Starting November 12, Vistara will fully merge with Air India. As part of the merger, Singapore Airlines will acquire a 25.1 per cent stake in the newly consolidated Air India.

Global Fintech Summit 2024, Avani Lekhara, Air India & Vistara merger and more

Realty firm Lohia Worldspace will invest about Rs 200 crore to develop a 10-acre housing project in Moradabad, Uttar Pradesh, marking its entry into real estate business.
This will be the company's first real estate project, comprising 175 luxury villas.
Lohia Worldspace is the real estate arm of the diversified Delhi-based Lohia Global, a privately held company with an annual revenue of around Rs 1,200 crore.
Established in 1979, the Group has four businesses - handicraft exports, electric vehicles, tiles and solar energy. Now, it has entered into real estate business to monetise its land bank of around 200 acres across various cities in North India.
"Our vision with Lohia Worldspace is to create homes that are modern, meaningful, and rooted in thoughtful design," said Pyush Lohia, Director, Lohia Worldspace. The project cost is estimated at Rs 200 crore and expected to be delivered by 2029.
Pyush said there is a huge demand for premium homes in Moradabad market.
Last year, Lohi

Lohia Worldspace is the real estate arm of the diversified Delhi-based Lohia Global, a privately held company with an annual revenue of around Rs 1,200 crore

A tribunal has allowed GMR and Adani Airport to include non-aero revenue in tariff model, boosting earnings at Delhi and Mumbai airports; flyers and airlines may face higher charges as a result

ISRO on Saturday said it has successfully completed the development of Service Module Propulsion System (SMPS) for Gaganyaan Mission with the completion of the qualification test programme.
A full duration hot test of SMPS for 350 seconds was conducted to validate the integrated performance of the SMPS for flight off-nominal mission profile of the Service Module based mission abort on Friday.
Gaganyaan mission is India's first human spaceflight mission in the making.
"The overall performance of the propulsion system during the hot test was normal as per pre-test predictions," ISRO said in a statement.
According to the space agency, "The Service Module (SM) of Gaganyaan is a regulated bi-propellant based propulsion system that caters to the requirements of the Orbital Module for orbit circularisation, on-orbit control, de-boost manoeuvring and Service Module based abort during the ascent phase."
The Liquid Apogee Motor (LAM) engines provide the main propulsive force during the orbi

Gaganyaan mission is India's first human spaceflight mission in the making

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The WHO release follows India's proposal on the subject, leading to the development of WHO's first-ever roadmap for applying AI in traditional medicine

A month after the Air India plane crashed on the bustling medical hostel complex near Ahmedabad airport, charred trees, soot-covered walls, and empty buildings now serve as grim reminders of the deadliest aviation accident in a decade.
On that day, Air India flight AI 171, a Boeing 787-8 aircraft en route to London Gatwick, crashed into the BJ Medical College hostel complex shortly after take-off from Sardar Vallabhbhai Patel Airport.
The aircraft burst into flames, killing 241 out of 242 people onboard and 19 individuals on the ground, including several BJ Medical College students.
At the time of the crash, many medical students and resident doctors were either in their hostel rooms or gathered in the mess for lunch.
The tail section of the aircraft rammed into the mess building, turning an ordinary afternoon into a horrific scene of fire and destruction. Wreckage was scattered across the hostel grounds, and thick soot still clung to the damaged buildings.
One month later, barrin

The aircraft burst into flames, killing 241 out of 242 people onboard and 19 individuals on the ground, including several BJ Medical College students

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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Global Fintech Summit 2024, Avani Lekhara, Air India & Vistara merger and more

Starting November 12, Vistara will fully merge with Air India. As part of the merger, Singapore Airlines will acquire a 25.1 per cent stake in the newly consolidated Air India.

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