Singapore Airlines (SIA) is engaged in confidential talks with Tata Sons for merging Vistara with Air India, the flagship carrier of the Republic of Singapore informed the stock exchange in the Southeast Asian nation on Thursday in a first acknowledgement of a possible integration of the two airlines. "In line with its multi-hub strategy, SIA is currently in confidential discussions with the Tatas to explore a potential transaction in relation to the securities of Vistara and Air India. "The discussions seek to deepen the existing partnership between SIA and Tatas and may include a potential integration of Vistara and Air India," SIA said in a notification to the Singapore stock exchange. SIA owns 49 per cent stake in Vistara and is among the four airlines run by Tata Group.
Pakistan captain Sarfaraz Ahmed was referring to Pakistan's victory against India in the final of the ICC Champions Trophy in England in 2017, when they claimed a crushing 180-run victory.
Chinese President Xi Jinping will arrive in Pakistan on Monday on a two-day visit to deepen economic and strategic ties between the two "all-weather" allies.
The Securities Appellate Tribunal (SAT) has stayed a Sebi order which imposed a fine of Rs 1 crore on HDFC Bank for invoking securities pledged by stock broker BRH Wealth Kreators, till further orders. Sebi had imposed the fine and also directed the bank on January 21 to transfer Rs 158.68 crore along with 7 per cent interest per annum into an escrow account till the issue of settlement of clients' securities is reconciled. "The fact that the circulars have been violated or not and whether the securities have been rightly invoked by the appellant requires consideration," the tribunal said in an order dated February 19 while giving three weeks time to Sebi to file a reply.
Eleven militants carried out the brutal Taliban attack on an army-run school in Pakistan's Peshawar city last week that killed 150 people, mostly children, an initial investigation report has said.
The foreign minister acknowledged that he spoke with Hurriyat leader Mirwaiz and India should not make it an issue.
Police said there is no terrorism element in the incident.
Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in the race for RCap's assets. The final day to submit an expression of interest (EoI) was March 25 and the bidders will now get access to the latest information about RCap before they make financial bids.
With the Adani and Jindal groups and Mukesh Ambani-owned Reliance Industries joining the race to buy Videocon Industries' (VIL's) assets, lenders are expecting aggressive bids for VIL's consumer durables and overseas oil assets, which are to be sold in separate auctions. The entire asset sale exercise is expected to be completed in the next six months, said a banker. A promoter entity of Naveen Jindal-owned Jindal Steel and Power has also evinced interest in the second round of bids for VIL's consumer durable business. The deadline to submit bids for VIL's assets ended on February 2.
Three people were killed and over 20 others injured in a bomb blast outside the house of the Mumbai terror attack mastermind and JuD chief Hafiz Saeed in Lahore on Wednesday, the police said.
The Pakistan Foreign Office gave no reason for Lodhi's removal in a statement late on Monday.
Pakistan head coach Mickey Arthur has heaped praise on right-handed batsman Babar Azam, saying he is as good as swashbuckling Indian batsman Virat Kohli. During the recently concluded Hamilton Test against New Zealand which Pakistan lost by eight wickets, Azam scored an unbeaten 90 and Arthur says the former deserves the high praise.
The Paris-based global watchdog for curbing terror financing and money laundering will hold its virtual plenary session from October 21 to 23. It will review Pakistan's progress on the 27-point action plan.
Despite being left out of the central contracts of the Pakistan Cricket Board (PCB),`out-of-favour` off-spinner Saeed Ajmal is hoping to revive his international career through 'one last chance' to prove his worth. Having notched up a total of 178 wickets in 35 Tests, Ajmal was ranked as the number one bowler in ODIs and was also very impressive in the longest format of the game before being suspended for exceeding the 15-degree elbow flex limit set by the International Cricket Council (ICC) in September 2014.
Pakistan all-rounder Shahid Afridi has said that their team is just as good as the Indian World Twenty20 team.
Teenage Pakistani female education rights activist Malala Yousafzai, who survived a Taliban assassination bid in 2012 and became the youngest recipient of a Nobel peace prize, has secured high marks in UK's national school exams.
Pearl, the 38-year-old South Asia bureau chief for The Wall Street Journal, was abducted and beheaded while he was in Pakistan investigating a story on the alleged links between the country's powerful spy agency Inter-Services Intelligence and Al Qaeda.
'The decision has been taken in view of the regional security environment.'
An agreement was reached in Islamabad during a meeting between Pakistan Finance Minister Ishaq Dar and Xu Ziqin, President of state-owned China Shipbuilding & Offshore International Company Limited -- the trade arm of China Shipbuilding Industry Corporation.
In provocative remarks, Pakistan said it is dedicating its Independence Day to Kashmir's "freedom" and will continue to extend full diplomatic, political and moral support to the people of the state.
"Papa, I've been shot," were the last words of a 15-year-old boy who died after being struck by a stray bullet from aerial firing as frenzied celebrations rang across Pakistan over its cricket team's Champions Trophy triumph.
Sahib Khan Oad, a senior reporter with Associated Press of Pakistan, has been barred from drinking water in the same glass and sharing utensils with other Muslim staff at the office, the Express Tribune reported.
The Centre said that the arbitration under United Nation Convention on the Law of Sea (UNCLOS), which was instituted on a request from the Republic of Italy has delivered its Award on May 21, 2020.
The Al Qaeda in the Indian Subcontinent says a series of drone attacks have killed nearly 50 of its members, including deputy head Ustad Ahmad Farooq and Qari Imran, the group's central council member and in charge of Al Qaeda in Afghanistan.
Pakistan on Monday termed as "irrational" India's strong reaction to a court's ruling ordering release of 2008 Mumbai terror attack mastermind Zaki-ur-Rehman Lakhvi, but hoped that the issue will not affect the proposed bilateral talks.
Pakistan said that Jadhav is not an ordinary person as he had entered the country with the intent of spying and carrying out sabotage activities.
'Individuals can consider dividing ownership of properties between related persons to ensure that the sale transactions are below the Rs 50 lakh limit and therefore not subject to TDS.'
The request was made in view of the upcoming elections for ICJ judges, scheduled to be held in November,
The principal bench of the (CAT) took suo moto cognisance of the behaviour of advocate Mehmood Pracha, while arguing the case of Sanjiv Chaturvedi, an Indian Forest Service officer of Uttarakhand cadre on deputation to All India Institute of Medical Sciences, Delhi, who filed different applications with regard to recording of his Annual Confidential Reports (ACRs), it said.
Pakistani media outlets on Sunday said the brazen attack by terrorists at a key Indian Air Force base will pose a "challenge to attempts to resurrect" the dialogue process between the two neighbours despite the goodwill generated by recent high-level meetings between their leaders.
To many Pakistanis, Trump's anti-Muslim rhetoric and business ties to India are signs that his administration could favour New Delhi.
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India is likely to send a high-level delegation, headed by the minister, given the conference's importance.
The possible date for bidders to submit a resolution plan to the adjudicating authority -- National Company Law Tribunal (NCLT) -- is September 27.
Disappointed by the ugly tiff between Shahid Afridi and Javed Miandad, the Pakistan Cricket Board (PCB) is likely to take measures to stop former cricketers from levelling match-fixing allegations against each other to settle `personal scores`. A verbal altercation has been going on between Afridi and Miandad after both of them accused each other of being 'money-centric'.
The officials said the freed Taliban leaders include Sheikh Abdur Rahim and Mawlawi Abdur Rashid, who had served as the insurgent group's governors of Kunar and Nimroz provinces respectively during the Taliban administration before it was deposed by the US-led forces in 2001.
We have repeatedly asked India to refrain from accusations, says Pakistan's foreign office
They just wanted their angst noticed, and as a symbol of recognition, Jallikattu, restored without the annual ritual of court cases and adjournments, explains N Sathya Moorthy.
Figures showed that the worst-hit was Mirpur with 24 dead, nine in Jatlan and one person lost his life in Jhelum.
The 26-year-old actor-cum-model was killed by Waseem, who has confessed to have administered a sedative to her before strangling her to death for the "honour of the family".
