India may have created history by inducting its first Airborne Warning and Control System in New Delhi on Thursday but the IAF is planning to replace the Russian IL-76 aircraft with some other 'modern aircraft' as the platform for the system in future.
Continuing the efforts to strengthen its presence in telecom JV with Hutchison, Ruias' Essar Group is considering buying Max Telecom and IL&FS's 3.16 per cent stake in the Hutch-Essar joint venture.
The 61-year-old MLA from Islampur seat of Maharashtra was issued the first summons for appearance on May 12 but he had sought deferment for about 10 days citing some personal and official engagements.
Mayank Agarwal is believed to be out of danger after drinking liquid from a pouch, which he thought was water and was kept on his seat as he was on board with IndiGo airlines
Handing out a reprimand to the Navy for the lapse, the CAG said this was 'seriously limiting their operations capabilities.'
Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.
Visibility wasn't good during the Republic Day flypast and the clouds hung low. 'We had 30 seconds to fame in 46 years and we made good use of it,' says Commander Mrinmoy Ghosh who flew the Indian Navy's IL-38 SD aircraft during Thursday's flypast.
The IAF contingent participated in the exercise from June 4 to 14.
Infrastructure Leasing and Finance Company is poised to acquire management control of the troubled infrastructure company Maytas Infrastructure owned by family members of Ramalinga Raju, former chairman and managing director of Satyam Computers, who confessed to financial fraud on January 7. The leading non-banking finance company is emerging as a government preference given its prominent role in infrastructure finance in the country.
Chinese Premier Wen Jiabao arrived in the Democratic People''s Republic of Korea (DPRK) for talks with top leader Kim Jong-il Sunday and said that he would pushing for the creation of a nuclear-free Korean peninsula.
With eight of the nine apparel parks failing to take off, the government proposes to review the scheme and come out with a new one by March end.
However, the 6,000-odd athletes, 3,000 performers, 300,000 spectators and dozens of world leaders had to endure heavy rain for much of the event.
Japan's Orix Corporation, which was in talks with Reliance Industries (RIL) to sell its 23.87 per cent stake in Infrastructure Leasing and Finance Company (IL&FS), has bowled a googly.
Life Insurance Corporation of India, Housing Development Finance Corporation and State Bank of India together own a little over 45 per cent in IL&FS. The deal is expected to be valued around $2.5 billion.
Operation Meghdoot was launched on April 13, 1984, when the Indian Army and IAF advanced to the Siachen Glacier to secure the heights dominating the northern Ladakh region
North Korea's dictator Kim Jong-il is seriously ill and may only have a few months to live, a British newspaper reported, quoting a source within the family of the reclusive "Dear Leader" as saying. "He does not have all that much longer to live and my sources say the doctors' diagnosis is that he will die before the end of the year," Prof Toshimitsu Shigemura, an expert on North Korea at Waseda University, told The Daily Telegraph.
38 auditors resigned in 2022-23, compared with 46 the previous year.
One fear among regulators is that allowing side pocketing could lead to fund managers taking higher risks. Even in the US, side pocketing is not allowed in mutual funds, only in hedge funds
The ministry informed the tribunal that former head of ILFS Financial Services Ramesh Chandra Bawa withdrew/transferred Rs 1 crore and Rs 14 lakh from Axis Bank accounts in two instances which are in violation of the December 3, 2018 order of the tribunal which had frozen these accounts.
The current episode highlights the structural vulnerabilities in the liquidity management practices of Indian NBFIs
North Korean shooters snub South Koreans on podium
India's largest private equity fund management company IL&FS Investment Managers Ltd said on Tuesday it will invest $100 million in QVC Realty making it the first venture capital-backed real estate start-up in the country.
Karnataka skipper Mayank Agarwal on Wednesday said he is on the mend and gearing for comeback after day-long hospitalisation caused by a suspicious liquid he drank on-board a New Delhi-bound flight in Agartala.
Real Madrid said their participation in the tournament was never in question.
Standard Chartered and IL&FS Investment Managers are close to signing an agreement to raise a $1 billion India-focused infrastructure private equity fund.
'I don't know where this acting keeda came into her. One day she just announced she was going to be an actor. And that was it.'
Officials said that Moscow has dispatched a panel of inquiry to probe into the incident.
Led by United States President Barack Obama, top American officials have reached out to key global leaders, including Japan, China, Russia and South Korea for stability of Korean Peninsula following the death of North Korea leader, Kim Jong-il. Obama himself called the South Korean President Lee Myung-bak, on Monday night during which he reaffirmed the US' commitment to the stability of the Korean Peninsula.
The Indian contingent of 550 personnel is among the largest Indian deployments for an overseas military exercise.
This will be the first Republic Day celebrations hosted at the ceremonial boulevard after Rajpath was renamed Kartavya Path last year.
The project called 'DLF MetroRail, Gurgaon' has been bagged on concession by the consortium for a period of 99 years to build and operate the metro system. The consortium, where DLF would have a 26 per cent stake while IL&FS would hold the rest, would invest invest Rs 900 crore (Rs 9 billion) in developing the project.
The city is in garba and dandiya practice mode.
Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
Only investors with a higher risk appetite should enter these funds.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
Accompanied by arms industry and military officials, Kim plans to offer the embattled Russian president weapons for the war in Ukraine in exchange for food, technology and cash.
