Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines
'I would go for Bharat Biotech's Covaxin and not Covishield, and that is my personal judgment since at least 11,500 have got at least one dose by now and it has proven to be safe.'
Chairperson of the COVID Task Force for All India Institute of Medical Sciences, Dr Naveet Wig on Thursday said that the COVID-19 crisis is 'a dynamic situation' and to prevent a third wave of the pandemic, there is a need to keep changing strategies.
The party has not applied the "one-family, one-ticket" formula for the Karnataka polls which it followed in the Punjab polls held last year.
Rediff.com brings you a collection of some of the odd and unusual sports images from around the world in recent weeks.
Eliud Kipchoge ran the quickest recorded marathon on Saturday, crossing the line at the Monza Formula One track in two hours and 25 seconds but missing out on an ambitious attempt to break the two-hour barrier.
In a statement explaining how the tyres are marked at their Turkish factory with embedded and traceable bar codes that cannot be swapped, Pirelli said their process was designed to be tamper-proof and random.
The deepening of the Formula One financial crisis prompted Force India boss Vijay Mallya to say that the sport's owners must fix the revenue sharing model among teams for the survival of smaller outfits like his.
The apex court said there is no legal mandate that pensioners who held the same rank must be given the same amount of pension as it upheld the Centre's decision to give OROP in defence forces.
'They have to be seen as being responsive to the employment woes and economic stagnation afflicting many young people.'
Two days ahead of the Formula 1 race in Greater Noida, a petition seeking to stay the mega event was filed before the Supreme Court on Tuesday which agreed to hear it on Friday.
'These matches are all like finals now and if you don't play well, you don't win.'
Opinion polls by a section of the media channels have stated that Harish Rawat is the most liked politician for the post of chief minister, way ahead of Chief Minister Pushkar Singh Dhami.
AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, State Bank of India managing director Swaminathan J said on Thursday. If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all. The government is yet to announce the specific contours of the NARC or the bad bank and has also only said that it is willing to provide some sovereign guarantee to help the platform.
'I love Vijay. My heart is really broken because I know this is not ideal in the short term for him, but the big picture is really different'
Things appear to be going from bad to worse for Vijay Mallya, once known as 'King of Good Times', with the board of a company he nurtured into India's largest liquor maker asking him to quit.
Spanish bank denies credit line to bail Sahara boss.
Sourav Ganguly will have his hands full during his nine-month tenure
Formula One will revert to its 2015 qualifying format at next week's Chinese Grand Prix in Shanghai and for the remainder of the season, the governing FIA said in a statement on Thursday after backing down in the face of opposition from teams.
Friendships are not merely severed, but built over scuffles. And just about anything can stir things up -- a long-standing feud, a pointless stare, a disrupted moral stance, a fist that ricochets off a face and smacks another face in the near vicinity, observes Sreehari Nair.
Dividing people in the name of religion, engineering riots and committing atrocities on Dalits is not Hindutva but to unite one human being with another is, he said in a veiled attack on the Bharatiya Janata Party while replying to a question at a summit organised by news channel Times Now.
Hike would have led to higher cost of fertiliser, electricity and even CNG.
'Defence, development and democracy is the formula to defeat Naxalism.'
Deputy Chief Minister Manish Sisodia on Friday claimed there is no report approved by the Supreme Court-appointed Oxygen Audit Committee about Delhi exaggerating its oxygen requirement by four times during the second wave of the COVID-19 pandemic.
Chilling at home after coming back from a coronavirus-forced "hotel arrest" in Pakistan, South African pacer Dale Steyn believes it's a pity that sporting events are being cancelled en masse due to the crisis. Steyn, who returned from Pakistan due to the virus outbreak, said it's indescribable how the situation changed in a matter of hours.
Wants details of Vijay Mallya transactions over 4 years
The expanded European soccer Championship format with 24 teams in the finals instead of 16 contributed to fairytale runs by so-called minnows at Euro 2016 but also helped Portugal lift their first major trophy. The new formula introduces an extra knockout stage, the round of 16, with the top two teams in each of the six groups going through as well as the four best third-placed sides. Portugal did just that, finishing third in their group and going on to win the tournament with a 1-0 victory in extra time over hosts France in Sunday's final.
The money was paid to Mallya in two tranches in his offshore accounts.
International Cricket Council Chief Executive Manu Sawhney has been sent on 'leave' after his conduct came under the scanner during an internal investigation by audit firm PricewaterhouseCoopers and may resign before his term ends.
Such an exit arrangement is commonly known in the business parlance as 'golden parachute' or 'sweetheart deal'
The GST Council on Friday left taxes on COVID-19 vaccines and medical supplies unchanged after the BJP- and Opposition-ruled states sparred over whether tax cut benefits will reach the common man. Congress and other Opposition ruled states have been demanding a reduction in taxes but the central government felt the move may not result in tangible gains for people. "It is one thing to rush to say - do this, it will benefit the common man. But when the technical, fitment and law committees go into the details, you realise that that could have collateral impact on many others," Finance Minister Nirmala Sitharaman said. "I am not talking about the revenue generation aspect, but how many other items will get included in it as a result of which how you are going to implement it," she added.
The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
Any decision taken by Congress president Sonia Gandhi will be acceptable to all, Punjab Chief Minister Amarinder Singh said on Saturday as talk of Navjot Singh Sidhu being appointed chief of the party's state unit despite his oft-stated reservations gathered force.
'The Congress can exist without (someone from) the Nehru-Gandhi family being its president.'
Congress leaders are now in a "wait and watch" mode over the possible ripple effect of Punjab developments in faction-ridden Rajasthan and Chhattisgarh, the only two states other than Punjab where the party is in power on its own.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
Former FMSCI chief Vicky Chandhok on Monday severely criticised the governing body's current regime.
To beat BJP, you either deny them a critical mass of Hindu vote or build a regional leader and party strong enough to protect their turf, observes Shekhar Gupta.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
