The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
Jet Airways CEO-designate Sanjiv Kapoor on Monday said the new management does not want to be "in a rush" to restart operations while asserting that the airline will be unique and different. The ownership transfer of the airline under the insolvency resolution plan is facing hurdles over differences between the winning bidder and lenders. "We don't want to be in a rush," Kapoor said.
Aditya-L1 will be launched by PSLV-C57 rocket on September 2 at 11:50 am. It carries seven payloads to study the Sun, four of which will observe the light from the Sun and the remaining three will measure insitu parameters of the plasma and magnetic fields.
'The situation in Nuh could have easily returned to normalcy if the trader class wished so, but they didn't.'
While political experts claim that the Modi Magic is missing in the 2024 general election, the common people in the street -- at least those in the crowd on Thursday -- vow that they will vote for Modi and the candidate who contests the election doesn't matter much.
As many as 44 flights to and from the Kempegowda International Airport in Bengaluru were cancelled owing to the Karnataka bandh over the Cauvery water sharing issue with Tamil Nadu, airport authorities said.
Restrictions on the movement of the people in parts of Srinagar, some areas in north Kashmir and four districts of south Kashmir, which were imposed on Saturday morning, continued to remain in force on Thursday.
The IMD has issued Yellow alert for Thiruvananthapuram, Kollam, Pathanamthitta, Alappuzha, Kottayam, Ernakulam, Idukki, Thrissur, Malappuram and Kozhikode districts for today whereas Wayanad too has Yellow alert on May 22.
Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.
Amid layoffs and a severe cost-cutting, Twitter has closed offices in Delhi and Mumbai and asked staff to work from home, according to sources. The micro-blogging platform's Bengaluru office that largely has engineering staff remains operational, the sources said. The Delhi and Mumbai offices shuttered a few weeks ago, with remaining staff now working from home, sources privy to the matter said.
Roads are being expanded, bridges are being built, hotels are springing up, and the crowds are pouring in. Bringing with them promise of unforeseen economic boom. Ayodhya, it seems, has opened up its heart, Saisuresh Sivaswamy/Rediff.com discovers on his first day in the city.
Japan's Sumitomo Realty & Development Company will buy a 22-acre land parcel in central Mumbai from Bombay Dyeing for Rs 5,200 crore, the Wadias-run company said on Wednesday. The sale of the land parcel in Worli is one of the biggest land sale transactions in the history of the financial capital.
A red alert was declared in 8 districts of Kerala on Thursday by the India Meteorological Department (IMD) as rains continued to lash various parts of the state and disrupted the day-to-day lives of the people as roads got flooded or caved in and many got displaced from their homes to relief camps.
The heavy rains led to water level in various dams in the state rising to the red alert mark, prompting the government to open one of the shutters of Cheruthoni dam of Idukki reservoir in the afternoon.
A peace march was taken out in Doda district, where 19 Hindus were killed, to express solidarity with families of the victims.
Swami Darshan Bharti, the founder of "Devbhoomi Raksha Abhiyan" which had allegedly pasted threatening posters on shops run by Muslims in the communally tense Purola, on Friday claimed that he has received a death threat.
Local station house officer Ashok Chakravarty said the decision to not offer namaz in public place was taken by the community itself after a meeting was held on Wednesday to maintain peace.
Pasta procured in Italy cooked up with lightly braised vegetables that can be mimicked in India.
800 gets so lost in celebrating its grand subject that it forgets something pretty elementary: Cricket is a team sport!, notes Sreehari Nair.
Thousands of people joined a public rally organised by Nagaland People's Action Committee (NPAC) on Friday to demand an early solution to the Naga political issue.
Mobs killed a cleric in a late night attack on a mosque, torched an eatery and vandalised shops as communal violence that began in Haryana's Nuh spilled over into Gurugram, taking the death toll to five, the police said on Tuesday.
Activists of the Swarajya Sanghatana on Wednesday smeared black paint on the signboard of Karnataka Bank at its branch in Nashik city of Maharashtra amid a simmering border dispute between the two states.
In fresh violence in Manipur, two houses were torched by a mob in Imphal East district after two armed miscreants forced people to shut their shops on Monday afternoon, police officials said.
A red alert indicates heavy to extremely heavy rains of over 20 cm in 24 hours, while an orange alert means very heavy rains of 6 cm to 20 cm of rain.
India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Although Credit Suisse is more relevant to India's financial system than Silicon Valley Bank (SVB), it has very limited operations, according to a report by Jefferies India. The Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivatives market and funded 60 per cent of assets from borrowings, of which 96 per cent are up to two months.
Rumours are flying that several people were killed and injured in police action in the town, hours after a bandh called by Indigenous Tribal Leaders Forum (ITLF) concluded at 4 pm.
Clicking pictures under the streetlight or during the day is pure joy with the OnePlus 11, says Ashish Narsale.
Kashmir's first INOX multiplex in Srinagar's Somwar area will be thrown open to the public next week.
In signs of increasing differences, Jet Airways' winning bidder Jalan Kalrock Consortium on Tuesday asked the airline monitoring committee's authorised representative Ashish Chhawcharia not to issue any communication on behalf of the grounded carrier without approval of all the members of the committee. Amid the continuing uncertainty over the fate of Jet Airways, which shuttered operations in April 2019, the consortium on Tuesday wrote a letter to Chhawcharia. The latest development comes more than a week after Chhawchharia reportedly shot off a letter to Sanjiv Kapoor, asking him to refrain from using the title of CEO as he was only a CEO-designate.
Jet Airways is in an advanced stage of talks with aircraft makers and lessors to lease planes and expects to restart operations in the coming weeks, according to executives at the airline. The once-storied carrier is now under the ownership of the Jalan-Kalrock consortium and its air operator certificate was revalidated by aviation regulator DGCA in May this year. The executives said the operations of Jet Airways will commence before the end of this year and the initial fleet plan is close to being finalised.
Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday inaugurated the valley's first multiplex in Sonawar area of Srinagar, ending the three-decade wait of the movie buffs to watch their favourite stars on the big screen.
It's a pity that all the cricketing brains in the dugout -- Brian Lara, Muttiah Muralitharan, Kumar Sangakkara and Dale Steyn in coaching roles -- cannot convert performances out in the middle.
The posters were put up on the shutters of the shops late on Sunday evening, Purola station house officer Khajan Singh Chauhan said.
Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.
The government on Wednesday extended by three months its programme to provide free rations to the poor at a cost of Rs 44,762 crore as it looked to ease pain from high inflation and make political gains in the upcoming Gujarat elections.
The Reliance Fresh store was closed in Warangal on Wednesday after scores of Telangana Rashtra Samithi cadres staged a protest outside the store, alleging the company's entry into retail trade had hurt the livelihood of small traders.
Lakshya Sen, returning from a break, suffered a first round exit, while Treesa Jolly and Gayatri Gopichand entered the pre-quarters of the Asia Badminton Championship.
Of these four flights (except Qatar Airways) returned to Kozhikode airport as the weather condition in Kozhikode gained normalcy.
