Air India sale will give a boost to India's privatisation drive, the Economic Survey said on Monday, as it suggested redefining the public sector role in business enterprises to encourage private participation in all sectors. The government earlier this month handed over ownership rights in national carrier Air India to Tata Group for Rs 18,000 crore. The amount includes the takeover of the debt burden of Rs 15,300 crore and another Rs 2,700 crore in cash.
The INS Jalashwa, the Navy's amphibious warship, reached Male on Thursday to undertake the massive repatriation mission named 'Operation Samudra Setu' (Sea Bridge).
The navy is pushing hard for IAC-2 to be a 65,000-tonne, flat deck carrier that is designed and built in India, with technical and tactical consultation from the US navy -- the global masters in aircraft carrier operations.
The base will be used by carriers such as Alliance Air, a subsidiary of Air India, to operate 70-seater ATR aircraft to places such as Bengaluru.
The aircraft carrier, built at a cost of around Rs 23,000 crore, set sail on Wednesday for the crucial sea trials ahead of its planned induction into the Indian Navy by August next year.
'When I realised that I was to take the pictures of Pandit Nehru, I was very nervous and scared.'
December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.
The TDB has decided to appoint 19 lower caste people, including 18 belonging to the scheduled caste and one from the scheduled tribe
Having established its presence in the country, luxury carmaker Lexus is now looking to chart its next phase of growth in India as it looks to consolidate sales network and drive in new models, including fully electric cars in the country, according to a top company official. The company, which is the luxury car arm of Japanese auto major Toyota, initiated operations in India in 2017 and currently sells seven models in the country, including the locally-produced ES 300h sedan. Known for its self charging hybrid cars, the company is now gearing up to drive in battery electric vehicles, besides ramping up its existing product portfolio in the market.
Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.
The government on Wednesday appointed RBI's senior-most executive director M Rajeshwar Rao as the deputy governor of the central bank. Rao was appointed to the post vacated by N S Vishwanathan, who stepped down three months ahead of his extended tenure on health grounds.
The cases pertain to State Bank of India, Punjab National Bank, Andhra Bank, Oriental Bank of Commerce, Indian Overseas Bank, Allahabad Bank, Canara Bank, Dena Bank, Punjab and Sind Bank, Central Bank of India, Union Bank of India, IDBI Bank, Bank of Baroda, Bank of Maharashtra and Bank of India.
The mortal remains of co-pilot Akhilesh Kumar were cremated on Sunday "with attendance from all family members as well as with the officials of Air India and Air India Express present to mark respect to the departed soul at Mathura, his hometown".
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Mr (Gautam) Adani invested in Vizhinjam port when no other viable party was willing to bid.' 'He has also been active in charitable work and CSR projects in our coastal areas.' 'As the local MP, I do not judge the local situation purely through the prism of politics.'
The 30-member team will be headed by Malappuram Additional Superintendent of Police G Sabu, a government release said.
The funeral of Sathe, 58, who was a resident of suburban Chandivali in Mumbai, will take place on Tuesday, said a senior Air India official.
A task force, under the chairmanship of the secretary (tourism), with the secretary (shipping) as co-chairperson, has been constituted to promote cruise tourism in the country, reports Megha Manchanda.
Reader Ashish Shah has sent us a photograph.
Kerala's iconic Thrissur Pooram, considered as the festival of festivals in the state, will be held this week without people's participation, considering the surge in Covid-19 cases in the southern state, officials said Thrissur on Tuesday.
The disinvestment-bound carrier, which is incurring Rs 15 crore loss per day, has huge dues towards oil companies and Airports Authority of India, among others.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Gosavi's photos and videos with actor Shah Rukh Khan's son Aryan Khan went viral on social media after the NCB's raid.
Kerala top the list of state-wise break-up of repatriation requests with 25,246, followed by 6,617 from Tamil Nadu and 4,341 from Maharashtra. A total of 3,715 people from Uttar Pradesh requested for evacuation, 3,320 from Rajasthan, 2,796 from Telangana and, 2,786 from Karnataka.
It looks as if India's plan to have three carrier battle groups, centred around INS Viraat, INS Vikramaditya and an indigenously built aircraft carrier in Cochin shipyard, has suffered a huge setback, reports RS Chauhan
'Please accept our apologies for the inconvenience caused,' the airline added.
The company is set to deliver the first set of 20,000 vials in two equal lots of 10,000 each, one of which will be immediately supplied to Hyderabad, Delhi, Gujarat, Tamil Nadu, Mumbai and other parts of Maharashtra, Hetero Healthcare said in a statement.
In 2020, after the outbreak of the Covid-19 pandemic, several five-star hotel chains commenced home delivery of food as a lot of people preferred to stay indoors. A year later, as the Covid situation worsens, such hotels are going the extra mile to cater for the gastronomical needs of their customers. With health, nutrition, and immunity occupying the mind spaces, these hotels are crafting menus that are not only high on health quotient, but also have food capable of improving the mood. The move, they hope, would help them get more customers as prices are also competitive.
Two passenger ships with Indians and foreign nationals evacuated from conflict-hit Yemen are expected to reach the port on Saturday afternoon.
Starting this October, Air India Express will fly Cochin-Chennai, Cochin-Hyderabad, Cochin-Bangalore, Bangalore-Chennai, Chennai-Kolkata, Hyderabad-Kolkata and Kolkata-Agartala.
Incessant downpour battered several states, including Kerala, Maharashtra and Karnataka, on Friday, with landslips and floods throwing normal life out of gear.
Moving the resolution, Chief Minister Pinarayi Vijayan said the Centre should re-examine its decision and the operation and management of the airportbe handed over to the Special Purpose Vehicle in which the state government has stake.
The girl lending the helping hand won her hearts and accolades, with Hero Cyles taking special note.
The annual Thrissur Pooram, billed as the mother of all temple festivals in Kerala, will not be held this year in the wake of the nationwide lockdown, the Kerala government said on Wednesday. The iconic festival, known for the parade of richly caparisoned jumbos, performance of traditional music ensembles and a sea of cheering people, was to be held at the sprawling Thekkinkadu Maidan in Thrissur city on May 2 this year.
Air Sahara has introduced a daily service from Delhi to Trivandrum via Cochin and a direct flight from Trivandrum to Delhi.
22 bodies, 13 from Kottayam district and 9 from Idukki were recovered from various rain-hit areas while National Disaster Response Force teams continued their rescue operations.
Terror suspect Tahawur Hussain Rana has shot pictures of vital installations at Kochi when he toured the Kerala town, say National Investigating Agency officials.
With development of the Vadhavan port, India will break into the countries with top 10 container ports in the world.
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