The Maharashtra government has formally acquired the iconic Air India building in south Mumbai for Rs 1,601 crore, completing the transfer of agreements from Air India Assets Holding Company to the state Public Works Department.
The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.
Outgoing Air India CEO Campbell Wilson stated that the airline's foundations have been rebuilt over the last four years, but non-delivery of aircraft on schedule has significantly impacted growth and fleet modernisation. He also revealed he has no plans to take up another full-time executive position after stepping down.
Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.
India's first escalator, its shortest elevator, a terror attack, a rescue operation -- the building's seen a lot.
The Maharashtra government has become the owner of iconic Air India building with the Union government approving transfer of the asset on Thursday. The Maharashtra government bought the Air India building at Nariman Point in Mumbai for Rs 1,601 crore. "GoI has approved transfer of Air India building, Mumbai of AI Assets Holding Company Ltd (AIAHL) to Government of Maharashtra (GoM) at consideration of Rs.1601 cr. GoM has agreed to waive dues of Rs. 298.42 cr, which would have been otherwise payable by AIAHL to GoM for this transaction," DIPAM secretary Tuhin Kanta Pandey said in a post on X.
India has strongly condemned Pakistan's recent air strikes on Afghan territory, which resulted in civilian casualties. The Ministry of External Affairs labelled the strikes a "blatant act of aggression" and a "direct threat" to regional peace, reiterating India's support for Afghanistan's sovereignty.
The civil aviation ministry on Monday said all probable causes leading to the Air India plane crash in June last year are being investigated, and all efforts are being made to complete the probe in a time-bound manner.
Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for Rs 1,601 crore. The decision was taken at a meeting of the state cabinet in Mumbai. The meeting, chaired by Chief Minister Eknath Shinde, also decided to waive off around Rs 250 crore unrealised income and interest on the property, an official said.
A year after the Air India Boeing 787-8 Dreamliner crash in Ahmedabad that claimed hundreds of lives families continue to mourn while the crash site stands as a stark reminder of one of India's worst aviation disasters.
Viswashkumar Ramesh, the lone survivor of Flight 171 which crashed a year ago in Ahmedabad, has spoken out about his ongoing struggles with 'sleep, anxiety and difficult memories,' highlighting the profound and lasting impact of the disaster.
A lesson for India is to clearly define objectives beforehand, so that the adversary or other parties do not attempt to mitigate them midway.
Ahmedabad's Chief Fire Officer, Amit Dongre, reflected on the Air India flight AI-171 crash a year ago, describing the 10-hour rescue operation as the most challenging in his 22-year career, despite the tragic loss of 260 lives.
'We're always looking at how we can keep improving, keep getting better, and keep learning.'
Residents of Meghaninagar vividly remember the explosion that shook the neighbourhood on the afternoon of June 12, 2025. An Air India Boeing 787 Dreamliner bound for London had crashed into the hostel blocks of B J Medical College. A massive fire broke out, sending clouds of smoke into the sky.
The IAF's future operational concepts could involve indigenous Tejas combat aircraft coordinating in real time with multiple Ghatak RPSAs, each carrying a different mission payload ranging from electronic warfare systems and targeting sensors to precision munitions.
Pawale faces punishment ranging from five years to a life sentence, or even a death sentence.
More than 200 passengers on a Singapore-bound Air India plane had a harrowing time at the Delhi airport as they were first deboarded from the aircraft due to cabin temperature issue and were later flown to their destination after a delay of nearly six hours.
If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).
India's armed forces, including the Army, Navy, and Air Force, extensively participated in yoga sessions across the country to commemorate International Day of Yoga. From high-altitude regions to parade grounds, thousands of personnel, their families, and cadets engaged in various asanas, highlighting yoga's role in promoting physical fitness, mental resilience, and holistic well-being.
Shubman Gill praised pacer Gurnoor Brar and left-arm spinner Harsh Dubey for their impressive debuts in India's one-sided victory over Afghanistan in the rain-curtailed first ODI.
INOX Air Products has commissioned a new ultra-high purity liquid oxygen facility in Hosur, Tamil Nadu, to support India's growing semiconductor and solar manufacturing sectors, reducing reliance on imports.
'In the inspections, no issues were found with the said locking mechanism.'
According to a source, the flight was to be operated with a Boeing 787-9 plane.
Providing an update on the flight that crashed carrying 242 people including 12 crew members onboard, the senior Ahmedabad police officer stated that about 70 per cent to 80 per cent of the crash site had been cleared.
Aviation regulator DGCA has issued four show cause notices to Air India for various violations related to cabin crew rest and duty norms, cabin crew training rules and operational procedures, a month after the airline made certain voluntary disclosures to the watchdog.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.
Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.
How India overcame umpteen odds to reintroduce the cheetah on its territory after the handsome cat became extinct in the country decades earlier.
As Shastri Bhawan nears demolition, one of Delhi's most iconic government buildings leaves behind six decades of stories, power, journalism and public life.
Pramila Patil, mother of crew member Maithili Patil, who died in the ill-fated Air India plane crash on June 12, reacted to the preliminary report of the Aircraft Accident Investigation Bureau and said Air India can't cause such negligence.
Made in India: A Titan Story chronicles the history of the homegrown watch brand Titan, highlighting its journey from challenging a conservative market to becoming a successful consumer brand, driven by the vision of Xerxes Desai and the mentorship of J R D Tata.
Air India's CEO defends the fitness of pilots and aircraft after a preliminary report into the crash of flight AI171 raised questions. He urged against premature conclusions as the investigation continues.
While the Andaman and Nicobar islands serve as a vital, stationary asset for projecting power in the Indian Ocean, referring to them as an unsinkable aircraft carrier ignores key military and geopolitical limitations, explains Commodore Venugopal Menon (retd).
IPL 2026 champions Royal Challengers Bengaluru have no immediate plans to follow rivals and buy franchises in overseas leagues, co-owner Satyan Gajwani said.
The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.
Researchers at IIT Bombay have discovered that heatwaves in the Indo-Gangetic Plains are primarily caused by local land and weather conditions, rather than hot air originating from elsewhere, emphasising the need for location-specific early warning systems.
Congress leader Rahul Gandhi on Friday said the government's argument that the Great Nicobar Island Project is about defence and a trans-shipment port is a "lie", and alleged that it is actually about benefiting one businessman so that he can build hotels and casinos on India's most irreplaceable ecological land.
