Air India's newly-appointed Chairman and Managing Director Raghu Menon has ruled out a possibility of an initial public offer this year. Instead Air India will approach the Government for infusing more money to strengthen its equity base. Air India would build up a well-considered case before approaching the Government on the matter. Air India was looking at employee stock options (ESOPs). Govt help will be required due to the huge borrowings it had taken to buy new aircraft.
Receiving his body at Palam technical area in New Delhi, his father veteran Subedar Major (Hon captain) S Krishnamurthy said "In spite of losing my son, I would still advise my grandchild who is yet to be born, to join the Army and serve the nation".
He's taking charge of a carrier which is in the midst of dealing with a new reality. The ink on the merger is not yet dry and the internal politics has led to groupism within the senior management. Predictably, management attention has been diverted to handling personnel issues rather than on the core function of running the airline.
The Delhi High Court has summoned Tehelka editor-in-chief Tarun Tejpal and his sister Neena Tejpal in a case filed by well-known painter Raghu Vyas seeking damages of Rs 1 crore for allegedly infringing his copyright of one of his paintings.
Former RBI Governor Subbarao blamed Chidambaram for undermining the autonomy of RBI and putting pressure on him to cut interest rates.
JAM magazine in association with IMS and Airtel is organising a musical extravaganza in Mumbai, Pune, Chennai and Bangalore.
While Maharashtra and Gujarat continue to top the nationwide tally, Tamil Nadu has now crossed the 5,000 mark. The death toll of the southern state has reached 37, with two more women succumbing to COVID-19 during the day.
Saurashtra defeated hosts Karnataka by three runs in a cliffhanger.
Rajasthan earned three points by virtue of its 64-run first innings lead over Karnataka in their Ranji Trophy Elite "A" Group match that ended in a draw in Mysore on Tuesday
The latest updates from Malayalam film industry.
940 children have died this year. A team from NCPCR found the hospital to be in the 'worst condition'. 77 infants had died till December 24 including 10 within 48 hours on December 23-24.
The Mahindra group announced on Friday the sale of the cable accessories division of its Pune-based Mahindra Engineering and Chemical Company Ltd to 3M Electro and Communication India Pvt Ltd.
Rajasthan Chief Minister Ashok Gehlot and some of his cabinet colleagues, including Shanti Dhariwal, figure in the list of 63 Congress candidates for the forthcoming assembly polls, announced by the All India Congress Committee.
A small film made on a shoestring budget is on its way to becoming the surprise blockbuster of 2007.
The Grammy-nominated sitarist talks about first love and life after separation.
After hearing arguments of both the defence and prosecution, the magistrate at the Sessions Court, Chengalpattu, Akbar Ali, reserved the orders for January 27.
Kicking off its Rs 25,000 crore (Rs 250 billion) mega retail plans, Reliance Industries announced on Friday that its first store will come up in Hyderabad in September, which will be a vegetable and food store.
All five students are students of the Indian Institute of Technology.
Robin Uthappa's third century of the season powered Karnataka to 309 for six on the opening day of their Ranji Trophy match against Tamil Nadu.
Key accused Appu alias Krishnasamy and Kathiravan were brought from Cuddalore and Tiruchirapalli prisons respectively and produced before the court.
Telugu actor Mohan Babu completed 40 years in film industry, and he celebrated with a grand event at the Indira Priyadarshini grounds in Visakhapatnam city, Andhra Pradesh.
The complainant, a cop, found the show to be "inimical to the Indian culture"
Within four years of winning a single party majority in the Lok Sabha with 282 seats -- the first time it has happened in 30 years -- the BJP has lost it.
In the coming weeks, online retailers are expected to further raise the pitch with shopping festivals, discounts, and cashback offers.
An unfinished of 119 between keeper Tilak Naidu (84) and Sunil Joshi (36) helped Karnataka reach 301 for 6 against Haryana on the opening day of the Ranji Trophy Elite Group 'A' match.
Raja Bhaiya's father Uday Singh, who was also asked to appear before the court, expressed inability to comply with the directive, citing health reasons.
A MIG-21 fighter aircraft of the Indian Air Force crashed on Tuesday morning in south Kashmir's Anantnag district killing the pilot.
Kanchi Seer Jayendra Saraswathi, main accused in the Radhakrishnan assault case, and 11 others were today given copies of the chargesheet
Pantaloon Retail is eyeing the Rs 30,000 crore (Rs 300 billion) consumer durables retail market, excluding mobile phones and IT products.
Terming it as misconceived, the Supreme Court on Thursday dismissed a PIL seeking CBI inquiry into the circumstances in which Finance Minister P Chidambaram's wife Nalini was engaged as a counsel in tax cases involving huge revenue.
Given the pressure from India Inc and the banking fraternity, it is surmised that the portfolio rejig will take place before April.
A 1-0 victory gave the armymen their third win in four matches in the second division of the National Football League.
Rediff.com's Love Guru has answers to all your relationship problems.
At the BSE, 1,552 stocks advanced, while 1,419 declined and 118 remained unchanged.
The bail petitions of Appu, Kadiravan, Anil and Bhasker have been dismissed. They will also be present on Thursday at the Chengalpattu court.
"We have received complaint from a state yesterday and so far discussed with three states. Too much variations have been reported in results of rapid test kits and RT-PCR kits. We advise states not to use them for the next two days," ICMR's Dr Raman R Gangakhedkar said.
