A tax dispute stemming from a 15-year old transaction has adversely impacted India’s efforts to project itself as an investor friendly destination. ThePrint explains
Calling Air India an 'alter ego' of the Indian state & therefore liable for sovereign’s debts, Devas filed plea in New York asking the airline to pay the amount or forfeit its US property.
The order also stated that reinstated pilots would have to be paid back wages and extending term of contractual pilots would be at the discretion of Air India based on performance.
Oswald Raphael Rodrigues and Bhavesh Javeri were the only passengers on Air India and Emirates flights to Dubai, respectively. In April, Mumbai-Dubai was among busiest international routes.
Cairn Energy has sued Air India in the US to recover its $1.2 billion arbitration award. This has raised questions around the stake sale of the national carrier.
Indian Commercial Pilots Association had demanded vaccination camps across the country for the flying crew on a priority basis amid the second wave of the pandemic.
Modi govt is of the view that 2nd Covid wave won't cause major economic disruption like it saw last year. Officials confident of Air India & BPCL sale 'in next few months'.
While main elements behind terror module have been nabbed, more arrests will take place, including some professors & academicians who were part of the ring, it is learnt.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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