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Top Headlines: Niti Aayog pushes for sale of Air India, Rs 30,000cr debt write-off

May 31, 2017 , , , , ,
Times of India

Daily Newsletter | Wednesday, May 31, 2017
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Niti Aayog pushes for sale of Air India, Rs 30,000cr debt write-off
Niti Aayog’s 4th report has detailed a possible roadmap for Air India disinvestment, which includes writing off loans to the tune of Rs 30,000 crore. AI has debt of around Rs 60,000 crore, which includes around Rs 21,000 crore of aircraft-related loans and around Rs 8,000 crore working capital.
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India, Germany are made for each other: PM Modi
PM Modi said, We’d like to be seen as positive partners. He said, India would support Germany on its goals for the coming G20 summit in Hamburg, where Merkel is hoping for support from key countries to counter Trump’s scepticism of climate change.
Merkel and Macron key to Modi’s Europe strategy
PM Modi is using his Schengen visa cleverly. After his meetings with German Chancellor Angela Merkel, Modi’s enduring message is this – India wants a cohesive Europe and a strong leader in Germany. Addressing a press conference with Merkel, Modi said, “the cohesiveness of EU is very important”.


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Tollywood director Dasari Narayana Rao dies at 75
All movie theatres and movie shoots in Telangana and Andhra Pradesh have been called off on Wednesday as a sign of mourning for Dasari Narayana Rao’s death.
Girls’ squad helps police bust sword smuggling ring in MP’s Gautampura
When a teenaged girl marched into Gautampura police station with key information about weapons being stored in nearby jungles, the policemen could not comprehend that it would open doors for busting a major arms racket.
A week without Internet leaves Saharanpur residents in the dark
Following several incidents of caste-related violence in the district, the Saharanpur administration had suspended internet facilities indefinitely from May 24. Legitimate and law-abiding users, including students, have been having a tough time ever since. CBSE and ICSE results were declared on Sunday and M


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Career stagnation, layoffs pushing IT professionals to go in for multi-skilling
The recent IT layoffs have spurred software professionals with three-eight years of experience towards having multiple skills in their kitty.
After US setback, now IT firms seeing opportunity in China
Even as Indian IT firms are facing setbacks in the US market, a new opportunity is opening up in China which is keen to invite them to participate in the Big Data sector.


Champions Trophy: India beat Bangladesh by 240 runs in warm-up tie
A supremely assertive India on Tuesday humiliated Bangladesh by 240 runs in a warm-up game and geared up for the ICC Champions Trophy in an emphatic fashion, sounding a warning for arch-rivals Pakistan.
Murray sweeps into French Open second round
World number one Andy Murray overcame a second-set blip to defeat Russia’s Andrey Kuznetsov 6-4, 4-6, 6-2, 6-0 in the French Open first round. Murray finished runner-up to Novak Djokovic at Roland Garros a year ago
We wanted to give Dinesh Karthik a longer run: Kohli
A mighty pleased Virat Kohli on Tuesday hinted at the possibility of including Dinesh Karthik in the playing XI when India lock horns with Pakistan in their big-ticket ICC Champions Trophy opener on June 4.


Amul inks MoU with ISRO for fodder acreage estimation
Amul today said it has signed an agreement with ISRO for fodder acreage assessment using satellite observation and space technology. Under the MoU, ISRO will help in identification between food crops and fodder crops at village level.
Adani Australian coal project back on track with royalty deal
Adani Australia, part of the Ahmedabad-based Adani group, has reached an agreement with the Queensland provincial government on royalty payments to put the company’s $16.5-billion Carmichael coal project back on track.
Jet Airways net profit falls 64% in FY 17
Rising oil prices have hit Indian carriers’ bottom-lines badly. Jet Airways Group saw its net profit for FY 2016-17 at Rs 438.4 crore, down 63.8% from previous fiscal’s profit of Rs 1,211.65 crore.


Pics: Shahid Kapoor is a doting dad to Misha
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Copyright 2017 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

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