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Explained: Why Air India transfer to Tatas is delayed yet again?

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Explained: Why Air India transfer to Tatas is delayed yet again?

January 27 was set as the date to complete the handover of Air India to Tata Group, a delay from the previous end-December deadline. The target timeline for closing the deal was extended to the end of January after finalizing the airline’s balance sheet and obtaining the necessary approvals from global regulators.

What are the other steps to transfer the airline to Tatas?
The airline will share its balance sheet with Tata Group on Monday for a review, which is expected to be completed on Wednesday, according to an Air India official. After that, a handover is likely on Thursday (January 27). The closing date for the balance sheet is set for January 20.

Why was the transfer delayed in the first place?
On October 11, the centre issued a Letter of Intent (LoI) to Tata Group confirming its willingness to transfer 100% of the airline’s stake to the Mumbai-based conglomerate. At the time, the projected transfer schedule was set for the end of December. The date was extended to the end of January due to various pending approvals.

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Why is there a delay in finalizing the balance sheet?
A final balance sheet is being prepared and approved by various airline regulators, lenders and lessors. The balance sheet, which will be provided to Tata Group, is expected to account for Air India’s daily losses of Rs 200 crore until the deadline. Furthermore, the Indian Express reported on Sunday, citing a response from RTI, that various government departments and ministries had not made payments of Rs 278.49 crore to Air India as of October last year.

What fees do these dues cost?
According to the data, the pending amount includes Rs 2,447.8 crore from over 700 government ministries and ministries as of September 2021 and Rs 337.1 crore for various VVIP flights as of July 27, 2021.

This also includes the Prime Minister’s flight dues of Rs 7.2 crore and the President’s flight dues of Rs 614 crore. The airline has started recovering outstanding dues from various government departments and as of November 30, 2021, the airline has recovered Rs 3,038 crore.

Complete News Source : The Indian Express

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Parineeti Chopra

Parineeti Chopra has the ‘best sensations’ as Raghav Chadha recreates her viral Hasee Toh Phasee reel. Watch

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Parineeti Chopra has the ‘best sensations’ as Raghav Chadha recreates her viral Hasee Toh Phasee reel. Watch

Parineeti Chopra and her husband Raghav Chadha have been spotted on social media sharing a funny dialogue from their 2014 film Hasee Toh Phasee. The dialogue has gone viral, with celebrities sharing the audio on their Instagram reels. Raghav, who is also an actor, has created a viral reel featuring photos from their wedding, honeymoon trip, vacation, and Wimbledon.

Outing The couple recently announced that Raghav has completed his leadership training program at Harvard Kennedy School, expressing gratitude for the transformative experience. Parineeti, who calls herself a Harvard wife, posted on Instagram, “My husband is a Harvard return.” The couple tied the knot on September 24, 2023, at the Leela Palace Hotel in Udaipur.

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Rajasthan, attended by various celebrities and politicians. The couple’s relationship has been a source of happiness and support for both Chopra and Chadha Parineeti Chopra’s quirky dialogue from her 2014 film Hasee Toh Phasee, “Meri body mein sensations hote hain,” has recently gone viral on social media, with numerous celebrities and fans creating reels using.

The video begins with the iconic scene from Hasee Toh Phasee, followed by a series of endearing snapshots capturing the couple’s journey—from their wedding and honeymoon to festive celebrations like Karwa Chauth and outings such as Wimbledon. In the caption, Raghav wrote, “Her dialogue went viral. Everyone’s vibing. I had FOMO the catchy audio. Joining.

Parineeti responded to the post with affection, commenting, “The best sensations out of all the trend, her husband, politician Raghav Chadha, shared a heartfelt reel on Instagram, “Awwww.” Social media users praised the reel, with comments like “Cutest reel on this trend” and “We have the WINNER of this featuring a montage of their cherished moments together.

Fans and fellow celebrities were quick to express their admiration. Actress Kriti Verma ragaiii She also reshared the reel on her Instagram Stories, adding, “The best one yettttt commented The best one,” while Harleen Sethi added, “Awwww.” Social media users praised the reel, with reel on comments like “Cutest reel on this trend” and “We have the WINNER of this Trend.

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The original dialogue gained renewed popularity after being remixed by music producer reel Parineeti reacted with joy the reel on her Instagram story, adding on Pextyle, turning it into a trending audio clip on Instagram. Parineeti expressed her delight over the resurgence, stating, “Social media is a crazy place! It can resurrect and create art that you would never think of! I love that this craziness of mine has become viral.”

Parineeti and Raghav tied the knot on September 24, 2023, at The Leela Palace Hotel in reel on bond, further endearing them to their audience. Udaipur, Rajasthan, in a ceremony attended by close friends, family, and notable personalities from both the entertainment industry and bond, further endearing them to their audience politics delightful exchange Parineeti.

On the professional front, Parineeti was last seen in Amar Singh Chamkila alongside Diljit reel on Dosanjh. She is set to make her web series debut in an upcoming mystery thriller directed between by Rensil D’Silva, which will stream on Netflix Parineeti Chopra’s popular line from Hasee Toh Phasee — “Meri body mein sensations hote hain” has taken Instagram by storm.

Raghav posted a playful yet touching reel using the trending audio clip, surprising fans and Parineeti alike. His reel featured a montage of personal moments from their life — wedding glimpses, travel snaps, Karwa Chauth celebrations, and even their appearance at Wimbledon. The video opened with Parineeti’s iconic film dialogue and then transitioned to sweet clips of

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