SpiceJet promoter Kalanithi Maran would need to invest at least Rs 1,500 crore (Rs 15 billion) almost immediately to stabilise the airline.
The dispute over the tax payable for its purchase in 2007 of the 67 per cent stake in Hutch is on an amount of Rs 11,200 crore (Rs 112 billion).
News of all that's transpired on and off the football field
Summary of sports events and persons who made news on Tuesday
A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA.
Its promise has fallen short before the onslaught of the votaries of the old order and ruthless extremist forces, notes Talmiz Ahmad.
'If his three priorities are the economy, the economy, the economy, then there is need for a stable region, a stable neighbourhood.'
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