Members of the Indian cricket fraternity expressed deep sorrow and extended heartfelt condolences to the victims and their families on Thursday after a London-bound Air India flight crashed shortly after takeoff in Gujarat's Ahmedabad.
Though the airline has kept a reserve price of Rs 315 crore for these properties, it hopes to make around Rs 500 crore from the sale.
Union minister Murlidhar Mohol addressed the preliminary report on the Ahmedabad plane crash, urging caution and emphasizing the need for further investigation.
The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.
They say better late than never. For the Tatas, the original owners of Air India, bringing back the airline to its fold is worth the wait even if the attempt to privatise the bleeding national carrier by successive governments has taken over two decades. While many airlines have come and gone from the Indian skies since the time when the first move was made to privatise Air India to date, the salt-to-software conglomerate has never let the love affair with aviation, more so with Air India that its former chairman Jehangir Ratanji Dadabhoy Tata (JRD) had, to go off the radar. It is said that Tata group executives used to complain in private that JRD -- the pioneer of the Indian aviation industry -- spent more time worrying about Air India than the Tata group when he was heading both the entities.
An official expressed hope that the DNA profiling all the victims will be completed by either Tuesday evening or Wednesday morning.
The average number of flights the Air India group, including subsidiaries Alliance Air and Air India Express, operates daily is 674.
"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.
At least a dozen Pakistani military aircraft including F-16 jets were destroyed or damaged in Indian strikes during Operation Sindoor, Chief of Air Staff Air Chief Marshal A P Singh said on Friday while describing Islamabad's claim of India's losses as "fanciful stories".
Rajesh Patel, 57, said he collected nearly 70 tolas of gold ornaments, which would be priceless for the victims' kin, Rs 50,000 and a few US dollars from the scene of the deadly aviation tragedy and handed them over to the police.
Their third win improved their chances of a berth in the Second Division NFL super league.
The first cloud-seeding trial has been conducted in parts of Delhi, including Burari and Karol Bagh areas, aimed at inducing artificial rain to tackle air pollution.
'Pakistan does not have the capacity to fight a war with us. They do not want to fight a war. It does mischief as per its policy of 'bleed India through a thousand cuts'
Diya Chitale and Manush Shah are the first-ever Indian pair to qualify for the prestigious WTT Finals to be held in Hong Kong in December.
With the gradual shrinking of Mallya-owned Kingfisher Airlines and rise in fares by 30-40 per cent in 2012-13 as compared to last year, the carrier improved its market share from 16 per cent to 20 per cent in the last seven to eight months.
That such a deal can be greeted with celebration in the camps of both buyer and seller speaks volumes about the airline and its recent history, explains T N Ninan.
As the Tata Sierra makes a triumphant return as a modern monocoque 5-doorOn November 15, Rajesh Karkera recalls the original SUV that defined his early adulthood.
The Air India board has decided to reduce by 50 per cent the productivity-linked incentives or flying allowance payable to its employees.
The government has no say in where the country's refiners source oil from because these are commercial transactions.
Left to its machinations, the BJP would have loved to cut Nitish down to size, but it can't afford to do so as the JD-U is in alliance with the BJP at the Centre, and cannot form a government on its own in Bihar. For now, both need each other: Nitish for legitimacy, the BJP for numbers, points out Ramesh Menon.
The company expects four to five per cent revenue growth from Star Alliance membership.
Voters in Bihar's Jehanabad and Ghosi express their hopes for change, particularly regarding job creation and development, in the upcoming government following the state elections.
The absence of their ace striker Odafa Okolie notwithstanding, reigning I-League champions Churchill Brothers start favourites against Air India in the first semi-final of the 114th IFA Shield to be played at Yuba Bharati Krirangan in Salt Lake in Kolkata on Tuesday.
Chief of Defence Staff General Anil Chauhan on Saturday said India's Operation Sindoor has drawn a 'new red line' of intolerance against terror, and expressed hope that the military action has brought 'some lessons for our adversary also'.
'The Modi government is trying hard to see if it could be sold to a private airline.' 'But it appears there are no takers.' 'If no buyer comes forward by June, the government will close down Air India,' predicts A K Bhattacharya.
"Decoding of the black box is going to give in-depth insight into what happened moments before the plane crash," Civil Aviation Minister K Rammohan Naidu said at a briefing in the national capital.
India eye victory against Afghanistan in push for CAFA Nations Cup play-offs
A native of Mandangad in coastal Ratnagiri district, the Songhare family had moved to Mumbai for work and shifted to Dombivli two years ago.
More than 1,600 employees of Air India, the former state-run carrier now owned by the Tata group, have opted for voluntary retirement under a scheme announced on June 1. These employees comprise 22 per cent of permanent staff (around 7,000). The airline has a total employee strength of around 10,800, including those on contract.
Meghana Sajjanar clinched her first-ever World Cup medal, a bronze, in the women's 10m Air Rifle, as India finished fifth in the season-ending ISSF World Cup Rifle/Pistol in Ningbo, China.
IMAGES from Day 1 of the 1st Ashes Test played in Perth on Friday.
While it is evident that the INDIA bloc has not shut its doors on Nitish Kumar, those within the NDA are hopeful that the JD-U's support base would benefit them as well
US President Donald Trump has said the trade deal with India is not finalised, as he stressed that India imposes more tariffs than almost any other country.
Vasant Shinde, a former municipal council president of Jintur in Parbhani district, told PTI that he survived the 1993 tragedy, in which 55 people lost their lives, as the aircraft flew into an 11 KV powerline, which fortunately did not have any supply.
UN chief Antonio Guterres, US President Donald Trump, his Russian counterpart Vladimir Putin and Canadian Prime Minister Mark Carney were among scores of world leaders who offered condolences to the people of India in wake of the tragic plane crash in Ahmedabad on Thursday.
Twenty-year-old Nganthoi, who was a cabin crew member for the last three years, was among the 242 people onboard Air India Flight AI 171, which crashed minutes after take-off from Sardar Vallabhbhai Patel International Airport in Ahmedabad on Thursday.
Addressing close to 700 employees and the leadership team across the Air India headquarters and Air India Training Academy in Gurugram, Chandrasekaran urged them to stay on course, terming the accident the most "heartbreaking" crisis of his career.
England still have hopes of winning this game. This prognosis is based on their fourth innings exploits over the last three years and the fact that India galloped to 321 runs in 70 overs, suggesting the wicket isn't particularly tricky. However, the big difference from Leeds in June this year, or Birmingham in 2022, is that this track still has plenty of juice.
Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.
By threatening to punish India with high tariff, Trump is actually planting a tantalising thought in the Indian mind that the Modi government should suitably 'incentivise' him, explains Ambassador M K Bhadrakumar.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances