The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.
The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
'Active funds have the ability to manage downside risk.'
Australia head coach Andrew McDonald believes the absence of Mohammed Shami during the marquee Border Gavaskar Trophy next month is a huge loss for India.
Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.
Congress leader Rahul Gandhi alleges that the Election Commission is colluding with the BJP to manipulate elections, citing data analysis from a Karnataka constituency. He claims evidence of 'vote chori' and demands transparency from the EC.
The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.
Taxpayers required to file ITR-2 or ITR-3 can now download the Excel utilities from the I-T department's e-filing portal, fill in their details offline.
In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment.
Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year.
Tata Steel's UK operations, which have largely been a struggle since the acquisition, are expected to turn earnings before interest, tax, depreciation, and amortisation (Ebitda)-positive this financial year (2025-26/FY26) and possibly profitable by the next. Responding to shareholder queries at Tata Steel's annual general meeting, Tata group chairman N Chandrasekaran said, "We expect the UK to perform much better this year compared to last year - it will definitely be Ebitda-positive."
'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
'I now see rates rising again, particularly after recent losses - especially the January wildfires in Los Angeles.'
'The government, if it deems fit, will incorporate the changes in the Bill, take approval from the Cabinet before moving the bill for consideration and passage in the Lok Sabha.'
Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
'The retail industry is still growing in double digits.'
'What we are witnessing is not a freak incidence or a freak occurrence, but a new climate reality where warming oceans, monsoon variability and local geography are combining to produce extreme events.'
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Indian automotive industry leader Sunjay Kapur, chairman of Sona Comstar, passed away suddenly on Thursday. He was 53.
Bharti Airtel and Tata Group have terminated discussions for a merger of their direct-to-home (DTH) business, according to a Bombay Stock Exchange (BSE) filing on Saturday.
'Indian refiners can operate without Russian crude from a technical standpoint, but the shift would involve major economic and strategic trade-offs'
The Indian pharmaceutical industry is likely to benefit from a major wave of patent expiries in the US, as small-molecule drugs worth $63.7 billion are expected to go off-patent between 2025-29, a 65 per cent rise over the previous five years, according to a report by Antique stock broking limited.
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'
'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'
Tata Sons Ltd, the holding company of the $150 billion Tata group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices Ltd (TTSL). This is because TTSL has to pay Rs 19,256 crore adjusted gross revenue (AGR) along with other dues to the central government by March 2026.
The operations of many global carriers, including Qatar Airways, have also been impacted due to the airspace curbs in the wake of the Middle East tensions.
In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
rediffGURU Dr Ganesh Natarajan offers advice on how to build and scale your first start-up.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
A chargesheet filed by Andhra Pradesh police in connection with the Rs 3,500 crore alleged liquor scam mentions former chief minister YS Jagan Mohan Reddy as one of the recipients of kickbacks. The chargesheet alleges a complex scheme involving shell companies, policy manipulation, and extortion to generate funds that were ultimately routed to Jagan Mohan Reddy.
'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
Valuations at current levels have historically corresponded single-digit returns.
'The second Sunday after Sholay's release, Amjad and Shehla had taken Shadaab to Juhu beach. They were strolling leisurely when, to Shehla's shock, he suddenly picked up their son, grabbed her hand and pulled her along, urging her to run. They raced towards their car and had just managed to get in and lock the doors when all hell broke loose. Hundreds started banging on the car, shouting, 'Gabbar Singh bahar niklo!''
What's unforgiving about Season two is the way the ever-so-entertaining Venkatesh Daggubati is under-utilised, complains Mayur Sanap.
'We recently launched Yesintek in the immunology space.'
The Bharatiya Janata Party on Wednesday slammed the Congress government in Karnataka over the deaths in a stampede during Royal Challengers Bengaluru celebrations in Bengaluru, demanding that Chief Minister Siddaramaiah and Home Minister G Parameshwara take responsibility for the incident.
