Tata Group's takeover of loss-making national carrier Air India is most likely delayed by a month till January as the completion of procedures taking longer than expected, an official said on Monday. In October, the government accepted the highest bid made by a Tata Sons company for 100 per cent equity shares of Air India and Air India Express along with its 50 per cent stake in ground-handling company AISATS -- the first privatisation in 20 years. At that time, the government had stated that it wanted to complete the transactions, which included Tatas paying Rs 2,700 crore in cash, by December end.
On second day of his visit, Modi will also meet Moshe Holtzberg, the Israeli child who as a toddler survived the 26/11 attack.
The Israeli diplomat also underlined that the objective of the attack was to cripple the Indian society, economy and culture, as well as the growing bilateral relationship between India and Israel.
Eminent jurists react over Vice President M Venkaiah Naidu's decision to reject opposition's impeachment notice against Chief Justice of India Dipak Misra.
The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
What was the need to fictionalise a series on real events that were far more horrific because they were real? asks Vaihayasi Pande Daniel.
A notice by the office of Supreme Court Secretary General also said that the report of the committee constituted as part of the in-house procedure is not liable to be made public.
Ten terrorists of Pakistan-based Lashkar-e-Taiba carried out 12 coordinated shooting and bombing attacks lasting four days across Mumbai. At least 166 people, including six Americans and nine terrorists, were killed and over 300 others were injured in the attacks which began on November 26, 2008.
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. Following that, on October 11 a Letter of Intenet (LoI) was issued to the Tata Group confirming the government's willingness to sell its 100 per cent stake in the airline.
Devika survived a bullet injury on her leg and was one of the eye-witnesses to identify the lone-captured terrorist of the attacks -- Ajmal Kasab.
'At any point did you find out why Sheena had not disclosed her true relationship with Indrani?' Rahul: 'Sheena had told me as her grandparents were dependent on Indrani financially (and if she told the truth) her grandparents would suffer.' 'She had slapped Sheena the night before which she was very not happy about.'
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
The SC on Wednesday restrained all high courts from entertaining any petition challenging validity of NJAC act meant to replace the two-decade-old collegium system.
The CBI chief's advocate said there was no basis for the Central Vigilance Commission to pass such an order recommending to send him on leave.
'The government must covertly eliminate the leaders of terrorist organisations abroad so as to eliminate the problem at its roots,' recommends Brigadier Gurmeet Kanwal (retd).
The Supreme Court today dismissed a PIL seeking that the Leader of Opposition status in Lok Sabha be granted to Congress party, saying it cannot decide political issues filed under the garb of Public Interest Litigation.
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
26/11 survivor Anamika Gupta on her unforgettable encounters with the terrorists.
The Supreme Court on Friday granted bail plea to All India Anna Dravida Munnetra Kazhagam chief J Jayalalithaa, who is lodged in a Bangalore jail after her conviction in the disproportionate assets case.
The Supreme Court on Monday refused to pass an interim order on a fervent plea of the Congress against "illegal" swearing-in of its rebel leader Kalikho Pul-led government in Arunachal Pradesh.
Fugitive diamantaire Nirav Modi's sister and brother-in-law have "turned approvers" in the over $2 billion PNB fraud case against him and they will help the Enforcement Directorate confiscate assets worth Rs 579 crore, including Swiss bank deposits, the agency said on Thursday. Forty-nine-year-old Nirav Modi, who is currently lodged in a London jail, his uncle Mehul Choksi and others are being probed by the Enforcement Directorate (ED) in the Punjab National Bank (PNB) money laundering case since 2018. The diamond merchant's younger sister Purvi Modi (47) is a Belgian national while her husband Maiank Mehta is a British citizen. They are stated to be based abroad and have never joined the probe.
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
Indiabulls plans to redo the main Mantralaya building, the administrative building opposite to it and around 50 row bungalows, which currently house judges and ministers, to make way for a few iconic buildings of seven-star category.
Taking Karnataka to task for its repeated "defiance" by flouting its orders for release of Cauvery water to Tamil Nadu, the Supreme Court on Friday asked it to discharge 6,000 cusecs water from tomorrow till October 6, warning no one would know when the "wrath of the law" would fall on it.
Kamala Das was one of the finest and truest poets of her generation.
Justice S A Bobde, the senior-most judge of the Supreme Court, along with N V Ramana and Indira Banerjee will conduct an in-house inquiry into the allegations of sexual harassment levelled against Chief Justice of India Ranjan Gogoi.
Open an overseas account with the click of a mouse, invest in the Nikkei/Hang Seng, buy property in Dubai
Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.
Cyclone Nisarga slammed Maharashtra coast with wind speeds of up to 120 kmph, making landfall at 12.30 pm at Alibaug near Mumbai. The process was completed by 2.30 pm, a senior India Meteorological Department official said. Alibaug witnessed wind speeds of up to 120 kilometres per hour. It weakened into a 'deep depression' late on Wednesday evening, the IMD said.
'Not providing a copy to the complainant while holding her complaint to be unfounded would be a violation of the principles of natural justice and a complete travesty of justice'
Reserve Bank of India's offices in Mumbai and Navi Mumbai will remain open on Thursday but commercial and cooperative banks will remain closed to public on account of half-yearly closing of their accounts.
No other foreign leader seems to have been extended such a warm welcome by an Israeli Prime Minister in the past few decades.
Office space on mill land in central Mumbai expected to reach 16 mn sq ft by 2021.
The Lashkar-e-Tayiba operative also revealed about his training while he deposed in front of a Mumbai court via video link.
The inquiry by will not deal with the allegations of sexual harassment against the CJI.
Govt says coastal road is meant to decongest Mumbai, experts believe it would be counter-productive.
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
Following objection from petitioners who claimed conflict of interest.
Little Moshe survived the terror onslaught because of his brave Indian nanny Sandra Samuels.
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