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Govt expects winning bidder for Air India by June-end: Sinha

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The government expects to complete the privatisation of Air India by year-end and the winning bidder is likely to be known by the end of June, Union minister Jayant Sinha said today. The debt-laden carrier, which is staying afloat on taxpayers’ money, would be put up for sale as “four different entities”, while private players can have at least 51 per cent stake in the airline. The Minister of State for Civil Aviation said the information memorandum for the proposed strategic disinvestment of Air India would be issued in the…

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NEWS CATEGORIES WORLD NEWS 

Clashes in Maldives after court orders politicians released

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Opponents of the Maldives government clashed with police on the streets of the capital today, demanding the release of imprisoned politicians whose convictions were overturned by the Supreme Court. Last night court ruling ordered the release of the politicians, including exiled ex-President Mohamed Nasheed, saying their guilty verdicts had been influenced by the government. Hundreds of people celebrated in Male, the Indian Ocean archipelago’s capital, by waving the country’s flag, but police dispersed the crowds using pepper spray and batons. Rocks were thrown at police and at least one injured…

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NEWS CATEGORIES WORLD NEWS 

Tough task for Tillerson in Mexico, south of Trump’s wall

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Washington’s top diplomat was to sit down today with the leader of the country that President Donald Trump has perhaps disparaged more than any other, the United States’ neighbor Mexico. As he confronts the first stage on his first Latin American tour since being named secretary of state, former oilman Rex Tillerson will talk trade, crime and immigration with President Enrique Pena Nieto. Before setting off, Tillerson laid out a vision of the US and Latin America — the “democratic hemisphere” — working together to build a prosperous future, but…

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NATIONAL NEWS NEWS CATEGORIES 

GST commissioner, eight others arrested in bribery case

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The CBI has arrested a commissioner of the Goods and Services Tax (GST) department from Kanpur and eight others, including his staff and private officials, in connection with an bribery case. According to agency sources, Sansar Chand, a 1986-batch Indian Revenue Service officer, posted as the commissioner, two superintendents of the department, one personal staff and five private people were nabbed by the CBI in a late-night operation spread across Kanpur and Delhi. They said it is alleged that the commissioner was a “habitual” offender, taking bribes from businessmen on…

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NATIONAL NEWS NEWS CATEGORIES 

Railways rethinking on flexi-fares: Goyal

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The Ministry of Railways is having a rethink on flexi-fares and bringing in a dynamic pricing system that will help increase occupancy and enhance revenues, Railway Minister Piyush Goyal said today. Replying to questions in the Rajya Sabha, he also said his ministry was planning a major overhaul of the obsolete signalling system currently being used and to introduce latest technology. During the Question Hour, some members raised questions about the flexi-fares, with BJP member Ram Vichar Netam saying there were times when the prices rose to a quite high…

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BUSINESS NEWS CATEGORIES 

Sensex crashes 840 pts on Budget woes, Nifty below 10,800

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Benchmark Sensex plummeted 840 points on Friday — its biggest single-day fall in two-and-a-half years — while the NSE Nifty ended below the 10,800-mark as the post-Budget sell-off continued for the second straight day. The Budget 2018-19 presented on Thursday imposed long- term capital gains tax of 10 per cent on equities. Investors will also have to pay 10 per cent tax on distributed income from equity-oriented mutual funds. Market mood suffered another setback after Fitch Ratings on Friday said high debt burden of the government constrains India’s rating upgrade.…

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NEWS CATEGORIES SPORTS 

History awaits Dravid’s boys at U-19 World Cup Final

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Unstoppable so far, India would be aiming to rewrite record books with a fourth title when the Rahul Dravid-coached side squares off against an equally formidable Australia in the final of the ICC Under-19 World Cup, here tomorrow. India and Australia are the two most successful teams in the history of the tournament having won the coveted trophy thrice each. But come tomorrow, Dravid’s sprightly boys will be desperate to outwit their Australian counterparts and become the first team in the history of the event to lift the trophy for…

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ENTERTAINMENT NEWS CATEGORIES 

George Clooney reveals how he met wife Amal

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Actor George Clooney has opened up about he met his wife Amal Clooney. The “Money Monster” actor said he “didn’t leave the house” when he met his future wife during an appearance on Netflix’s “My Next Guest Needs No Introduction”, hosted by David Letterman. “A mutual friend of ours said, ‘I’m stopping by and can I bring my friend?’ And I was like, ‘Of course.’ (Then) I got a call from my agent, who called me and said, ‘I met this woman who’s coming to your house who you’re gonna…

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LEGAL NEWS NEWS CATEGORIES 

Kunduli rape victim’s brother seeks probe against 11 officers

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The brother of an alleged gangrape victim at Kunduli who committed suicide today filed a suit against 11 state government officials in a court here, alleging negligence on their part. The Superintendent of Police, Koraput, and the DIG (south-western range) are among the officials against whom the case was filed in the court of the district and session cum-special judge, Jeypore. Bhagaban Chatti complained that the officials did not inquire into his sister’s case properly and accused them of gross negligence in discharging duties. He sought an inquiry against the…

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LEGAL NEWS NEWS CATEGORIES 

Fire: Kamala Mills director moves HC, seeks quashing of case

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A director of Kamala Mills Ltd has approached the Bombay High Court seeking to quash the culpable homicide case registered against him in connection with the December 29 fire in the Kamala Mills compound that claimed 14 lives. Ravi Bhandari’s petition was mentioned yesterday before a division bench of Justices B R Gavai and B P Colabawala and posted for hearing after two weeks. The bench pointed out that pendency of the petition shall have no effect on the hearing of the bail plea filed by Bhandari before a sessions…

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