The National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of bankrupt-Jet Airways to the Jalan Kalrock consortium and gave the winning bidder more time to pay the dues to the creditors. The latest rulings have come on two petitions filed by the consortium. One plea pertained to approval of transfer of ownership and the second one related to extension of time for the payment of dues to the creditors. Earlier, the tribunal had given time till November 16, 2022 for the consortium to make the payments to the creditors of the airline.
A SpiceJet spokesperson said, 'On May 1, SpiceJet Boeing B737 aircraft operating flight SG-945 from Mumbai to Durgapur encountered severe turbulence during descent which unfortunately resulted in injuries to a few passengers.'
Navy said the landing demonstrated India's capability to design, develop, construct and operate indigenous aircraft carrier with indigenous fighter aircraft.
Indian Navy on Wednesday said its ships and aircraft remain 'mission deployed' for maintaining enhanced surveillance and undertaking maritime security operations.
The Tridents squadron which is now also known as the "Defender of the North" has replaced the MiG-21 squadron at the Srinagar air base which has traditionally been responsible for taking care of the threat from Pakistan.
The resumption of two-carrier operations signals India's return to the elite clutch of navies that have the ship platforms and experience for operations that simultaneously involve more than one aircraft carrier.
Prime Minister Imran Khan addressed a ceremony held at Pakistan Air Force base Minhas Kamra in Attock district of Punjab province to induct the new fighter jets.
The Spicejet aircraft took off at around 12.10 pm, and according to residents of localities adjacent to the airport, who claimed to have witnessed the spectacle, it caught fire immediately.
"The experience was incredibly enriching, significantly bolstering my confidence in our country's indigenous capabilities, and leaving me with a renewed sense of pride and optimism about our national potential," he said.
All You Want To Know About The 1999 Hijack.
SpiceJet on Tuesday said shareholders have approved the transfer of its cargo and logistics services business to a subsidiary, on a slump sale basis, through an all-share deal worth over Rs 2,555 crore, a move that will help the airline to significantly reduce its negative networth. Besides, the shareholders have cleared the proposal to raise up to Rs 2,500 crore through the Qualified institutional placement (QIP) route. These developments also come at a time when the airline industry is slowly recovering after being battered by the coronavirus pandemic.
'The greatness of India can be experienced by meeting Indians on the frontiers of India.' 'Every citizen on the border is a soldier'
'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'
Sara shows off her shades... Regina's new adventure...Vidyut goes to Florence...
Pooja Kataria, a passenger on the IC-814 flight hijacked in 1999, says viewers should approach the recently released web series based on the incident as entertainment rather than sparking controversy.
The number of domestic air travelers in India grew 2.42 per cent year-on-year (Y-o-Y) in April, reaching 13.2 million, according to data by the Directorate General of Civil Aviation (DGCA) on Tuesday.
'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'
Two B-1B Lancer supersonic heavy bomber jets of the US Air Force on Tuesday joined the American exhibits at Aero India at the Yelahanka air base, in a reflection of the deeper strategic ties between the two countries.
Air Marshal Denzil Keelor was an Indian Air Force legend. His nephew Basil Keelor, son of another war hero Wing Commander Trevor Keelor, remembers a remarkable officer and gentleman.
The Madras high court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the high court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the high court as the liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co v Madhu Woollen Industries (P) Ltd, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," Justice R Subramanian said in his order on Monday and directed the private carrier be wound up and the official liquidator take over its assets.
Sayani's travel dressing is stylish yet very functional.
With the arrival of the three jets, the size of the Rafale fleet has increased to 14.
It will be the third time LA will host the Olympic Games in the modern era, after being the host city in 1932 and 1984.
Jet fuel prices on Friday were hiked by 2 per cent - the seventh straight increase this year - to an all-time high, reflecting a surge in global energy prices. Aviation turbine fuel (ATF) - the fuel that helps aeroplanes fly - was hiked by Rs 2,258.54 per kilolitre, or 2 per cent, to Rs 1,12,924.83 per kl in the national capital, according to a price notification by state-owned fuel retailers. There was, however, no change in the price of petrol and diesel on Friday.
Passengers are not allowed to walk on the Delhi airport's tarmac area as it is a security risk. There is a demarcated path on the tarmac for vehicles only.
SpiceJet on Monday said the seat belt sign was on and multiple announcements were made by crew members asking passengers to remain seated on its Mumbai-Durgapur flight on Sunday.
A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Harish Salve that SpiceJet would try to resolve the issue with the Swiss firm. "Senior counsel Harish Salve sought three weeks' time for trying to resolve the matter and Mr K V Vishwanathan (appearing for the Swiss firm) also agreed to the adjournment. "Meanwhile, the high court order is stayed for three weeks," the bench, also comprising justices A S Bopanna and Hima Kohli, ordered.
Cheetah will have to spend their entire air transit period empty stomach, a senior Indian forest department official said on Tuesday.
The National Company Law Tribunal on Tuesday approved the Jalan-Kalrock Consortium's resolution plan for the bankrupt Jet Airways.
Australia's Defence Ministry on Sunday claimed that a Chinese fighter jet's aggressive manoeuvres endangered an Australian reconnaissance plane near the South China Sea.
The Centre on Tuesday urged the Supreme Court not to hear this week the pleas on the vexed legal question of whether a husband should enjoy immunity from prosecution for the offence of rape if he forces his wife, who is not a minor, to have sex.
The Chinese aircraft have been regularly flying close to the LAC in the last three to four weeks which is seen as an attempt to probe the Indian defence mechanism in the area.
US-based co-working operator WeWork, Lowe's India, SpiceJet and startups like CureFit stepped in to offer employment to the distressed workers at Jet.
The pilot ejected safely and a court of inquiry has been ordered to ascertain the cause of the accident, the IAF said in a brief statement.
Amid a massive global outage that hit operations of airlines, banks and businesses across the globe, Microsoft on Friday said that it is aware of the issue affecting Windows devices due to an update from a third-party software platform.
The sources said that during the boarding, the male passenger behaved in an unruly manner and touched the female cabin crew member inappropriately.
When Jet Airways shut operations, the slots which were allocated to it were temporarily distributed among various airlines. And, the airlines that were called upon to immediately create infrastructure so that the public at large does not face any hardship have invested huge amounts of money to created infrastructure to utilise such slots. "In view of this, though the allocation of slots to such airlines is temporary the same can't be withdrawn from them without any legitimate basis.", the affidavit said.
Staff Sergeant Geri Gideon Hanghal was a resident of Nof HaGalil and a soldier in the Kfir Brigade's Nahshon Battalion, the Israeli Army said.
'The actual amount due to Jet Airways employees is Rs 1,200 crore, and the management is giving only Rs 52 crore.'
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