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More chances of snowfall in Lahore than India-Pakistan bilateral series: Sunil Gavaskar

Shoaib Akhtar had proposed a made-for-television three-match ODI series between India and Pakistan to raise funds for the fight against Coronavirus pandemic.




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Was his decision to rule Sachin Tendulkar out in India vs Pakistan game correct? ‘Yes’, says umpire Ian Gould

He said that his mind was "gone" after that reversal of decision, and like a fielder who wishes that balls don’t come to them after dropping a catch, he too wished that no other batsman would get hit on the pads after that.




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ICC Test Rankings: India lose top spot to Australia, drop to third spot

India dropped in the ladder largely because the record of 12 Tests victories and just one Test defeat in 2016-17 was removed in the latest chart, the ICC said in a statement.




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Kuldeep Yadav bats for MS Dhoni in ICC World T20 squad, says his presence ‘will make it easier for India’

The ongoing Coronavirus crisis across the world and a prolonged lockdown in India has halted MS Dhoni’s planned comeback to competitive cricket. He had joined the training camp with his IPL franchise team Chennai Super Kings but the initial delays in the start of IPL until April 15 and then for an indefinite period stopped him to press on for a place in the Indian squad.




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Coronavirus Pandemic: India bans entry of passengers from these countries with immediate effect

In continuation of the travel advisory issued on March 11 and March 16, the following additional advisory has been issued.




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IndiGo cancels flights on Delhi-Istanbul, Chennai-Kuala Lumpur route from March18-31

The airline has already cancelled flights between Bangalore-Kuala Lumpur until March 31, 2020 and Delhi-Kuala Lumpur until April 30, 2020.




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Saviour! Air India aircraft to rescue over 200 Indians stranded in Rome, Italy due to Coronavirus

Amid Coronavirus (Covid-19) Outbreak, Air India will send an aircraft to bring back Indians stranded in Rome.




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Coronavirus in India: Canceling flights? Know GoAir’s latest cancellation, reschedule policy, helpline

GoAir helpline, cancellation, flight status: Go Air has cancelled all flights from Delhi Airport (DEL), Mumbai Airport (BOM), and Bengaluru Airport (BLR) with flight numbers like G8 33, G8 34, G8 43, G8 44, G8 23, and G8 24 have been cancelled until April 15, 2020.




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Coronavirus in India update: Indigo issues fresh cancellation, rescheduling rules, policy

Check latest flight ticket cancellation policy, fee, and rules of Indigo: For bookings made between March 9, 2020 till March 31, 2020, for any travel date, one can reschedule your journey multiple times, without paying any change fee.




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COVID-19: Travelling by flight in India? The seat next to you should be vacant; check new guidelines

Coronavirus COVID-19 outbreak in India: Travelling by flight in the country? Take note of these new guidelines! Airlines and airports have been asked to follow social distancing protocol!




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Coronavirus impact: Air India issues new flight cancellation, rescheduling advisory; check new rules

Air India has stated that if the flight is cancelled, flyers need not call Air India or Travel Agent through whom the tickets have been booked.




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Coronavirus Lockdown: Mass ticket cancellations! AirAsia, Indigo, GoAir offer credit shells

Coronavirus Update: Worried about refund from ticket cancellation? Here is a solution for your problem. Airlines like AirAsia, Indigo, and GoAir are offering credit shells, IE reported. The report said that whenever such mass cancellations take place, it becomes a huge problem for airlines to refund every passenger. In the wake of unprecedented cancellations on […]




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Coronavirus India Update: Spicejet to operate special flight from Delhi to Jodhpur; IndiGo offers services

Coronavirus India update today: SpiceJet will ensure that all safety protocols laid down by the government are strictly followed by the airline's crew members




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COVID-19: New govt portal ‘Stranded in India’ can help foreign nationals return home, check how

COVID-19: The sudden spike in coronavirus cases in India forced the government to place the country in a lockdown seemingly overnight, which left several tourists stranded.




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COVID-19 impact: India’s tourism sector may lose Rs 5 lakh crore; 4-5 crore jobs could be cut

The CII said the industry will see cash flows only beginning to improve in November, 2020 and perhaps get to normal levels by early 2021.




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Coronavirus pandemic denting tourism, hotels at astonishing pace: Industry body

"Disruption due to coronavirus could result in 18-20 per cent erosion of nationwide occupancy across the hospitality sector, and 12-14 per cent drop in average daily rates (ADRs) for the entire 2020," ICC Director General Rajeev Singh said.




