Air India strategic disinvestment completed: Min. of Finance

Ministry of Finance:

The Air India strategic disinvestment transaction has been completed today with Government receiving a consideration of Rs 2,700 crore from the Strategic Partner (M/s Talace Pvt Ltd, a wholly owned subsidiary of M/s Tata Sons Pvt Ltd), retaining debt of Rs 15,300 crore in Air India and AIXL and transferring shares of Air India (100% shares of Air India and its subsidiary AIXL and 50% shares of AISATS) to the Strategic Partner.

It is pertinent to mention that following Government’s approval of the highest price bid of M/s Talace Pvt Ltd for strategic disinvestment of Air India, the Letter of Intent was issued to the winning bidder on 11 October 2021.

The Share Purchase Agreement (SPA) was signed on 25 October, 2021. Thereafter, Strategic Partner (M/s Talace Pvt Ltd), Air India and the Government worked towards satisfying a set of conditions precedent defined in the SPA including approvals from anti-trust bodies, regulators, lenders, third parties, etc. These conditions have since been met to mutual satisfaction.

Testing strategy in Karnataka has been revised as per the Advisory of Purposive Testing Strategy issued by the ICMR: Dr Sudhakar – Health Minister

Testing strategy in Karnataka has been revised as per the Advisory of Purposive Testing Strategy issued by the ICMR.

The new strategy advises testing only symptomatic people, At-risk groups and international travellers.

COVID cases continue to dip in Karnataka:

New cases in State: 38,083
New cases in B’lore: 17,717
Positivity rate in State: 20.44%
Discharges: 67,236
Active cases State: 3,28,711 (B’lore- 189k) Deaths:49 (B’lore- 12)
Tests: 1,86,313

185 new Omicron cases are confirmed in Bengaluru today taking the overall tally in the State to 1,115.

In four sectors – liquor, mining, transport, cable – there is thousands of crores of public money which doesn’t reach you. We do not want evolution. We need revolution: Rahul Gandhi – Fmr Cong. President

Rahul Gandhi – Former Congress President:

Punjab is not just a state for us, it is an ideology, it is a thought. Punjab is a brotherhood. This is a very important symbol for us and our ideology.

Congress is not just a political party. There are many political parties in the country. Congress is an ideology. It is an ideology that defeated the British & built this nation. We are all one in the ideology of Congress.

According to Congress’s ideology, the power lies with the people. We want to hand over the power to the people.

The biggest industrialists in the country do not provide as much employment as the small shopkeepers and MSMEs. Small shopkeepers, small & medium businesspeople suffer from the policies of this government, while the rich people benefit.

How do we decentralise the power in Punjab? First of all, in four sectors (liquor, mining, transport, cable) there is thousands of crores of public money which doesn’t reach you. We do not want evolution. We need revolution.


Tata Sons Chairman N. Chandrasekaran called on Finance Minister N Sitharaman today: Tata Group

Tata Group:

Tata Sons Chairman N. Chandrasekaran called on Honourable Finance Minister N Sitharaman today.

He thanked her for the successful closure of the Air India transaction.


A brand new chapter unfolds for Air India as part of the Tata Group.

Two iconic names come together to embark on a voyage of excellence.

Looking forward to soaring high propelled by our rich legacy & a shared mission to serve our Nation.

Welcome Aboard.

Air India

The BEST double-decker, now electric! : Aaditya Thackeray – Minister, Maha. Govt.

Aaditya Thackeray – Minister, Maharashtra Govt. :

The BEST double-decker, now electric!

CM Uddhav Thackeray and I have been personally keen on reviving Mumbai’s iconic double-decker buses.

While doing so, the BEST is procuring 900 of them, fully electric and emission-free. As we increase our BEST fleet, ultimately to 10,000 electric/clean alternate fuel buses, our aim is to have maximum double-decker buses, as this increases our capacity.

I thank BEST chairman Ashis Chemburkar ji, GM Lokesh Chandra ji, and the committee of BEST for honouring our suggestion.

Along with Mumbai, I have requested municipal commissioners of other cities who are procuring electric buses to also add double-decker electric buses into their fleets on busy routes.

Former Congress President Rahul Gandhi along with Congress candidates contesting in the upcoming assembly elections paid obeisance at Sri Harmandir Sahib: KC Venugopal – Gen Sec, Congress

Former Congress President Rahul Gandhi, Punjab CM Shri Charanjit Channi, Punjab Congress President Shri Navjot Singh Sidhu and Congress candidates contesting in the upcoming assembly elections paid their obeisance at Sri Harmandir Sahib and sought blessings for Navi Soch Nava Punjab earlier today.

KC Venugopal – Gen Sec, Congress

Rumours of my resignation from Trinamool Congress are false, mischievous & malicious: Luizinho Faleiro – Former CM, Goa

Luizinho Faleiro – Former CM, Goa:

Rumours of my resignation from Trinamool Congress are false, mischievous & malicious.

This is propaganda being spread by those rattled by the support & blessings that the people of Goa have showered on my party.

Goa TMC is the only party that will fight for Goa & emerge victorious!

I embraced TMC to fight BJP and their juggernaut and I will not back down from this fight.

As a disciplined man, I will continue to work hard till the BJP is defeated. I have full faith that the Goa TMC will bring in the new dawn that every Goan is eagerly awaiting!

Delhi CM Arvind Kejriwal unfurls the National Flag at 75 prominent locations across Delhi to mark the 75th year of Independence

Arvind Kejriwal – Chief Minister, Delhi:

Proud day for the country

75 National flags on 115 feet high masts have been unfurled in the country’s Capital, a total of 500 such National flags will be unfurled.

Delhi is probably the only city in the world where a National flag on a 115 ft high mast has been installed.

Delhi’s name will be recorded in the Guinness Book of World Records!

Pic Credit: AAP

Sri Sri at Sunrise

There is freedom when you realize that you are just a witness to all that is happening :
@SriSri

Pic Credit : Sri Sri