Is Jet Airways Headed Towards Bankruptcy? Lenders ask its liquidity situation

Mumbai: Domestic and foreign lenders of cash-strapped Jet Airways (India) Ltd have asked the company to explain its liquidity situation, just a few days after the airline defaulted on a scheduled loan repayment. The lenders will now meet the airline executives, along with various vendors, and help Jet Airways renegotiate contracts and revive its poor […]

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Madame Tussauds-owner Merlin to build Legoland Park in South Korea

Madame Tussauds-owner Merlin to build Legoland Park in South Korea (Reuters) – Madame Tussauds-owner Merlin Entertainments Plc has entered into a partnership agreement to build a Legoland theme park in South Korea, the company said on Monday. Merlin, which operates the London Eye, said the deal with the Gangwon Provincial Government is valued at 290 […]

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15th Finance Commission to discuss on Odisha’s economic development

15th Finance Commission to discuss on Odisha’s economic development Bhubaneswar, Jan 07 (India News) Odisha has the potential to become a leading economic power of the country, Chairman of the Fifteenth Finance Commission N K Singh said here today. After arriving at the Biju Patnaik International Airport, Mr Singh who led a team of the […]

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TN Minister awarded 3 year jail term in stone pelting case, to file appeal

TN Minister awarded 3 year jail term in stone pelting case, to file appeal Chennai, Jan 7 (India News) A Special Court trying cases against MPs and MLAs, on Monday convicted and sentenced Tamil Nadu Minister for Youth Welfare and Sports Development P Balakrishna Reddy to three years imprisonment in connection with a 1998 stone pelting case. […]

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Madame Tussauds-owner Merlin to build Legoland Park in South Korea

(Reuters) – Madame Tussauds-owner Merlin Entertainments Plc has entered into a partnership agreement to build a Legoland theme park in South Korea, the company said on Monday. Merlin, which operates the London Eye, said the deal with the Gangwon Provincial Government is valued at 290 billion Korean Won ($259.26 million) and Legoland Korea would be […]

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Actor Kevin Spacey to face sex assault case in Nantucket courtroom

The actor is expected to enter a plea of not guilty in the Nantucket, Mass., courtroom, where he faces charges for allegedly groping a then-18-year-old busboy in a bar in 2016. NANTUCKET, Mass. (Reuters) – Former “House of Cards” star Kevin Spacey is set to appear in a Massachusetts court on Monday to face a […]

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15th Finance Commission to discuss on Odisha’s economic development

Bhubaneswar, Jan 07 (India News) Odisha has the potential to become a leading economic power of the country, Chairman of the Fifteenth Finance Commission N K Singh said here today. After arriving at the Biju Patnaik International Airport, Mr Singh who led a team of the Fifteenth Finance Commission said discussions will be held for […]

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TN Minister awarded 3 year jail term in stone pelting case, to file appeal

Chennai, Jan 7 (India News) A Special Court trying cases against MPs and MLAs, on Monday convicted and sentenced Tamil Nadu Minister for Youth Welfare and Sports Development P Balakrishna Reddy to three years imprisonment in connection with a 1998 stone pelting case. Passing orders, Special Court Judge J Shanthi suspended the sentence to enable him to […]

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UDAN scheme: 15 airlines bid for 111 routes in third round of auction

UDAN scheme: 15 airlines bid for 111 routes in third round of auction NEW DELHI: The central government has received bids for 111 routes from 15 airlines under the third round of auction for the UDAN scheme, a senior civil aviation ministry official said on Monday. The Ude Desh ka Aam Nagrik (UDAN) scheme is […]

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