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Air India likely to be handed over to the Tatas today

Air India likely to be handed over to the Tatas today

Rediff.com2 hours ago

The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

Another jolt to Cong: RPN Singh quits, joins BJP ahead of UP polls

Another jolt to Cong: RPN Singh quits, joins BJP ahead of UP polls

Rediff.com1 days ago

I begin a new chapter in my political journey. Jai Hind," he wrote on Twitter sharing his brief resignation letter to Sonia Gandhi.

RIP Subhas Bhowmick: The 'Jose Mourinho' of Kolkata Maidan

RIP Subhas Bhowmick: The 'Jose Mourinho' of Kolkata Maidan

Rediff.com4 days ago

A fearless competitor who used brain and brawn in equal measure, Subhas Bhowmick was one of the most fascinating characters in Indian football through the 1970s with his muscular built and equally expressive carefree opinions.

Asian Games medallist footballer Bhowmick dead

Asian Games medallist footballer Bhowmick dead

Rediff.com5 days ago

Legendary former India footballer and celebrated coach Subhas Bhowmick died after prolonged illness in the wee hours of Saturday, according to family sources.

Can Earth Avoid Killer Space Rocks?

Can Earth Avoid Killer Space Rocks?

Rediff.com7 days ago

Stephen Hawking, in his final book Brief Answers to the Big Questions, considered an asteroid collision to be the biggest threat to the planet. At this point, we are as well prepared as dinosaurs were when a 10-km wide asteroid hit the planet 65 million years ago, notes Kumar Abishek.

Umpire Erasmus to stand in 100th ODI in Paarl

Umpire Erasmus to stand in 100th ODI in Paarl

Rediff.com18 Jan 2022

'We are all servants of the game, but sometimes when milestone are reached, we are recognised, which is really nice.'

What makes 'Lady Al Qaeda' Aafia Siddiqui special for terrorists

What makes 'Lady Al Qaeda' Aafia Siddiqui special for terrorists

Rediff.com18 Jan 2022

Aafia Siddiqui, also known as 'Lady Al Qaeda', is a Pakistani national who was convicted in 2010 by a New York City federal court of attempting to kill US military personnel. She is currently serving an 86-year sentence at the Federal Medical Center, Carswell, in Fort Worth, Texas.

Dhanush-Aishwaryaa's Love Story

Dhanush-Aishwaryaa's Love Story

Rediff.com18 Jan 2022

Dhanush and Aishwaryaa have decided to part ways after being married for 18 years.

The Woman Who Chases Birds

The Woman Who Chases Birds

Rediff.com18 Jan 2022

Rathika Ramaswamy's love affair with wildlife photography began in 2003, when she took pictures of birds at the Bharatpur bird sanctuary. That love affair -- captured in her lens -- bloomed! And how!

How Covid Gave Investors A Booster Dose

How Covid Gave Investors A Booster Dose

Rediff.com15 Jan 2022

COVID-19 forced people to work from home turned into the fuel for new demat accounts, observes Debashis Basu.

Just who is Siddharth?

Just who is Siddharth?

Rediff.com11 Jan 2022

'He is busy building an image on the social media as an anti-right-winger.' 'But remember: An actor is only good at what he was born to do,' observes Subhash K Jha.

Reliance buys New York's premium luxury hotel Mandarin Oriental for $98.15 mn

Reliance buys New York's premium luxury hotel Mandarin Oriental for $98.15 mn

Rediff.com9 Jan 2022

Mandarin Oriental New York, the premium luxury hotel a subsidiary of Reliance Industries is acquiring, is known for its much-in-demand ballroom, five-star spa and eating and drinking venues, including MO Lounge. Liam Neeson and Lucy Liu are among regular guests. Set up in 2003, 248-rooms-and-suites hotel towering over Central Park is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle.

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Sri Lanka, India ink deal to jointly redevelop strategic oil tank complex

Rediff.com7 Jan 2022

Sri Lanka on Thursday signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in the island nation's eastern port district of Trincomalee, in a new milestone in bilateral economic and energy partnership.

