In a bid to resurrect Air India privatisation, the government is planning to give flexibility to potential investors to decide on the humongous debt with the national carrier, a top official has said. The flexibility to potential investors on the quantum of the Rs 60,074 crore debt that they want to absorb will replace the current condition of the buyer taking over more than a third of the debt and transferring the rest to a special purpose vehicle, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey said.
A number of other frontline ships, submarines and fighter jets of the three countries will be part of the over week-long drill in the Bay of Bengal which is taking place in the backdrop of a major military face-off between armies of India and China in the Sikkim section.
The Modi government's appalling inefficiency and lack of purpose stand exposed, says Ambassador M K Bhadrakumar.
All of the top news of the week gone by, in photos.
Confronted with competition, state-run logistics companies are opting for joint ventures among themselves and with the private sector.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
The court also wanted to know about the nodal agency that would be entrusted the job of overseeing the dismantling of the Blue Lady, which has already been breached.
The city of Rio de Janeiro cancelled the construction contract for the Olympic tennis centre on Thursday, just 200 days before the start of the games, fining the consortium responsible for delays and breach of contract for the mostly finished venue.
After militants launched attacks on army posts and tried to blow up an army convoy, the military pressed helicopter gun ships to bombard their hideouts in the area, for the first time in recent months.
The death toll due to the coronavirus infection rose to 7,466 and the cases mounted to 2,66,598 in the country.
a look at the devastation caused by the twin blasts reportedly caused by combustible and explosive goods stored in containers at a warehouse in the northern Chinese port city of Tianjin
Rescuers hunting for the crashed AirAsia plane on Friday detected 'pings' believed to be from its crucial black box, a top Indonesian official said, raising hopes of unravelling the mystery of the deadly crash.
Typhoon Meranti, stated to be the world's strongest typhoon so far this year, made landfall in east China's Fujian Province early Thursday, causing widespread destruction.
Thanks to technological support provided by BlinkIN, a Bengaluru-based intelligent visual-assistance company, engineers in Wuhan were able to remotely install air ventilation systems in two hospitals in Wuhan, the epicentre of the coronavirus pandemic, reports Peerzada Abrar.
India has flattened its Covid-19 graph and 146 districts have reported no new case of the viral disease in the last seven days, 18 in 14 days, six in 21 days and 21 districts in the last 28 days, Union Health Minister Harsh Vardhan said on Thursday.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
France's highest court has ordered Le Clemenceau, the decommmissioned aircraft carrier, to stay out of Indian waters, pending a suit by environmental campaigners.
Sical Logistics' board of directors, which met to consider approval of the June quarter financial results, asked the management to come out with recommendations for the same.
By refusing permission for the proposed ship-breaking facility, India can send a categorical message to the foreign ship owning countries that they should keep their own waste and recycle
The commissioning of these ships is of great significance for the Coast Guard, that is the nodal agency for oil spill response in India's Exclusive Economic Zone under the National Oil Disaster Contingency Plan.
The move comes days after the Indian Navy also warned of a possible terror attack from the sea side.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
As the West Bengal chief minister was busy containing the fallout of an internecine feud in her TMC following a rebellion by a redoubtable Suvendu Adhikari, the Centre shot off a fresh letter to her government to immediately relieve three IPS officers for central deputation.
Organisers say the soccer training sessions for children hosted at two refugee camps on the Greek island promote dialogue, respect and tolerance among the young participants, helping to easing stress and nurture friendships.
'The new trains should be fast, but the roll-out of the privatisation plan should be slow and well-considered,' recommends T N Ninan.
A total of 27,920 people have been cured of the disease with 1,685 in the last 24 hours, taking the recovery rate to 34.06 per cent, the ministry said.
The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.
Processes are at an advanced stage for a number of assets of the Centre and central public sector enterprises (CPSEs) to be monetised. The assets include office space, apartments, factories, land, power transmission assets, sports stadia, gas pipelines, and telecom assets.
Pakistan would want to take full advantage of the situation to direct Taliban trained terrorists into the Kashmir Valley, alert Lieutenant General Ashok Joshi (retd) and Colonel Anil A Athale (retd).
As India's international role expands, so must our capabilities, says Brigadier Gurmeet Kanwal (retd).
'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.
Navy divers on Monday resumed efforts to find more wreckage of the ill-fated AirAsia jet with no signal detected yet from the black box recorders, as rescue teams expanded search eastward to locate large objects of the plane believed to be on the ocean floor.
The leaked list contains the name of Union minister Jayant Sinha, who responded by saying that the transactions were not done for any 'personal purpose'.
The company will meet DGCA next week and is putting in place a strategy to contain the damage
'There is no vaccine and no specific antiviral medicines against #COVID19' the World Health Organization tweeted.
Dinesh Karthik and Sheldon Jackson added 85 runs at a fair clip in only 16.2 overs before a sharp evening downpour rendered the outfield unplayable in the rain-hit Duleep Trophy cricket match between India 'Red' and India 'Blue' in Greater Noida on Wednesday. Jackson impressed with a strike-filled, unbeaten 48 off 55 balls, which contained eight hits to the fence.
Nilekani says life has come a full circle for him, as he heads back to the company he co-founded over three decades ago.
