Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City.
This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC).
In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.
Tata Group-owned Air India, which has embarked on an ambitious transformation plan, expects the first A350-900 aircraft to arrive in India by the end of this year.
According to the release, the airline has successfully acquired India's first Airbus A350-900 aircraft through a finance lease transaction with HSBC.
"This landmark transaction marks the beginning of our aircraft leasing business from GIFT IFSC, as AIFS will be the primary Air India Group .

Air India

The counter that hit a 52-week low of Rs 42.39 on August 29, 2023, traded at a record low of Rs 37.96 in March 2009. It had hit a record high of Rs 581.24 in December 2007

Real estate

The six units being planned to be listed are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals and Vedanta Limited

Vedanta

Shares of GMDC hit a record high of Rs 323.70 as they rallied 14%, surpassing its previous high of Rs 316.18 touched on November 12, 2007

Lignite

1 out of every 25 shares from the Nifty 500 index has more-than-doubled investors wealth in 2023 so  far, with Apar Industries, Mazagon Dock and JBM Auto as the top movers.

Wealth-Manager

A proposed early-stage trade deal is in jeopardy, potentially hurting India's efforts to woo the West and serve as a supply-chain alternative to China

India Canada

The registration plan comes after the Centre decided to delay the requirement of licenses for such imports

laptops, laptop imports

The report suggests that demand for Rupay credit cards went up by 37 per cent on quarter in the July-September period across India's 706 small towns and cities.

Credit card

Sources privy to the development have informed ANI that 'One Nation One Election' would be beneficial not only in the national interest but would also save a lot of the financial reserves of the govt

Voting, elections, Polls, Votes

In the wake of Canada's allegations about India's potential involvement in the killing of a Khalistani separatist on its soil, External Affairs Minister S Jaishankar has said that New Delhi conveyed to Ottawa that it is not the government of India's policy and it is open to looking at specific and relevant information in the case.
Yes, I do have a comment. I'll share with you very frankly what we told the Canadians, Jaishankar said during a conversation at the Council on Foreign Relations (CFR) here Tuesday when asked if he had any comment on the allegations by Canadian Prime Minister Justin Trudeau that agents of the government of India are linked to the killing of a Canadian Sikh.
"One, we told the Canadians that this is not the government of India's policy. Two, we told the Canadians saying that look, if you have something specific, if you have something relevant, let us know. We are open to looking at it, he said during a conversation with former US Ambassador to India and CFR ..

More than 39,000 Ganesh idols were immersed in Mumbai on Friday as the 10-day festival of the elephant-headed god came to an end, civic officials said.  Over ten days, a total of 2,05,722 idols were immersed in water bodies including artificial ponds across Mumbai, the Brihanmumbai Municipal Corporation (BMC) said on Friday evening.  Of these idols, immersed after one-and-half, third, fifth, seventh and tenth day, 76,709 idols including 72,204 household idols were immersed in artificial ponds set up in all 24 civic wards in the metropolis.  The BMC release also highlighted that this year 1,904 Ganapati Mandal's preferred artificial ponds for immersion of their Sarvajanik (Public) Ganapati.  While there are 69 natural water bodies available for immersion, the BMC provided 200 artificial ponds too, and collected around 500 tons of 'Nirmalya' or floral waste that will be used for making organic fertilizer for the public gardens  maintained by the civic body, the release said.
The ...

ganesh visarjan, Ganesh festival, Ganapati

Delhi Chief Minister Arvind Kejriwal on Friday directed the installation of RO-ATMs at locations, besides JJ clusters, where water supply is provided by tankers, to eliminate the tanker culture in the national capital.
He announced the decision in a meeting with Delhi Jal Board and Water Minister Saurabh Bhardwaj.
In the meeting, the CM assessed the state of water supply in Delhi, RO-ATMs, Yamuna cleanliness, and the cleaning of the trunk and peripheral sewer systems happening for the first time in Delhi, said a government statement.
Kejriwal requested a detailed plan from the DJB on the complete clean up of the Yamuna by June 2024.
So far, RO plants have been installed in Hari Nagar's Khajan Basti, Shakurbasti, Deshbandhu Apartments in Kalkaji, and Jharoda, with 30 more RO plants in the process of being installed. There is a plan to install approximately 500 RO plants in Delhi.
The results of these RO plants have been quite promising, and people have been provided with Water ATMs

Arvind Kejriwal

The Indian Railways on Friday said more than 2.14 lakh people participated in 1,934 activities with man hours of 6,62,990 in the first 14 days of the "Swachhata Hi Sewa" (SHS) cleanliness drive.
The fortnight-long campaign was launched on September 15 by the chairperson and CEO of the Railway Board, who administered a cleanliness pledge to all the railway employees at the Rail Bhawan here.
The participants in the campaign are railway employees, passengers and other stakeholders. The campaign aims at fostering a much greener and more eco-friendly railway system.
"Indian Railways, with its extensive nationwide network, plays a vital role in the Swachh Bharat Abhiyan," the railway ministry said in a statement.
This year, the railway ministry has become a part of the joint SHS campaign launched by the Ministry of Housing and Urban Affairs and Ministry of Jal Shakti.
"Activities of SHS are integrated with day-to-day activities of Swachhata Pakhwada. The theme for Swachhata Hi Sewa camp

Swachh Bharat to external debt: Here're key points to know about Eco Survey

The century-old Roshanara Club in Delhi - the cradle of Indian cricket - was on Friday sealed by the Delhi Development Authority, which also took possession of the historic club, officials said.
The action was taken in the early hours and comes nearly six months after an "eviction notice" was served on the club by the DDA as its lease had expired earlier, a senior official said.
The historic club was established on August 15, 1922 and had turned 100 last year.
Endowed with natural beauty, green pastures and colonial-era charm, Roshanara Club, located in north Delhi, has emerged as one of the most prestigious clubs in the country.
"Following court orders, that inter alia upheld its eviction order dated, 12.04.2023, the Delhi Development Authority today evicted and took possession of the premises of Roshanara Club Ltd, the leases for which had expired 11 years back in 2012 and six years back in 2017," the DDA said in a statement.
This action was taken under provisions of section 5 (

Roshanara Club

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More than 39,000 idols immersed in Mumbai as 10-day Ganesh festival ends

Delhi govt to set up RO-ATMs in city locations dependent on water tankers

Over 214,000 participated in 1st 14 days of cleanliness drive: Railways

DDA seals, takes possession of century-old Roshanara Club in Delhi

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