At a hearing before Master David Cook at the Queen's Bench Division of the court, Mallya's legal team sought a dismissal of the interim order.
'We have the technical expertise, and international collaborations. We also have robust real-time data. We are a university of pandemic management. If the ministry neglects the role of NCDC, it is the loss of the country'
Confirming the sale, senior executives of public-sector banks said there was no court directive yet to stop selling shares.
The summons was issued to Mallya under provisions of the Prevention of Money Laundering Act in connection with the IDBI case.
A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before it by Mallya for liquidation, and thereby payment to creditors 'preferably not later than three months'. It will be interesting to see the view of the London high court, if the settlement of his dues to Indian creditors is imminent, reports Ashis Ray.
The Dhaka to Kathmandu US-Bangla Airlines flight, with 67 passengers and four crew members on board, caught fire after it careened off the runway and ploughed into a football ground near the Tribhuvan International Airport on Monday.
'I used to tell my wife to pack extra food in my tiffin so that I could at least offer that to my colleagues who were living on vada pav.'
Singapore is the most favoured destination for people living in India, Indonesia, Thailand, Hong Kong and the Philippines when it comes to post-lockdown travel.
The company has charted out a three step process in achieving the target
UB Holdings had appealed to the bench, of judges Dilip B Bhosale and B Manohar, to let it use Rs 13 crore (Rs 130 million) from a Rs 380-crore (Rs 3.8 billion) deposit to pay a month's salary to employees of the grounded airline and Rs 47 crore (Rs 470 million) to settle tax dues on capital gains made from the sale of a stake in United Spirits to London-based Diageo that got it Rs 1,460 crore (Rs 14.6 billion).
Al-Nahayan wants govt assurance on protection of its foray, meets Anand Sharma.
In 2011, the Gurgaon-based airline placed an order of 180 narrow-body Airbus aircraft, including 150 fuel efficient A320neo and 30 A320s.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
Air India's decision to buy five Boeing 787-9 is illogical.
In 2012, Diageo had paid Rs 3,635 cr directly to Mallya for his 19.3% stake in United Spirits.
On Wednesday, the collector had issued an order in favour of the 17-banks consortium led by SBI to take physical possession of the villa
The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd.
According to state government data, the first 10 months of last year -- January to October 2020 -- witnessed 2,649 murders in Bihar, an average of nearly nine murders a day.
Air India, Jet Airways and United fly to these airports from Mumbai and Delhi.
Licence suspension would be revoked only after stakeholders are convinced of the airline's revival plan, say sources.
There will be more airlines joining the fray next year.
The MoU is a separate agreement entered into with the ministry that is more broad-based.
Air India plans to induct all these 19 aircraft between this fiscal to March 2018.
A bench of Justice Vibhu Bakhru, which later decided to hear the matter on Thursday again, also said that the ailing airlines can be allowed to be represented by a lawyer in the proceedings to be conducted by the PSU bank against it.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.
Kingfisher House is one of the prime real estates of the airline.
The founder of the dreaded terrorist group Jaish-e-Mohammed undergoes regular dialysis at an army hospital in Rawalpindi in Pakistan.
Grounding increases govt carrier's fuel cost by Rs 40 lakh daily, forces changes in schedules.
While most of these commanders quit the airline for better prospects, some of them also parted ways due to the work culture
United Spirits had earlier forked out a loan of as much as Rs 1,350 crore to UB Holdings.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
Using flight search, travellers in the US, Canada, the UK, the Netherlands, Spain, France, Italy, Germany, Poland and Ireland will be able to explore and compare flights to and from any of Etihad Airways 103 destinations.
The airline, part of Vijay Mallya-led UB Group, has been grounded since October 2012, after being bogged down by huge and mounting losses.
Proceeds may be used to partly pay off its Rs 46,570-cr debt
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
Sathe had suffered multiple injuries on his skull in that incident, but due to his strong will power and passion he cleared the test and started flying again, his cousin said.
Naresh Goyal only gave an undertaking not to sell any of his 51% stake in return for raising working capital debt from PNB.
Reacting to former President APJ Abdul Kalam's statement that he has not received any communication from Continental Airlines, the United States-based airline on Thursday said that they want to apologise personally to him."Since he is not in Delhi, we are waiting for him to return so that we can apologise personally to Dr Kalam," the airline said.The development came shortly after Dr Kalam said that he is yet to receive an apology from the airlines, for frisking him.
SBI had moved the Debt Recovery Tribunal because Mallya owes over Rs 7,200 crore to a consortium of banks led by State Bank of India
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