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IndiGo vs GoAir vs Air Asia vs Vistara vs Spicejet: Airlines engage in online banter amid Corona gloom

Amidst planes remaining grounded and gloom in the aviation sector due to the coronavirus pandemic, airlines, led by IndiGo, on Friday took to the microblogging site with humorous exchanges.




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COVID-19 lockdown: Funny banter between IndiGo, Vistara, AirAsia send Twitterati into a tizzy

After not being able to fly during the nationwide lockdown, Airline companies entertain Twitteratis with an interesting word play on Twitter.




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Coronavirus lockdown: Indigo announces resumption of flight operations from May 4

Private carrier Indigo airline has said that it will start flight operations from May 4 after the end of the nationwide lockdown.




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COVID-19 pandemic hit India’s travel and tourism, immediate survival measures required: FAITH

The crisis has jeopardised India's 5 lakh crore tourism industry and employment of an estimated 3.8 crore jobs, FAITH said in a statement.




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International passenger capacity for India reduced by 89 per cent in April due to COVID-19: UN

In February 2020, international passenger capacity reduced by 13 per cent, mainly related to traffic from/to States experiencing an early outbreak and States deeply interconnected to China.




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Provide specific packages to tourism industry for survival: FAITH to states

All states have been requested to give a complete waiver on all fixed electricity and other utility charges as well as excise duties without any penalties to the tourism and hospitality industry, FAITH said in a statement.




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IndiGo transports 50 tonnes of pharmaceuticals, fruits, vegetables amidst lockdown

These three flights transported over 50 Tonnes of cargo including pharmaceuticals, fruits and vegetables in the belly and cabin.




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Modi government likely to operate over 60 flights to bring 14,800 nationals back to India; check dates

India will send flights to several countries between May 7 and 13. Among the countries, India is likely to send 10 flights to the UAE, seven flights each to the US, and the UK. Apart from these, India will send five to Saudi Arabia, five to Singapore, and two flights to Qatar




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India to start biggest evacuation! Flights from across the globe will bring back stranded Indians

The operation of two flights from Qatar to Kerala is a part of Modi's government's mega mission to evacuate close to 15,000 Indians stranded in 12 countries between May 7 and May 13.




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Covid-19 impact: Loss forecast for India’s tourism sector doubles to Rs 10 lakh crore, says FAITH

The earlier forecast, which was shared with the government in March 2020, had put tourism's economic value at risk at around Rs 5 lakh crore, FAITH said in a statement.




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Aviation wrap: Air India to bring back 14,800 Indians stranded overseas

While currently the flights are operated by state-owned carriers, Puri said private airlines may also join in during subsequent evacuation efforts.




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COVID-19: 354 stranded Indians to fly back home on Thursday from UAE

The government also said that Air India will operate 64 flights from May 7 to May 13 to bring back around 15,000 Indian nationals stranded abroad amid the COVID-19-induced lockdown.




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Rohan Murty takes ancient Indian texts to the world

The first five books of the Murty Classical Library of India (MCLI), an initiative by the Harvard University...




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Microsoft’s Satya Nadella bets on new Windows OS for breachheads in mobiles

Microsoft set to unveil details about Windows 10 that can adapt PC applications to mobile devices




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US H1B visa: Donald Trump move not to have immediate impact on India, says Nasscom

The President’s executive order directs the federal bureaucracy to enforce visa law more vigorously, and to study new ways to reform and restrict the H-1B system.




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Uber scraps post-trip tracking feature via app; how empowering was that? Find out

Uber doing away with the post-trip tracking feature that had drawn the ire of users is a sign of the torsion privacy concerns create when faced with the demands of a data-driven world.




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Air India arm Alliance Air to induct 8 ATR-72 planes for big low-cost RCS push

Alliance Air, which is the low cost regional subsidiary of Air India, will launch three new routes under the government's regional connectivity scheme by the end of September and will induct eight ATR – 72 aircraft by the end of FY18 to further consolidate and expand its operations.




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Indian-American Neomi Rao to replace Kavanaugh on DC Circuit

Prominent Indian-American lawyer Neomi Rao has been nominated by US President Donald Trump to fill Justice Brett Kavanaugh’s seat on the powerful DC Circuit Court of Appeals.




