Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission for the proposed deal. AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd (AAIL), which is part of Malaysia's AirAsia Group. Full service carrier Air India and its low-cost subsidiary Air India Express were acquired by Talace Private Limited, a wholly-owned subsidiary of Tata Sons Private Ltd, last year. Besides, Tatas operate full service airline Vistara in a joint venture with Singapore Airlines.
The National Associations of Australia, England, India, Malaysia, and New Zealand have all put up extremely strong cases in an attempt to lure the sport's top properties to their territory, the FIH said.
Addressing a press conference, in New Delhi on Thursday, along with visiting International Olympic Committee president Thomas Bach, Indian Olympic Association president Narinder Batra said, "We are bidding for three events, 2026 Youth Olympics, 2030 Asian Games and 2032 Olympics. We don't know whether they will come to India or not. Let us see how fierce the competition is."
England players were in demand as batter Harry Brook earned a Rs 13.25 crore winning from Sunrisers Hyderabad.
Tennis ace Rohan Bopanna, hockey great P R Sreejesh and table tennis legend Sharath Kamal, are gearing up for one last hurrah at the Asian Games, starting in Hangzhou, from September 23.
Cricket has been shortlisted for potential inclusion at the 2028 Los Angeles Games along with baseball-softball, flag football, lacrosse, breakdancing, karate, kickboxing, squash and motorsport.
During the first round of discovered field auctions, there were 134 bidders for the 34 blocks on offer
Miss World 2024 will be crowned in India soon. Long before Aishwarya Rai and Priyanka Chopra, Yukta Mukhey and Diana Hayden, a beautiful woman from Bombay was crowned Miss World. In 1966. Reita Faria was India's first Miss World. Vaihayasi Pande Daniel/ Rediff.com met the 80 year old in Dublin recently, still as elegant, still as attractive as she was all those years ago.
Istanbul were spared a grilling on Wednesday over protests which have rocked Turkey when the three candidates to host the 2020 Olympics presented their cases to the International Olympic Committee (IOC).
News of all that's transpired on and off the football field
Dallas, Boston, San Francisco, Los Angeles, Philadelphia, Washington, San Diego and Tulsa have expressed varying degrees of interest in hosting the sporting extravaganza.
North Korea made its decision to pull out of Tokyo at a meeting of its Olympic committee and Sports Minister Kim Il Guk on March 25, the ministry said on its website.
Feasibility study is being sought for high-speed rail corridors.
.There are other things in the socio-economic arena which becomes more important than becoming an athlete.'
Sri Lanka retired players now have to wait 6 months to get NOCs for T20 leagues
While questions may arise over the sheer dominance of a single corporate group in running airports in the country, it pretty much fits into the government's plan to get out of this space and earn revenue without working for it.
"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.
Manchester City failed in an audacious transfer deadline day move for Leicester City midfielder Riyadh Mahrez, British media reported on Wednesday.
USA have played three ODIs, including two at the 2004 Champions Trophy, and lost all of them.
Broadcasting and digital companies are ready to join the country's biggest ever auction of sports rights next year.
Veteran striker Girelli, 33, replaced 16-year-old midfielder Giulia Dragoni in the 83rd minute and needed only four minutes to make an impact
Under the new policy, external advice would be sought for related party transactions that are worth over Rs 2 crore and bidding process would be mandatory for any such contract.
A new chapter in the celebrated rivalry between Cristiano Ronaldo and Lionel Messi will unfurl on Thursday when they meet in an exhibition match as the Portugal forward gears up for his first game in Saudi Arabia since joining Al Nassr.
A revamped Air India under the Tata Group will be a real challenge while new airline Akasa Air will be a far less competitive force for the next two-three years, IndiGo CEO Ronojoy Dutta said on Wednesday. Akasa Air, which is backed by former IndiGo president Aditya Ghosh, ace investor Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube, got the no-objection certificate (NOC) from the Ministry of Civil Aviation on Monday.
Talking about the threat of terrorism, he said "As diverse and pluralistic societies, we both face threats from fundamentalist terrorism. Yet, we do not seem to be able to cooperate as effectively we should in some critical international forums dealing with this subject."
The two will now go head to head in a bid to seal qualification for the 2024 Olympics as only one lifter per country is allowed in a weight class.
Australia beat India by nine runs to win the Commonwealth Games women's T20 cricket gold medal on Sunday but the real winner was the sport which delivered compelling competition and boosted its case to be included in the Olympics.
Ending its uncomfortable journey in India after eight years, Malaysia-based AirAsia Group on Wednesday said it has exited AirAsia India by selling its remaining 16.67 per cent stake to Tata Group-owned Air India for Rs 155.64 crore. Later in the day, Air India said it has begun the process of creating a single low-cost carrier subsidiary by merging AirAsia India and Air India Express. A working group consisting AirAsia India CEO Sunil Bhaskaran and Air India Express CEO Aloke Singh has been formed for the two carriers' integration, which is expected to take approximately 12 months, it added.
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Canadian phone maker Datawind which has supplied about 1,00,000 low-cost Aakash tablets to the government till date says that it would be a challenge to supply the device at Rs 2,500 a unit due to rupee volatility and other factors.
Manchester City's Erling Haaland faces Borussia Dortmund and Barcelona's Robert Lewandowski meets Bayern Munich after the Champions League group-stage draw was made on Thursday.
Airbus' $99 million payout puts a new light on Eurofighter's 'unsolicited bid' to the Modi government, reducing the cost of the Typhoon fighter by 20 per cent, making it in retrospect significantly cheaper than the Rafale.
Sevilla will bid for a record-extending seventh Europa League title when they face AS Roma in the final in Budapest on May 31, after Jose Mourinho's side drew 0-0 at Bayer Leverkusen to secure a 1-0 aggregate victory in their semi-final.
Real Madrid through to next round, win 6-2 on aggregate, Liverpool ousted
OVL had bid for two of the 10 shallow-water blocks that Myanmar had auctioned in December but drew a blank when the fields were awarded on March 26.
The chairman of the JSW Group of companies, Sajjan Jindal, whose stake in the group is valued at $14.5 billion (Rs 1.1 trillion), is betting $4.5 billion of his personal fortune in the firm's bid for Ambuja Cements. According to bankers, Jindal's contribution will be a combination of share sale and debts raised by pledging the stake of the target entities with private equities. The JSW Group chairman has offered $7 billion for Ambuja Cements, including $2.5 billion of investments from private equities, the Financial Times reported on Tuesday.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
A look at the players who could make it to India's provisional squad for the World Cup.
The Board of Control for Cricket in India (BCCI) has pegged the base price for the combined IPL media rights at Rs 32,890 crore, nearly double the Rs 16,347 that Star Disney paid five years ago. Experts say that at these levels, there does not seem to be any profit-and-loss logic at play. It is more about what premium broadcasting companies are ready to spend for market share dominance. They point out that due to competition, they expect the final price to hit Rs 40,000-50,000 crore.
As 2022 readies to bid adieu, Sukanya Verma raises a toast to the 10 high points of the year.
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