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Air India unveils new brand identity, 'The Vista', aircraft livery

Air India unveils new brand identity, 'The Vista', aircraft livery

Air India on Thursday unveiled a new brand identity and aircraft livery as the airline moves ahead with its transformation plan since being taken over by Tata Group more than one-and-a-half years ago.

The new look re-imagines the iconic Indian window shape, historically used by Air India, into a gold window frame that becomes central to the new brand design system. It symbolises a 'Window of Possibilities', according to a release.

Rajasthan CM plans to hike OBC quota by 6%, raising reservation to 70%

Rajasthan CM plans to hike OBC quota by 6%, raising reservation to 70%

Ahead of the Rajasthan assembly election, Chief Minister Ashok Gehlot announced plans to raise the other backward classes (OBC) quota to 27 per cent from 21 per cent. This will be a six percentage point increase in the reservation category and, if enacted, could bring the overall reservation in Rajasthan from 64 per cent to 70 per cent, according to a report by the Times of India.

The announcement was made during Congress leader Rahul Gandhi's rally in Banswara, Rajasthan, on Wednesday.

Adani Enterprises denies reports of exiting $6 billion venture with Wilmar

Adani Enterprises denies reports of exiting $6 billion venture with Wilmar

Adani Enterprises on Thursday denied the reports stating that it is planning to exit the $6 billion joint venture with Wilmar International. In a regulatory filing, it said that there is no such event as of now.

"We would like to clarify that as of now, there is no such event concerning the media report, which requires any disclosure from the company side per regulation 20 of Sebi listing regulations," the company said.

NCLT approves Zee Entertainment-Sony India merger, dismisses all objections

NCLT approves Zee Entertainment-Sony India merger, dismisses all objections

The National Company Law Tribunal (NCLT) on Thursday approved the Zee-Sony merger, according to the news agency Reuters. The NCLT had initially reserved its verdict on the merger between Zee-Sony on July 10.

The Mumbai bench of the NCLT, which comprised of H V Subba Rao and Madhu Sinha, had reserved the judgment after listening to objections from creditors such as Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp, and IDBI Trusteeship who raised concerns about the scheme.

Nearly 750,000 recipients of PMJAY linked to same phone number: CAG report

Nearly 750,000 recipients of PMJAY linked to same phone number: CAG report

Nearly 750,000 beneficiaries of the Ayushman Bharat-Pradhan Mantri Jan Aarogya Yojana (AB-PMJAY) are registered under a single mobile number – 9999999999, The Indian Express reported, citing the Comptroller and Auditor General (CAG).

A performance audit report on the Centre's flagship scheme for health insurance for poor people was placed in the Lok Sabha on Monday. The report showed that linking 749,820 beneficiaries to a single mobile number was not an isolated anomaly.

Air India in talks with commercial banks for Rs 3,000 crore loan

Air India in talks with commercial banks for Rs 3,000 crore loan

Tata group-backed Air India is in talks with commercial banks for around Rs. 3,000 crore loan, which the airline needs to make the down-payment under sale-and-leaseback agreements with lessors, according to people in the know.

The carrier, the sources said, is talking to multiple lenders in connection with the loan. According to a top State Bank of India executive, several lenders will join hands to extend the loan.

Larsen & Toubro planning to invest as much as $12 bn over next five years

Larsen & Toubro planning to invest as much as $12 bn over next five years

India’s largest engineering and construction company Larsen & Toubro Ltd. plans to invest as much as $12 billion over the next five years, a third of which will go toward expanding its clean energy business.

The company intends to build 2-3 million tonnes of green hydrogen and ammonia capacity with an investment of close to $4 billion.

Shyam Metaliks hits 10% upper circuit post July sales numbers

Shyam Metaliks hits 10% upper circuit post July sales numbers

Shares of Shyam Metaliks and Energy hit the 10 per cent upper circuit on the BSE in Wednesday's intra-day trades backed by heavy volume after the company reported its monthly sales for July.

At 11:55 AM, the stock quoted 7.7 per cent higher at Rs 455 on volume of around 4.11 lakh shares as against the two-weekly average traded volume of around 51,000 shares on the BSE. Meanwhile, the S&P BSE Sensex was down 0.5 per cent at 65,532.

Fire at sofa factory in Mayapuri industrial area, 7 hurt including 2 cops

Fire at sofa factory in Mayapuri industrial area, 7 hurt including 2 cops

Two policemen and seven civilians were injured putting out a fire that broke out at a factory in west Delhi's Mayapuri area early Wednesday morning, officials said.

According to officials, a call was received at 2.05 am that there was a fire at a two-story sofa factory at the market known for dealing in scrap.

India asking corruption, dynasty, appeasement to quit India: PM Modi’s swipe at Opposition

India asking corruption, dynasty, appeasement to quit India: PM Modi’s swipe at Opposition

Recalling the Quit India movement launched by Mahatma Gandhi, Prime Minister Narendra Modi on August 9 said India is now speaking in one voice against corruption, dynasticism, and appeasement.

Mr. Modi's apparent swipe at the Opposition came as the ruling BJP organises events across the country on Wednesday on these lines.

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