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Lockdown impact: 42% Indians have increased use of digital payments, says report

The National Payments Corporation of India (NPCI) has been urging Indians to use more digital payment methods, so that people do not step out even to go to the ATM, reduce social contact and curb the spread of Covid-19.




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Microfinance industry hopes IBA meet to lead to ‘in-principle decision’ on loan moratorium to MFIs

Notably, following RBI's announcement on allowing a moratorium on term loans for March 1 to May 31, most of the MFIs have extended a moratorium to their borrowers till May 31.




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India’s sovereign rating restricting upgrade on HDFC Bank’s ratings: S&P

It appreciated HDFC Bank's comfortable capitalisation, strong earnings, regular capital raising to fund above-average growth and the "best" asset quality in the system.




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Kotak Mahindra Bank cuts savings account interest rate; effective from April 20

Kotak Mahindra Bank, which has revised interest rate on daily balances in savings account multiple times over the past year or so, has again made a change.



  • Banking & Finance
  • Industry
  • Kotak Mahindra Bank

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Kotak Mahindra Bank board to consider fundraising proposal this week

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.




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Kotak Mahindra Bank may raise Rs 8,000 crore via equity dilution

Market is viewing the fund-raising announcement in a positive light as the lender’s move to build up capital reserves is being seen as a sensible move at a time of uncertainty.




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Union Bank plans to lower stake in IndiaFirst Life to less than 10 per cent

Union Bank received the stake after Andhra Bank was merged with the Mumbai-based lender, effective April 1.




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Covid-19 impact: Asset quality could come under stress, says IndusInd Bank CEO

The lender’s gross NPAs stood at 2.45% of gross advances as on March 31, 2020, up from 2.18% on December 31, 2019, while the net NPA ratio stood at 0.91% of net advances as on March 31, 2020, down from 1.05% on December 31, 2019.




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Bank of India provides moratorium to NBFCs

According to sources, the RBI has conveyed to banks that there is no restriction for them to provide moratorium to NBFCs.




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NPAs of BoB, Indian Bank surge multi-fold in 6 years: RTI data

The number of NPA accounts rose from 2,08,035 as on March 31, 2014, to 6,17,306 as of December 2019.




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Delhi HC allows HDFC Bank to deduct Indiabulls’ loan installment from fixed deposit

Delhi high court, in an interim order on May 1, has allowed HDFC Bank to deduct a Rs 90-crore loan installment from Indiabulls' fixed deposit which it holds as security.




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Indian Overseas Bank, Bank of Maharashtra cut lending rates

State-owned Indian Overseas Bank and Bank of Maharashtra on Wednesday announced a reduction in their marginal cost of funds based lending rate (MCLR). "Our Bank has revised the MCLR w.e.f 10.05.2020 until further review," Indian Overseas Bank said in a regulatory filing. The Chennai-headquartered lender said the MCLR for the benchmark one-year tenor loan has […]




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Kotak Mahindra Bank cuts pay by 10% for staff earning over Rs 25 Lakh

The communication further stated that Covid-19 is wreaking havoc on the economy which, in turn, will impact a financial services firm like KMB.




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Indian Holidays Pvt. Ltd. Announces 5% Discounts for Select Deccan Odyssey Journeys

Indian Holidays Pvt. Ltd., one of the premier luxury tour operators has announced a minimum 5% discount on select departures for IRCTC and Maharashtra Tourism’s flagship luxury train, the Deccan Odyssey. The journey tariffs had recently been lowered in a bid to make the Deccan Odyssey...



  • Fri
  • 12 Oct 2012 00:00:00

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Maharajas Express all set to run its first Indian Panorama journey of the season

Indian Railways Catering and Tourism Corporation’s premier luxury train, the Maharajas Express, is all set to run its first Indian Panorama journey of the 2012-13 season tomorrow. The train will depart from the Safdarjung Railway Station tomorrow at 2200 hours. All guests have been...



  • Fri
  • 19 Oct 2012 00:00:00

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Indian Maharaja Wins Third Successive Award for Best Asian Luxury Train

Indian luxury train, the Indian Maharaja, has bagged the award for the Best Asian Luxury Train for the third year in a row. The train was felicitated at World Travel Awards 2012, quoted by Wall Street Journal as “the travel industry’s equivalent to the Oscars”. The awards are...



  • Wed
  • 31 Oct 2012 00:00:00