Sources in the know said the government would initiate talks with businesses, including Tatas, shortly for divesting its stake in the national carrier.
Air India owns 32 aircraft, and has 37 aircraft on finance lease; Air India Express owns 17 aircraft on finance lease. The aircraft-related debt of Air India is Rs 16,000 crore; it's Rs 1,100 crore for Air India Express.
Rajya Sabha failed to transact any business for the seventh consecutive day as Bharatiya Janata Party on Tuesday stepped up attack on Prime Minister Manmohan Singh and demanded Law Minister Ashwani Kumar's sacking in the wake of Supreme Court observations on the coal issue.
Parliament failed to transact any business for the fourth consecutive day on Friday with Opposition creating uproar over coal block scam and other issues, stalling proceedings in both Lok Sabha and Rajya Sabha.
Since multilateral trade creates a stable, peaceful world, normalisation of bilateral trade between India and Pakistan will start a series of peace building measures, especially along the bordering areas of both states which is the worst affected from the on-going conflict, say Riya Sinha and Shehzad Poonawalla.
While most brokers have upgraded their backend systems to trade, their front-end systems have not been upgraded. They are not compliant with Sebi's interop circular of November 2018 and no one seems to be either aware of this, nor has anything been done about it so far, explains Debashis Basu.
For the second consecutive day, Lok Sabha on Thursday failed to transact any business as the proceedings remained paralysed, with angry members of the Dravida Munnetra Kazhagam and All India Anna Dravida Munnetra Kazhagam disrupting the House, seeking an international inquiry into atrocities against ethnic Tamils in the island nation.
Chandrakant Khaire said his party -- the partner of the Bharatiya Janata Party in the National Democratic Alliance - was not consulted on the decision of NDA MPs sacrificing 23 days pay to protest the disruptions in Parliament.
While UltraTech Cement has been the biggest value creator adding nearly Rs 99,000 crore to its market capitalisation, Grasim Industries has added around Rs 27,000 crore to its market cap.
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
Parliament failed to transact any business on Monday as the Opposition members created uproar over hike in fuel prices and demanded immediate rollback.
The deal fell as the transaction deadline expired. RBS said that it will wind-down its banking operations in the country.
The Congress surveys, at least until now, have indicated the nationalistic fervour over the Pulwama terror attack is more an effort by mainstream media outlets, like news channels and newspapers, to shape a particular narrative, when the people on the ground are still asking basic questions of livelihood, jobs and better price for farm produce.
The first part of the Budget Session of Parliament concluded on Friday with the Rajya Sabha witnessing a low as some All India Anna All India Anna Dravida Munnetra Kazhagam members broke mikes on the chairman's table.
The Parliament was adjourned till 2 pm after Opposition Bharatiya Janata Party, All India Anna Dravida Munnetra Kazhagam and Congress ally Dravida Munnetra Kazhagam triggered uproar over the alleged land deals by kin of a leading politician and plight of ethnic Tamils in Sri Lanka.
Reddy, a minister during the previous BJP rule, had been arrested by the Central Bureau of Investigation in 2011 over alleged multi-crore illegal mining scam and granted bail three years later.
Any transaction where the value of Indian assets exceeds 50% of the FTC would attract taxes in India.
The decision comes following the appeal by the Delta Airlines, Inc and the Airline Pilots Association of a lower court decision in July 2012 that determined that the Exim Bank improperly approved financing for purchases of certain Boeing aircraft by Air India.
VG Siddhartha's story 'will be a good case study and not a deterrent to those who want to be entrepreneurs. I don't think it will scare young entrepreneurs. I think these cases will make them sensible. They will understand that they have to be very careful about certain things, otherwise, they will have to pay a heavy price.'
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.
Pandey expressed bewilderment over no positive response from the municipal authorities in Mumbai, whom he accused of keeping IPS officer Vinay Tiwari in virtual house arrest, despite being informed about the adverse remarks made by Supreme Court against their action.
The proceedings of Lok Sabha and Rajya Sabha were adjourned for the day on Tuesday amid continuous protests by opposition members over the Pegasus snooping row and farm laws, as they demanded that discussions be taken up on the issues in the House.
Parliament failed to transact any business for the fourth day on Tuesday despite the government's efforts to break the logjam over the issue of Foreign Direct Investment in retail through an all-party meeting.
Debashis Basu lists various reasons why laundering through the stock market thrives.
HSBC Mexico said it paid a 'fine imposed by the National Banking and Securities Commission (CNBV), amounting to MXN 379 million (about $27.5 million), in connection with non-compliance with anti-money laundering systems and controls, including reporting requirements with regard to unusual transactions, as well as other prudential regulations.'
It appears that the BJP government has succeeded in managing the communication of the PNB scam in a manner that its adverse impact on its electoral fortunes is largely contained
'What's the point in lamenting widespread toxic work culture, and the capitalist system that gives rise to it if there is no alternative?' 'Actually, there is,' says Ashish Sharma.
Real, Barca and Juve stand firm on Super League
Even if the government didn't plan for demonetisation properly, it could have taken steps on a war footing later to ensure the situation improves.
One must be extremely cautious while shopping with a credit card.
In fresh trouble for members of the scam-tainted Adarsh Housing Society, which is already under a probe by the Central Bureau of Investigation, the Enforcement Directorate has issued notices to the Society and its members, asking them to furnish information regarding payment towards the purchase of flats. The ED began its probe into allegations of money laundering and benami transactions after facing severe criticism from the Bombay high court.
While Road Transport Minister Nitin Gadkari has been dropped, the panel now has four ministers - Shah, Finance Minister Nirmala Sitharaman, Commerce and Railway Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri.
The controversy over allowing FDI in retail rocked Parliament for the third day on Tuesday with a united opposition forcing adjournment of both the Houses till noon. Shortly after the Lok Sabha met for the day, members rushed to the Well, demanding rollback of the decision to allow FDI in the retail sector. Members of Trinamool Congress, a key partner of the United Progressive Alliance, kept shouting 'Cancel FDI in retail'.
'In my 20 years, I have never seen such high rates.'
'When it is an open ballot, the division taking place in the open house will be for all to see.' 'As they say sunlight is the best disinfectant, this (aspect of the order) brings in transparency and it's in keeping with the best democratic principles.'
The Centre has set a steep divestment target of Rs 80,000 crore for 2018-19. In the first six months, it has managed to mop up less than Rs 10,000 crore.
The proscribed organisations will be examined under heightened security checks at all layers of legal, administrative, investigative and financial regimes, the Dawn newspaper reported.
Amid indications of a stormy Winter session of Parliament, an all-party meeting has been convened by Lok Sabha Speaker Meira Kumar on Thursday to ensure that the sittings were held smoothly.
The 'thanksgiving and feedback' programme will also gauze public mood by asking them about the problems they face.
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