry for the same.
'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.'
The government has held several meetings with e-commerce players to resolve issues arising due to the lockdown, and now witnessing improvement on them daily, a top government official said on Friday. Secretary in the department for promotion of industry and internal trade (DPIIT) Guruprasad Mohapatra said that with lot of follow-ups on their issues, relaxations were given to them by the home ministry.
Around 125 teams of the Transport and Revenue departments will be deployed during the 15-day plan so that the scheme could be effectively implemented.
A special Indian team is camping in Manitoba to assist ongoing investigations by Canadian agencies and to render any consular services for the victims.
The usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle.
Mumbai Police on Wednesday announced the updated lockdown guidelines which restricts the movement of people in public areas and transport while exempting those involved in essential services.
The Central government on Thursday allowed 50 per cent of its employees to work from home and the remaining to attend office every day besides implementing different time slots for working hours in its effort to further check the spread of the coronavirus disease.
In one of the worst school shootings in American history, an 18-year-old gunman has killed 21 people, including 19 children, and two adults at an elementary school in Texas state, with an emotional President Joe Biden urging lawmakers to 'turn this pain into action' to control the powerful gun lobby.
The Centre on Wednesday alerted the states in the wake of Peshawar school massacre to the heightened possibility of terror attacks ahead of US President Barack Obama's visit to India next month.
The cyclonic depression may have crossed the Tamil Nadu coast on Thursday evening, but the state continues to be battered by heavy rains.
Mumbai's dabbawala said they are suspending their services till March 31.
The Dabangg star, who has been providing assistance to those in need amid the ongoing pandemic through his charitable trust, on Monday posted a statement on his social media handles.
Khemka, as per the latest orders of the Haryana government, has been posted as Secretary, Archaeology and Museums Department and Director General, Archaeology and Museums.
The mandatory use of the Indian flag on SCI's ships has been a bone of contention with prospective buyers, on account of the costs it will entail in terms of taxation and vessel registration.
India and the US are among the countries excluded from the list of nearly 60 low-risk countries.
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