The BCCI is looking at the September-October window for hosting the IPL, which has been postponed indefinitely due to the pandemic.
Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.
Indian airline Go First is considering legal action against Pratt and Whitney (PW) for failing to provide compensation after March 2020 for planes grounded due to engine supply delays, sources said on Thursday. About 90 per cent of the airline's fleet of aircraft uses PW engines. About 24 of the airline's 55 planes are grounded due to delays in engine supply by PW.
Punjab Kings failed to live up to expectations under Anil Kumble, finishing in the lower half of the points table in the two seasons of IPL under him.
Calls for boycotting Chinese products have intensified after 20 Indian soldiers were killed in the Galwan Valley clash on June 15. The Chinese have so far refused to share details of the casualties they suffered.
Rahul's ascendancy to captaincy was expected after Ravichandran Ashwin was traded to Delhi Capitals last month.
Wadia Group-owned Go First Airways' (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as they look to gain bankrupt airline's market share, said analysts. On the bourses, shares of InterGlobe Aviation hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday's intra-day trade, before settling 4.5 per cent higher at Rs 2,164 apiece. Those of SpiceJet and Jet Airways, meanwhile, rallied up to 6 per cent in the intra-day trade, and ended 1 per cent and 5 per cent higher, respectively, following the development, which was announced post market hours on Tuesday.
The decision was taken in a high-level review meeting chaired by principal secretary to prime minister PK Mishra.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
Before you catch a brawny Prabhas as the Prince of Ayodhya in its VFX-heavy edition, Sukanya Verma looks at the many, many on screen portrayals of Ram over the years.
Many argue that the airline could achieve its full potential if Nusli Wadia were to run it the way he does Britannia.
'There were literally thousands of houses with cracks.' '40 percent of the town has been affected.'
The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings and interim moratorium on financial obligations while aircraft lessors vehemently opposed the petition. Amid the airline facing severe financial crunch and cancelling flights, a two-member NCLT bench comprising Justice Ramalingam Sudhakar and Member L N Gupta heard the arguments for and against the petition for nearly four hours. As aircraft lessors opposed the plea, the counsels for Go First said the petition was not a malicious one to avoid payment of dues to its creditors but to save the company.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
Two teams of glaciologists will head to Joshimath-Tapovan on Monday to study the causes of massive flood caused after a part of the Nanda Devi glacier broke off in Uttarakhand's Chamoli district, the director of the Wadia Institute of Himalayan Geology said.
'And he was really trying just to do the best by the shareholders, and by the laws of India.'
The BCCI should consider postponing the IPL, says Kings XI Punjab's owner Ness Wadia even as BCCI president Sourav Ganguly says 'status quo remains'.
The statements on Joshimath are creating confusion not only among affected residents but also among citizens of the country.
'It is the Indian Premier League after all. We should be proud of what we have, which is a wonderful national anthem and a wonderful league. In NBA too, national anthem is played before every game'
From the numerous small and big shops in the main markets to the residential properties, vehicles, and billboards, posters with the slogan 'NTPC go back' have come up around the town in Uttarakhand's Chamoli district over the past few days.
In Delhi, Union Home Minister Amit Shah assessed the situation in Joshimath and steps taken to ameliorate people's hardship at a meeting attended by Union ministers Nitin Gadkari, R K Singh, Bhupendra Yadav and Gajendra Singh Shekhawat and top officials.
Anil Kumble was also keen to retain Ashwin, who captained the side in the previous two editions.
With Cricket Australia repeatedly stressing on the "unrealistic" challenge of hosting the 16-team T20 World Cup in October-November, the likelihood of having the IPL has increased significantly in a year thrown haywire by the COVID-19 pandemic. The ICC recently pushed its final decision on the T20 World Cup to next month but the BCCI has already zeroed in on the September-October window for the tournament.
KXIP is one of the eight franchise teams to have competed in the last edition of the T20 league in the UAE.
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
Glaciers in the Karakoram region are in a stable condition, but those feeding the Ganga and the Brahmaputra river basins are melting at a faster rate, the earth sciences ministry has said.
'Joro shoro se rescue operation chal raha hai.'
Many families in the affected area are finding it hard to sever their emotional ties with their homes and move out.
Loans for Indian airlines have dried up as banks have become cautious to lend to the sector.
The number of subsidence-affected homes rose to 678 while 27 more families were evacuated to safety, a bulletin from the Disaster Management Authority in Chamoli said, adding so far 82 families have been shifted to safe locations in the town.
'Geological processes occur at time scales that are beyond human imagination, but we need to understand these events.'
IPL side Punjab Kings have joined forces with private entity Round Table India (RTI) and crowd funding platform ketto.org to help provide oxygen concentrators to COVID-19-affected patients.
Kaushik Khona's second innings at GoAir will be more challenging than the first. Globally, the aviation industry is in deep distress because of the pandemic, reports Aneesh Phadnis.
'The problem is that all this reconstruction work is being monitored by the prime minister himself with inputs being provided directly by the PMO so nobody in the state government dare contradict them even if their suggestions are totally contrary to what the ecology of this region requires.'
Kings were runners-up in 2014 and finished in third-place in the inaugural season. They finished sixth in the 2020 edition, held in the UAE.
A naturally reclusive nature and a conviction for the work to do the talking meant there was very little known about Mistry even during his time at the helm of Tata Sons. He did not do a single media interview from Bombay House.
One of Fearless Nadia's most famous scenes had her fighting the bad guys on top of a speeding train! She was often showed working out in a gym, which apparently contributed to a fitness craze at the time as well. Getting to know Fearless Nadia.
Samajwadi Party patriarch Mulayam Singh Yadav is among six personalities chosen for this year's Padma Vibhushan.
'Cracks continue to appear in more and more houses.' 'We believe the government is not going to tell us the truth.'
Failure to reinstate salary even two years after the drastic cuts has landed the airline industry in a massive industrial relation crisis. While employees of Air India had organised a strike back in 2011, it is for the first time that private airlines are facing serious stress related to workers. IndiGo witnessed two of them, back to back. In the first instance, around 50 per cent of the IndiGo flights were delayed as a large number of crew members went on mass sick leave, apparently to participate in a rival airline's walk-in job interview.
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