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Mumbai won its 41st Ranji Trophy

Allow foreign university campuses, says Niti Aayog

Lets get inspired!General Dalbir Singh Suhag: COAS of Indian Army

Sachin Tendulkar’s fashion brand makes its online debut

Leaderless youth acting on rumours; Haryana DGP appeals elders to step in

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June 22, 2016

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May 9, 2016
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February 1, 2016
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Poverty Linked To Brain Changes In Children, St...

2016/01/30
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World Cheapest Smartphone Is Going To Launch By...

2016/02/17
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Mumbai won its 41st Ranji Trophy

2016/02/27
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Random News

Poverty Linked To Brain Changes In Children, St...

2016/01/30
by editor
World Cheapest Smartphone Is Going To Launch By...

2016/02/17
by editor
Mumbai won its 41st Ranji Trophy

2016/02/27
by editor
Allow foreign university campuses, says Niti Aa...

2016/04/25
by editor
Lets get inspired!General Dalbir Singh Suhag: C...

2017/05/23
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Sachin Tendulkar’s fashion brand makes it...

2016/08/23
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Leaderless youth acting on rumours; Haryana DGP...

2016/02/25
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SRK as Sardar, Anushka as punjabi kudi are amazing in JHMS’s Butterfly song teaser

SRK as Sardar, Anushka as punjabi kudi are amazing in JHMS’s Butterfly song teaser

Anushka’s character is seen going gaga over Shah Rukh’s Sardar avatar and is seen blowing kisses to him. ...

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Android-powered Nokia 5’s pre-bookings start from tomorrow in India

Android-powered Nokia 5’s pre-bookings start from tomorrow in India

Nokia 5 smartphone is an offline exclusive and will be available at a price of Rs 12,899. Nokia 3, Nokia ...

Nokia 5 smartphone is an offline exclusive and will be available at a price of Rs 12,899. Nokia 3, Nokia 5, Nokia 6 smartphone Nokia marketing partner HMD Global is opening pre-booking window for its ...

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Whoa! Ranveer gifts himself plush car on birthday, goes vroom with ladylove Deepika

Whoa! Ranveer gifts himself plush car on birthday, goes vroom with ladylove Deepika

Ranveer brought in his special day in a typical romantic Bollywood style with the apple-of-his-eye, Deepi ...

Ranveer brought in his special day in a typical romantic Bollywood style with the apple-of-his-eye, Deepika. While Deepika Padukone seems in a pensive mood, birthday boy couldn't take his eyes off he ...

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Watch: MS Dhoni left dejected as Virat Kohli’s Team India lost 4th ODI vs West Indies

Watch: MS Dhoni left dejected as Virat Kohli’s Team India lost 4th ODI vs West Indies

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After restricting the hosts to 189/9, Jason Holder and the other West Indian bowlers came back strongly to bowl out India for 178 It was Kesrick Williams’ wicket of Mahendra Singh Dhoni in the 49th o ...

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Pics: SRK, Salman attend wedding ceremony in Delhi; exit without meeting each other

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German court denies parents access to dead teen’s Facebook account

German court denies parents access to dead teen’s Facebook account

15-year-old was killed by a Berlin underground train in 2012 and her parents have been trying since to es ...

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No glycerine for Salman Khan

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Lets get inspired!General Dalbir Singh Suhag: COAS of Indian Army

Lets get inspired!General Dalbir Singh Suhag: COAS of Indian Army

General Dalbir Singh Suhag, PVSM, UYSM, AVSM, VSM, ADC (born 28 December 1954) was the 26th Chief of the ...

General Dalbir Singh Suhag, PVSM, UYSM, AVSM, VSM, ADC (born 28 December 1954) was the 26th Chief of the Army Staff (COAS) of the Indian Army, who assumed office on 31 July 2014, following the retirem ...

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Simran writer Apurva Asrani calls out Kangana for lying about being the co-writer

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Bad news: MP3 is officially dead

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Developer stops MP3 licensing for patents and related software in favour of modern codecs. AAC or Advanced Audio Coding is the current standard in the world of digital audio as it tries to retain the ...

