The film fraternity turned up to pay their last respects to the legendary driector.
Stormy weather in Tawang continued to hamper the search operations to trace the Pawan Hans helicopter with Arunachal Pradesh Chief Minister Dorjee Khandu on board that went missing on Saturday morning.
A Border Security Force helicopter with three persons on boards crashed on the outskirts of Ranchi on Wednesday.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
A helicopter of state-run Pawan Hans with three persons on board including a senior police officer on Tuesday went missing for a while before being spotted in a dense forest.
Arunachal Pradesh Chief Minister Dorjee Khandu's chopper landed safely at Daporijo on Saturday afternoon, said a government spokesperson.The chopper had gone missing after it took off from Tawang at 9.45 am. The Air Force and the Army has launched search operations to locate the missing chopper.
The helicopter, which had taken off from Guwahati at 1315 hrs, crashed near the helipad on a hilltop in Tawang town falling from a height of 15 metre into the gorge, Pawan Hans sources said.
The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales - except some ongoing strategic ones, including IDBI Bank, which could spill over into next financial year. Also, it may drastically reduce its FY24 divestment target of Rs 51,000 crore. "We are still evaluating the Budget estimates for FY25. "New big-ticket asset sales are unlikely.
The two pilots of a helicopter, which flew Rahul Gandhi in Uttar Pradesh on Monday, were on Wednesday given a virtual clean chit by the Directorate General of Civil Aviation, during a preliminary probe into the alleged violation of air safety rules that fuelled a controversy involving the Congress leader.The pilots of the state-run Pawan Hans Helicopters Limited, who appeared before the DGCA's Air Safety Wing in New Delhi, were cleared by a probe panel.
Four army personnel were killed in a Dhruv helicopter crash in north Sikkim near the Sino-India border, days after a Pawan Hans chopper went down in the northeast claiming 17 lives.
The helicopter, which crashed last September claiming the life of former Andhra Pradesh chief minister Y S Rajasekhara Reddy and four others, was "probably not airworthy", but this was not a contributing factor to the accident, an inquiry has found.
The Civil Aviation Ministry on Thursday night set up a four-member committee to probe the cause of Andhra Chief Minister Y S Rajasekhara Reddy's helicopter crash in which he was killed.
The Union Government will invest Rs 2000 crore (Rs 20 billion) for making Mumbai airport into a world class one, Union Civil Aviation Minister Syed Shahnawaz Hussain said in Mumbai. \n\n
In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.
Filmmaker J Om Prakash passed into the ages on Wednesday morning. He was 92.
In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the Ministry of Home Affairs (MHA) in the first stage of the bidding process. So far, in all instances of CPSE privatisation, the government would seek details regarding security clearance of the bidders at the second stage of the bidding process. This meant that bidders who qualified in the first or the Expression of Interest (EoI) round, were required to seek security clearance from the government while placing their financial bids.
The Bharatiya Janata Party on Wednesday named 72 more candidates for the Lok Sabha elections, including Union ministers Nitin Gadkari, Piyush Goyal and Anurag Singh Thakur, and former chief ministers Manohar Lal Khattar, Trivendra Singh Rawat and Basavaraj Bommai.
With the disruption caused by the second wave of Covid-19 pandemic, the 'fear of unknown' is looming over the government's privatisation drive. Although there is a lot of uncertainty and unpredictability on how things will unfold, the government is hopeful of completing the transactions listed in the Budget with a delay of one to two months, said a top government official. However, "there are many unknown factors now, and we do not know whether there could be a third wave. But we are trying to carry on with our work", the official said." Since there is a lot of uncertainty, the estimates will have to be revised as rating agencies are revising their outlook for growth.
Modi's 'UDAN' project faces fund crunch as too many airlines have come on board
Fifty-nine per cent of reserved tickets on Indian Railways are now booked online.
It was touted as a game changer but big-ticket privatisation has been a mixed bag as the government faces unanticipated challenges of lukewarm investor response, employee union agitation and legal hurdles. Prime Minister Narendra Modi's often-repeated statement 'the government has no business to be in business' guided the drawing up of an ambitious privatisation pipeline. While Air India sale succeeded, Bharat Petroleum Corporation Ltd (BPCL) divestment failed.
Sheetal Jain worked with Amitabh Bachchan for 40 years.
There are about 400 unused airports and airstrips across the country.
Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in four strategic sectors. "It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said. Modi also said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has "no business to be in business".
A high pressure, highly inflammable gas leak was on Saturday reported at a well state-owned ONGC was drilling at its prime Mumbai High oil and gas fields, off Mumbai coast.
Air India sale will give a boost to India's privatisation drive, the Economic Survey said on Monday, as it suggested redefining the public sector role in business enterprises to encourage private participation in all sectors. The government earlier this month handed over ownership rights in national carrier Air India to Tata Group for Rs 18,000 crore. The amount includes the takeover of the debt burden of Rs 15,300 crore and another Rs 2,700 crore in cash.
The Centre is likely to privatise profit-making enterprises, reversing its previous position of first closing or merging loss-making state-run units. The NITI Aayog, which is in the process of selecting public sector units for privatisation, is likely to put out its first list, focusing on companies in non-strategic sectors, along with those that have got Cabinet approval for stake sale, or are in final stage of due diligence. "The shortlisted firms will be put out in three-four tranches, with the first list comprising non-strategic ones, followed by strategic sectors with a focus on privatisation and not divestment," said a senior government official privy to the plan. He said the first report was expected in early April. The think tank approach is in sync with the government's new strategies on privatisation and asset monetisation.
'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of State for Finance Anurag Singh Thakur said on Monday.
A Pawan Hans helicopter on Tuesday made an emergency landing on a road due to inclement weather at Gohpur Balijan in Sonitpur district near the Assam-Arunachal Pradesh border.
The government has tweaked the income tax laws to make it easier for the new owners of loss-making public sector undertakings (PSUs) to carry forward the accumulated losses and set them off against future profits. This will result in significant tax savings for the new owners if they are able to turnaround operations of the ailing PSU within a few years. This will, in turn, boost the post-tax earnings and returns for the new owners.
Sushant Singh Rajput was cremated in the presence of family and friends.
Re-rating of Bharat Petroleum Corporation, Container Corporation, Shipping Corporation, SAIL, and Hindustan Copper, for which the government has already shown intent to divest its stake, possible now, say analysts.
With the new owner shelling out Rs 18,000 crore for the buyout of 'Maharaja' this would be the highest ever amount garnered through privatisation or even the cumulative sum garnered through strategic sale in 1999-00 to 2003-04. The government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs.
Singer-composer Bappi Lahiri, who popularised disco music in India in the 1980s and 1990s, has died following multiple health issues. He was 69.
The President has accepted many other recommendations, including making announcements on Indian aeroplanes in Hindi followed by English.
As the weather cleared in the morning, Navy, Coast Guard, Air Force and Union Territory administration started a joint evacuation drive and brought back all stranded tourists to Port Blair from Havelock and Neil islands of the Andaman and Nicobar archipelago.
After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
The government on Monday budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including 2 PSU banks and one general insurance company, in the next fiscal year beginning April 1. The amount is lower than the record Rs 2.10 lakh crore which was budgeted to be raised from CPSE disinvestment in the current fiscal year. However, the COVID-19 pandemic impacted the government's CPSE stake sale programme, and the target has been lowered to Rs 32,000 crore in the Revised Estimates.
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