TAX GURU: 'Worried about property tax'

TAX GURU: 'Worried about property tax'

Rediff.com4 Jan 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Pakistan's Mohammad Hafeez retires from international cricket

Pakistan's Mohammad Hafeez retires from international cricket

Rediff.com3 Jan 2022

Hafeez represented Pakistan in 392 international matches in which he scored 12,789 runs and took 253 wickets.

Vaishno Devi stampede: The 12 who died

Vaishno Devi stampede: The 12 who died

Rediff.com1 Jan 2022

Seven pilgrims from Uttar Pradesh and three from Delhi were among the 12 people who died in a stampede at Vaishno Devi shrine atop Trikuta hills in Reasi district of Jammu and Kashmir in the early hours of Saturday, officials said.

Antibodies that can neutralise Omicron, other variants identified

Antibodies that can neutralise Omicron, other variants identified

Rediff.com29 Dec 2021

Scientists have identified antibodies that neutralise Omicron and other variants of coronavirus by targeting areas that remain essentially unchanged as the virus mutates.

Air India handover to Tata Group delayed by a month till Jan

Air India handover to Tata Group delayed by a month till Jan

Rediff.com27 Dec 2021

Tata Group's takeover of loss-making national carrier Air India is most likely delayed by a month till January as the completion of procedures taking longer than expected, an official said on Monday. In October, the government accepted the highest bid made by a Tata Sons company for 100 per cent equity shares of Air India and Air India Express along with its 50 per cent stake in ground-handling company AISATS -- the first privatisation in 20 years. At that time, the government had stated that it wanted to complete the transactions, which included Tatas paying Rs 2,700 crore in cash, by December end.

Harbhajan Singh's AWESOME Records

Harbhajan Singh's AWESOME Records

Rediff.com27 Dec 2021

Harbhajan Singh is the first Indian to take a Test hat-trick. He achieved this feat while playing against Australia at Kolkata in March 2001 by dismissing Ricky Ponting, Adam Gilchrist and Shane Warne.

Why India start as favourites to win in South Africa

Why India start as favourites to win in South Africa

Rediff.com26 Dec 2021

South Africa remains one of the very few places where India have not won a Test series, and the Virat Kohli-led side is determined to end the wait this time around.

Pak-India ties: One step forward, two steps backward

Pak-India ties: One step forward, two steps backward

Rediff.com23 Dec 2021

So far, almost every positive development in terms of the bilateral ties has been overtaken by innate hostility that is often driven by popular sentiments.

Pradeep Kumar Rawat appointed as India's new envoy to China

Pradeep Kumar Rawat appointed as India's new envoy to China

Rediff.com20 Dec 2021

Rawat, an Indian Foreign Service (IFS) officer of the 1990 batch and regarded as a China expert, will succeed Vikram Misri.

'Regrets are a massive waste of time'

'Regrets are a massive waste of time'

Rediff.com20 Dec 2021

'If you work hard, persevere and have patience, every setback becomes an opportunity.

Ashes PHOTOS: Australia snare Root to close in on victory in Adelaide

Ashes PHOTOS: Australia snare Root to close in on victory in Adelaide

Rediff.com19 Dec 2021

IMAGES from Day 4 of the 2nd Ashes Test Day-Night Test at Adelaide Oval on Sunday.

Why Air Indias' privatisation sailed & BPCL's is dragging on

Why Air Indias' privatisation sailed & BPCL's is dragging on

Rediff.com19 Dec 2021

Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.

Group Capt Varun Singh's funeral to be held in Bhopal on Friday

Group Capt Varun Singh's funeral to be held in Bhopal on Friday

Rediff.com15 Dec 2021

He was the lone survivor of the crash in which Chief of Defence Staff Gen Bipin Rawat, his wife Madhulika and 11 armed forces personnel were killed.

