Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
Aseem Chhabra remembers Master Chef Floyd Cardoz who died of coronavirus in New York on Wednesday.
Karen Edwards and her partner Shaun Bayes, both experienced backpackers, took their baby girl Esme on a cross continent trip when she was a mere 10 weeks old.
'Since the rise of the Modi-Shah paradigm, the BJP has followed a simple formula.' 'Sweep the Hindi heartland and the two big Western states, and you can rule India with a majority by just adding some little bits on the platter from here and there,' points out Shekhar Gupta.
Unless we bring about substantive changes, we cannot expect to alter the current situation where low-productivity and low-wage jobs dominate the landscape, the government think-tank observes.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
India's cue sports champion Pankaj Advani is in seventh heaven after adding yet another world title to his kitty following his World Billiards Championship triumph in the 150-up points format.
'While they were respectful of the PM, it was clear that as ministers, they owed their positions as much, if not more, to Mrs Gandhi.' 'When attacks were mounted on the PM, there was very little coordinated effort by the Congress, UPA ministers or other politicians to speak up in his favour and strongly defend him.' B K Chaturvedi, Cabinet Secretary during the early years of UPA1, reveals how the Manmohan Singh-Sonia Gandhi equation worked. A riveting excerpt from Chaturvedi's memoir, Challenges Of Governance: An Insider's View
'What was previously buried in the sands of time now gets buried by the weight of banality,' notes Sreehari Nair.
Simona Halep and Caroline Wozniacki will compete for high stakes in Saturday's Australian Open final, having each needed to save match points to prevent a premature exit at Melbourne Park.
'He proved that a small nation could do what even bigger nations could not think of and that was his greatest gift to the next generation.'
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
The retail sector seeing a sharp rise in FDI flows is one where the Modi government's policy is not clear and has got a little muddled by its political ideology.
Ram Sumiran Pal arrested in Delhi; hunt for two others on.
Summary of sports events and persons who made news on Tuesday
Given that India will get a huge part of its oil supplies from Iran through its government-owned oil PSUs, any unwelcome shocks in global crude rates could be absorbed well enough.
The RBI in November released a framework for large foreign banks with more than 20 branches to convert into wholly owned subsidiaries.
'Predictions are that numbers will continue to rise till May end and maybe in the first half of June will be our peak.'
In July alone, 2.5 tonnes of gold coins were imported so far from South Korea under zero-duty facility
It was a fun year. I did a lot of fun things. I got Australia back in the world group of the Davis Cup, won a couple of titles, so it's been a good year so hopefully I can back it up in 2017
When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.
'If Myanmar falls to China, let it.' 'Sooner or later the rulers of the country will have to call New Delhi.'
Tatsuma Ito and Michal Przysiezny claimed the biggest wins of their careers at the Japan Open on Tuesday when the local wildcard knocked out top seed Stan Wawrinka and the Polish qualifier saved match points to beat Jo-Wilfried Tsonga.
'When users sign up for free apps and services, they are giving up data. They fail to realise the impact of their data in the public domain, which is something that corporations have been monetising on for some time now.'
F1 CEO and chairman Chase Carey reiterated that Asia is a "tremendously" important region for the sport and India figures in their scheme of things for the future, if not now, with the calendar already packed till next year.
Vaihayasi Pande Daniel discovers Ross Island where the clock can never be turned back.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
Maria Sharapova made a powerful start to the new tennis season on Tuesday, crushing Kazakhstan's Yaroslava Shvedova 6-0, 6-1 at the Brisbane International on Tuesday.
Whatever be India's course of action, it will have an impact on India-Iran ties, notes Aveek Sen.
'Does the country risk being enclosed in a geographical cocoon if it spurns a multi-continent project for which everyone else has signed up,' asks T N Ninan.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
Delhi's ritzy Terminal 3 is on the global top 5 list on social media and the first among Asian airports on social media.
A summary of sports events and persons who made news on Thursday.
As 2018 draws to a close and the white noise of 24-hour news cycles and Twitter storms fade into the background, it is already clear that history will remember only a handful of those people, each of whom has taught us something about ourselves and the rapidly changing world in which we live.
Caroline Wozniacki 0-6, 6-3, 7-5 and advance to the last four at WTA Finals on Friday, the Frenchwoman topping the Red Group after top seed Simona Halep lost later in the day.
'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
Prime Minister Narendra Modi had invited ASEAN leaders to be the chief guests.
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