The Anti-Terrorism Court (ATC) Gujranwala issued the warrant during a hearing in a terror financing case instituted by the Counter Terrorism Department (CTD) of Punjab police against some members of the JeM.
The travel period for which the discount is being offered ends on April 30 next year.
A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.
To cement India's position as a preferred global outsourcing destination, the government on Wednesday liberalised guidelines for voice-based BPOs removing the distinction between domestic and international units as well as permitting interconnectivity between all types of OSP centres. Broadly, the rules would allow global companies, say an airline, with a voice-based centre in India to now serve global and domestic customers with common telecom resources, something that required dedicated, separate infrastructure previously. Moreover, the restrictions on data interconnectivity between any BPO (business process outsourcing) centre of the same company, a group company or any unrelated company has been done away with, allowing for massive flexibility in resource management for BPO operations.
Will Indian democracy benefit from the potential that Shashi Tharoor stores in his mind, spirit and intellect? Or will it be the saga of another leader who promised much but delivered too little, asks Dr Sudhir Bisht.
Mallya said he was being advised by lawyer Harish Salve.
Identifying cyber crime as a major threat, Sebi Chairman U K Sinha recently said such attacks are occurring these days in a more sophisticated manner.
The office of former prime minister Manmohan Singh may have taken a special interest to try and keep afloat Vijay Mallya's ailing Kingfisher Airlines against the run of play, e-mails and letters claiming this and accessed by CNN-News18 indicate.
'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
Country's largest airline has set up a centralised unit to minimise disruptions.
Here's the full text of the statement
United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.
Vistara CEO Phee Teik Yeoh discusses the airline's expansion plans and challenges with Alnoor Peermohamed.
Indian students, who are living and studying away from home, tell us how they are dealing with the COVID-19 crisis and what they discovered on their journey back home.
'Afghanistan is a beautiful country but has no luck as far as lasting peace is concerned'
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
Vijay Mallya has lost control of his companies.
AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.
With passengers flying Indian skies getting more and more unruly, day by day, airlines are forced to stock rope and handcuffs on board and use them as they did the other day on a Dubai-Delhi flight.
United States President Barack Obama on Friday called for an immediate ceasefire between Ukraine's Russia-backed separatists and the government there after a Malaysian passenger jet was shot down by a missile from rebel-held territory, killing 298 people on board.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
The condition of over two dozen people who were admitted to the hospital in Kathmandu is said to be serious.
The consortium led by SBI has also initiated the process of recovery.
With oil prices in a free fall, the airline is looking at regaining some of its lost share.
The lenders have not ruled out selling the property to recover part of their loans to the company.
In a market driven by low fares, premium air carriers may have a tough time.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
The minister said it was important to have a flag carrier.
As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry
In March this year, the banks tried to sell the Kingfisher House in Mumbai to recover a part of their dues.
A total of Rs 30,000 crore was allocated for five years to Air India by the United Progressive Alliance government in its second term.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
For international travel, frequent flyers look at network and Air India's global network is weak.
When the 'god' is angry, look what happens. Sachin Tendulkar, 'God of Cricket' was annoyed and expressed his displeasure on Twitter. Since then, the social networking site is buzzing.
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
Dutch investigator Wilbert Paulissen said the Joint Investigation Team had come to the conclusion that the BUK-TELAR that shot down MH17 came from 53rd Anti-aircraft Missile Brigade based in Kursk in Russia.
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
UK's Cairn Energy Plc plans to bring lawsuits in the US and other countries to pierce the corporate veil between the Indian government and its owned companies such as in oil and gas, shipping, airline and banking sectors, to seize their overseas assets to recover $1.2 billion ordered by an international arbitration tribunal. The firm has moved courts in the US, UK, Canada, France, Singapore, the Netherlands and three other countries to register the December 2020 arbitration tribunal ruling that overturned the Indian government's Rs 10,247 crore demand in back taxes and ordered New Delhi to return $1.2 billion in value of shares it had sold, dividends seized and tax refunds withheld to recover the tax demand. With the government so far refusing to honour the arbitration award and instead choosing to challenge it, Cairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Emanuel Urquhart & Sullivan, a law firm representing the company, told PTI.
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
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