Verdict on Nirav Modi's extradition appeal likely in Jan 2022

Verdict on Nirav Modi's extradition appeal likely in Jan 2022

Rediff.com14 Dec 2021

The High Court in London on Tuesday began hearing Nirav Modi's appeal on the grounds of his mental health against extradition to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay presided over the hearing at the Royal Courts of Justice to determine whether District Judge Sam Goozee's February ruling in favour of extradition was incorrect to overlook the diamond merchant's "high risk of suicide". The court heard of an additional assurance from the Indian authorities on November 13, which reiterates previous commitments of adequate specialist medical care and an ambulance at hand were Nirav to be extradited to Mumbai.

'Verstappen will always fight, that's in his DNA'

'Verstappen will always fight, that's in his DNA'

Rediff.com13 Dec 2021

Verstappen had started the race level on points with Hamilton but 9-8 ahead on wins, and there were fears a collision could settle the outcome.

Check out the list of Formula One world champions

Check out the list of Formula One world champions

Rediff.com12 Dec 2021

Following's Verstappen's 2021 title win, here's a list of F1 champions over the years...

Modi's Credibility As Reformer In Tatters

Modi's Credibility As Reformer In Tatters

Rediff.com6 Dec 2021

His about-turn in the farm laws proves that he sees everything in just one dimension: Politics. That helps sometimes. But not always, observes T C A Srinivasa-Raghavan.

Anju Bobby George is World Athletics' Woman of Year

Anju Bobby George is World Athletics' Woman of Year

Rediff.com2 Dec 2021

World Athletics added that her efforts in advancing the sport in India as well as inspiring more women to follow in her footsteps make her "more than a worthy recipient" of this year's award.

History Repeats In Paytm Fiasco

History Repeats In Paytm Fiasco

Rediff.com1 Dec 2021

Even if the Paytm fiasco does not mark the end of the bull run, at least some sanity will return to the wild IPO market, observes Debashis Basu.

'I don't indulge in one-upmanship, jealousy and rivalry'

'I don't indulge in one-upmanship, jealousy and rivalry'

Rediff.com29 Nov 2021

'I never allow myself to look anxiously over my shoulder at what my co-star is doing.'

Investing in Thematic funds? Plan entry and exit

Investing in Thematic funds? Plan entry and exit

Rediff.com29 Nov 2021

Investors need to get the timing of entry and exit right to make money in thematic and sector funds, suggests Sarbajeet K Sen.

'Is money received for COVID treatment tax-free?'

'Is money received for COVID treatment tax-free?'

Rediff.com25 Nov 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

UP: Shivpal demands 100 seats for tieup with SP

UP: Shivpal demands 100 seats for tieup with SP

Rediff.com22 Nov 2021

Pragatisheel Samajwadi Party (Lohia) chief Shivpal Yadav on Monday said that his party's priority is to form an alliance with the Samajwadi Party for the upcoming Uttar Pradesh Assembly elections and that it should be allotted 100 seats.

On 82nd birthday Mulayam urges youth to make politics of change a success

On 82nd birthday Mulayam urges youth to make politics of change a success

Rediff.com22 Nov 2021

Samajwadi Party patriarch Mulayam Singh Yadav on Monday said that the country is witnessing 'politics of change' and called on the youth to make it successful.

Why Australia get the better of NZ in ICC tournaments

Why Australia get the better of NZ in ICC tournaments

Rediff.com19 Nov 2021

Hesson, who guided New Zealand to the final of the 2019 ODI World Cup, feels the Australian players also have more experience of playing matches at the big stage than their Kiwi counterparts.

Troy Cooley to be NCA's new fast bowling coach

Troy Cooley to be NCA's new fast bowling coach

Rediff.com17 Nov 2021

Troy Cooley is considered one of the best fast bowling coaches in world cricket. His moment of glory came as England's bowling coach during the historic 2005 Ashes, when the home team's fast bowlers were a nightmare for the Aussie batters.

RS deputy chairman seeks 'sunset clause' for redundant laws

RS deputy chairman seeks 'sunset clause' for redundant laws

Rediff.com17 Nov 2021

Addressing the centenary year celebrations of the All India Presiding Officers Conference organised in the Himachal Pradesh State Assembly, Harivansh suggested various reforms to make law making legislatures more dynamic.

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