'Inflation is not good for industry. Nor for the economy as a whole.'
Coimbatore-based Paramount Airlines will start operations by the first week of September, connecting Kochi and Delhi, sources said on Wednesday.
Keeping their players' "safety and security" in mind, Mohun Bagan Super Giant have decided against travelling to Iran for their AFC Champions League 2 match against Tractor FC owing to the existing volatile situation in the west Asian nation.
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.
Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.
The all-business-class carrier Paramount Airways is planning to increase its fleet fourfold by 2011 to 20 air planes at a time when major airlines are grounding aircraft and adopting low-cost model.
Virat Kohli arrived at the United Kingdom heartbroken but the Manchester blast has failed to break his unwavering focus on cricket, as the India captain geared up for a tournament that is of 'paramount importance'.
An alleged attack on a Marathi-speaking family by a government employee in Thane district sparked outrage in the Maharashtra Assembly, where the BJP-led government assured justice and condemned the incident. Opposition parties demanded immediate action against the accused, Akhilesh Shukla, and his wife, who have been arrested. The incident has raised concerns about discrimination against Marathi people and fueled tensions in the state.
The Supreme Court on Tuesday said it will lay down guidelines for all citizens and not for any particular community on the issue of demolition of properties.
The Supreme Court on Thursday refused to entertain a plea alleging contempt of its order on demolition of properties by the authorities in Uttarakhand, Rajasthan and Uttar Pradesh.
It was learnt that 35 registered players, including seven foreigners, wrote to the club that they didn't wish to go to Iran.
The event's ambitious Guinness World Record attempt will have scores of participants assembling to create a colossal human image of a bird, adorned entirely in pink.
Paramount Airways, the Coimbatore-based private airline, is in an advanced stages of negotiations with aircraft manufacturers Airbus and Boeing for a $1 billion order of 15 wide-bodied aircraft. The deal is likely to be announced shortly.
Paramount Airways, the Madurai-based full service airline, is planning to acquire 40 more made-in-Brazil Embraer jets at a list price of $2 billion in a bid to have a pan-India presence.
Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.
World men's number one Jannik Sinner has been cleared of fault or negligence by an independent tribunal after failing two drug tests in March, the International Tennis Integrity Authority (ITIA) said on Tuesday.
Incidents of violence rocked Assam's Samaguri assembly constituency where by-elections will be held on November 13 with both the ruling Bharatiya Janata Party and the opposition Congress alleging that gunshots were fired targeting each other's supporters over the last 24 hours, police said on Sunday.
Paramount Airways plans to expand its fleet from the present five to 20 by 2009-end, M Thiagarajan, managing director said on Friday.
Billionaire Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house Walt Disney and formed a joint venture with a valuation of over Rs 70,000 crore. The JV will be one of the largest media and entertainment companies in India with a combined revenue of approximately Rs 26,000 crore and will be led by Nita Ambani as its chairperson, according to a joint statement.
Chennai-based Paramount Airways plans to expand its route network as it inducts ten aircraft in its fleet by December this year, an airline official said.
State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.
In the current season, T20Is are least priority for the Indian team with the World Test Championship points with the five-match series against Australia being topmost on the agenda.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
The fully business-class airline is to commence services to 35 more cities, increasing its domestic routes to 50 by the end of 2010. Delhi is one of the new planned destinations, so are Imphal, Bhubaneswar, Ranchi, Bhopal, Nagpur, Porbander and other places in Gujarat. This is in addition to the earlier announced plans of launching services to Kolkata, Guwahati and Agartala, connecting these to the south Indian cities of Chennai, Coimbatore and Kochi.
Two days after violence broke out during a court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, life is gradually returning to normal with schools reopening and shops resuming operations. Internet services remain suspended and authorities continue to monitor the situation closely with restrictions in place on entry of outsiders and public representatives. The area around the Shahi Jama Masjid remains deserted, while the police investigate the violence and make arrests.
The observations were made by a bench comprising Chief Justice DY Chandrachud and Justice Manoj Misra during the hearing of an appeal filed by the City and Industrial Development Corporation, Navi Mumbai against a Bombay high court verdict.
He was a formidable musician but seemed utterly human, a Peter Pan who wore his genius with deceptive lightness. Sandip Roy remembers Ustad Zakir Hussain.
Britain's wealthiest family, the Hindujas, have said they were 'appalled' by a Swiss court's ruling of jail terms for some members and have filed an appeal in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers from India at their villa in Geneva.
Paramount Airways has ruled out buying a budget airline in India to expand operations as the company feels this would not be an attractive proposition for its business model.
The airline is inducting two more 70-seater Embraer planes, which will be based in Bangalore and will be used to connect Bangalore and Chennai with Pune and Goa, and then other cities in western India.
Aiming at launching international services, all-business-class carrier Paramount Airways on Friday placed a $1.5 billion order for acquiring 10 Airbus A-321 aircraft with each of them costing over $900 million.
Karra, who became the J&K Congress chief last Friday replacing Vikar Rasool Wani, said a call is already there for all secular parties who are opposed to the "hegemonic attitude" of the BJP to unite.
Low cost scheduled airline Paramount Airways will take to the skies in August and operate to all the secondary cities across the country, its M Thiagarajan managing director said.
Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.
Neeraj Chopra said he is focussing on training and strengthening his blocking leg.
Police have launched a probe into the killing of former Maharashtra minister Baba Siddique from different angles, including a possible contract killing, business rivalry or threat over a slum rehabilitation project, officials said on Sunday.
'I want to do some things, like take my mum on the Orient Express to Venice.'
A meeting of Aam Aadmi Party MLAs will be held on Tuesday morning, and Delhi Chief Minister Arvind Kejriwal is likely to tender his resignation after it, the party said.