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Suresh Prabhakar Prabhu: Railway Minister of India

Suresh Prabhakar Prabhu is an Indian politician and the current Railway Minister of India, under the Narendra Modi government. He is a Chartered Accountant by profession and a member of the Institute of Chartered Accountants of India. Since 1996, Prabhu has been a repeatedly elected Member of Parliament from Rajapur Lok Sabha constituency in Maharashtra as a member of the Shiv Sena (SS) political party. He quit Shiv Sena and joined BJP on 9 November 2014. He currently represents Andhra Pradesh in Upper House of Indian Parliament. Suresh Prabhu completed his high school from Sharadashram Vidya Mandir, Dadar, Mumbai, followed by a Bachelor in Commerce with Honours from M.L. Dahanukar College, Vile Parle, Mumbai. He received a Bachelor in Law degree from the New Law College (Ruparel College campus), Mumbai. Prabhu is a Chartered Accountant and a member of the Institute of Chartered Accountants of India. He was All India 11th (eleventh) rank holder in CA exam. He was, at various times during the Premiership of Atal Bihari Vajpayee of 1998 to 2004, Industry Minister, Minister of Environment and Forests, Minister of Fertilizers & Chemicals, Power, Heavy Industry and Public Enterprises. As the Union Minister for Power, he won praise for his performance. As Minister of Power, Prabhu introduced major reforms in India's power sector. He is credited with championing and enacting The Electricity Act, 2003 and the reforms that created securitization of dues from the states. He has been elected four times to the Lok Sabha, India's parliament, from Maharashtra since 1996. However, he lost his seat in the 2009 general election. He was also Chairman of Task Force for Interlinking of Rivers with a status and rank of Union Cabinet Minister. He was elected a member of the World Bank parliamentary network and chaired the South Asia Water regional group of the World Bank. Asia week rated him as one of three future leaders of India. As a mark of protest against the cancellation of Narendra Modi's keynote address at the Wharton India Economic Forum 2013, he called off his visit to the University. The NDA government under the leadership of Narendra Modi appointed him as the head of a high-level panel on power revamp — "Advisory Group for Integrated Development of Power, Coal and Renewable Energy" in July 2014. On 9 November 2014, he was sworn-in as Cabinet minister in Narendra Modi government. He is currently the Union Railway Minister of India. He is the only Railway Minister who introduced railway budget without launching a single train and more focused on facilities during fiscal year 2015-2016. He was elected as Rajya Sabha member on 3 June 2016. He is married to journalist Uma Prabhu; they have a son, Ameya Prabhu. Suresh Prabhu currently resides in Delhi and is a native of Medha - Malvan (District - Sindhudurg) Maharashtra.

High time to
privatise Air India

It makes no sense for the government to keep infusing thousands of crores of rupees each year to keep Air India alive in a sector which is dominated by the private sector to the extent of 86% with most of them making money, servicing their shareholders and creditors, besides offering better flying experience to the customers than the state-owned carrier.
In fact, for most of the customers, Air India is a last choice while its creditors — the banks — take comfort only from the fact that the national carrier is owned by the government, just like them. Both live merrily in the hope that ultimately, the government must save them, courtesy tax payers. The government must be complimented for mandating Niti Aayog to suggest a road map for the bleeding airline, essentially meaning privatising it.
While top voices from the government are supporting the outright privatisation, there are bound to be vested interests among the political class and bureaucracy which could stifle the plan, as was done with similar proposals in the past.
With Niti Aayog Vice Chairman Arvind Panagariya setting a kind of timeline of this year itself for execution of the sell-off plan, the government is sending the message loud and clear that it means business this time around. And rightly so.
After all, whose interest is being served by a debt of Rs 52,000 crore, which is getting heftier annually by Rs 4,000 crore? Warning of “massive” protests by different employees’ unions is no surprise because the sheer mention of privatisation could mean a sense of insecurity among 21,000 employees who are used to security of a government job with the least amount of accountability towards passengers.
There is no point for the government to open any front with the employees who should be taken on board after assuring them of protecting their genuine interests while negotiating a deal. Even if privatisation is approved by the Cabinet within the next few months and a suitor is found, the road ahead would not be easy, given the kind of baggage that Air India carries on its wings. There are several subsidiaries along with a big question of who takes the debt.
The buyer is not going to take the debt on its balance sheet; which means the Air India balance sheet must be cleaned up before it can be put on the block. That, in turn, would involve selling off some its assets like real estate and valuation of the infrastructure it owns. But there is no better time than now for AI privatisation.