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The Latest Breaking News from New Delhi

Indian govt seeks $7.7 billion value for IDBI Bank in stake sale

NEW DELHI: India is pushing for a valuation of around 640 billion rupees ($7.7 billion) for state-owned IDBI Bank Ltd in what could be the biggest sale of the government’s stake in a lender in decades, according to a person familiar with the matter.

The Times of India

Cricket bodies run on business lines, not for education: Supreme Court

NEW DELHI: Holding that cricket associations are run on business lines, the Supreme Court said that the activities of sports bodies, including the Board of Control for Cricket in India (BCCI), cannot fall within the meaning of ‘education’ to claim tax exemption as they spend insignificant amounts of money on…

The Times of India

FTA well on track, will wait and see: Piyush Goyal after UK PM Truss' resignation

NEW DELHI: Noting that the free trade agreements with the UK are well on track, Union commerce minister Piyush Goyal Thursday said India will wait for the change in leadership before formulating a strategy vis a vis the UK.

The Times of India

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DoT to 'activate' conversion of VIL dues into equity after seeing firm action on fundraising

NEW DELHI: The telecom ministry will 'activate' its plan to convert dues of Vodafone Idea into equity as soon as the telco demonstrates firm commitment as a serious long-term player in the market through fundraising or any other confidence-building measure, according to a senior government official.

The Times of India

Slow GST portal: CBIC mulls extending September returns filing due date

NEW DELHI: With taxpayers facing slow functioning of the GSTN portal, CBIC on Thursday said it is examining the proposal of extending the deadline for filing GST returns for September.

The Times of India

Adani, GMR, L&T in race for Rs 23,000 crore UP smart meter tender

NEW DELHI: Adani Group, GMR, LT and IntelliSmart — a joint venture of National Investment and Infrastructure Fund and power ministry’s energy saving company EESL — are in race for the largest smart meter tender worth Rs 23,000 crore floated by UP.

The Times of India

9-hour Lufthansa Frankfurt-Bengaluru nonstop turns into 2-day harrowing journey for over 300 flyers

NEW DELHI: A direct flight from Frankfurt to Bengaluru takes about nine hours. But for over 300 passengers who boarded Lufthansa’s LH-754 nonstop for this sector Tuesday (Oct 18) at 1.05 pm, the journey took just under two days — with a 30-hour plus stopover in Istanbul. They finally took…

The Times of India

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Mushtaq Ali Trophy: Delhi inch closer to knock-out berth with win over Goa

JAIPUR: Skipper Nitish Rana and Yash Dhull continued their stellar run with the bat as Delhi moved one step closer to a knock-out berth with a six-wicket win over Goa in the Syed Mushtaq Ali T20 Trophy on Thursday.

The Times of India

AIFF appoints experienced Englishman Trevor Kettle as Chief Refereeing Officer

NEW DELHI: The All India Football Federation (AIFF) on Thursday announced the appointment of experienced Englishman Trevor Kettle as Chief Refereeing Officer (CRO) to oversee all refereeing matters of the organisation.

The Times of India

EPFO adds 16.94 lakh net subscribers in August

NEW DELHI: Retirement fund body EPFO net added 16.94 lakh new subscribers in August 2022, registering a 14.4 per cent rise as compared to the year-ago period, according to official data.

The Times of India

Axis Bank net profit jumps 70% at Rs 5,330 crore in Q2

NEW DELHI: Axis Bank on Thursday reported a jump of 70 per cent in its standalone net profit at Rs 5,329.77 crore in quarter ended September 2022 on healthy core income aided by trimming of bad loans.

The Times of India

IDBI Bank privatisation: LIC to recover its investment by time of sale

NEW DELHI: State-owned insurance behemoth LIC is expected to recover its Rs 21,624 crore investment it had made in IDBI Bank as share prices are likely to rebound to 2019 levels by the time the lender is privatised, an official said.

The Times of India

Madhya Pradesh to host 5th edition of Khelo India Youth Games, water sports added to roster

NEW DELHI: The fifth edition of Khelo India Youth Games (KIYG) will be held in Madhya Pradesh (MP) across eight cities from January 31 to February 11, Sports Minister Anurag Thakur announced here on Thursday.

The Times of India

IPL: Brad Haddin joins Trevor Bayliss as assistant coach at Punjab Kings

NEW DELHI: Former Australia wicket-keeper batter Brad Haddin has joined Punjab Kings as assistant coach ahead of the 2023 Indian Premier League.

The Times of India

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Hardik Pandya can win India the T20 World Cup on his own, India's defensive bowling a concern, says Shane Watson

NEW DELHI: Former Australian cricketer Shane Watson, while tagging Hardik Pandya as a 'match winner' has said that India's star all-rounder, thanks to his rich vein of form, can take India to their second T20 World Cup title win.

The Times of India

Shaheen Afridi and Lockie Ferguson lead five bowlers who can spell doom for batters at T20 World Cup

NEW DELHI: Wahab Riaz's extraordinary over to Shane Watson at the Adelaide Oval during the 2015 ODI World Cup will forever remain etched in the memory of those who were fortunate to witness raw aggression at its best.

The Times of India

5 ways in which Kharge vs Tharoor mirrors Sonia Gandhi vs Jitendra Prasada election for Congress president’s post

NEW DELHI: The Congress party on Wednesday finally elected its first non-Nehru-Gandhi president in 24 years when former leader of opposition in Rajya Sabha Mallikarjun Kharge trounced Lok Sabha MP Shashi Tharoor in the election which was held on October 17.

The Times of India

Taking good and bad positively during his recovery from injury helped Hardik Pandya get back to best

NEW DELHI: Star India all-rounder Hardik Pandya says adopting a positive approach to all things in life and support of his family members who "let him be" as he battled recurring injuries helped him get back to his best ahead of the T20 World Cup.

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The Times of India

'Rozgar Mela': PM Modi to launch recruitment drive for 10 lakh jobs on October 22

NEW DELHI: Prime Minister Narendra Modi will launch 'Rozgar Mela' – a recruitment drive for providing employment to 10 lakh people.

The Times of India

'India have everything they need to win Hockey World Cup once again'

NEW DELHI: Former champions India have improved drastically over the last two decades and possess the "courage and determination" to go all the way at the upcoming World Cup, feels Charles Cornelius, a member of the 1973 edition silver medal-winning team.

The Times of India

Home ministry will decide if the Indian cricket team will travel to Pakistan: Sports Minister Anurag Thakur

NEW DELHI: Sports Minister Anurag Thakur on Thursday said the home ministry will take a call on the Indian cricket team's travel to Pakistan for the Asia Cup next year but feels chances of the players going across the border "aren't much".

The Times of India

From TCS to Taj: Several Tata Group companies helping revive Air India

NEW DELHI: In cult classic Amar Akbar Anthony, a mother’s life was saved thanks to simultaneous blood transfusion from her three long-lost sons. While that kind of transfusion is perhaps medically impossible, the real life snatched-and-reunited story of Tatas getting back Air India is witnessing something similar with several group…

The Times of India

Mumbai-New York most under-served routes globally; Dubai-Delhi & Mumbai back on the list of busiest

NEW DELHI: With just three weekly nonstops, Mumbai-New York is among the most under-served international routes in the world forcing people to travel at least one-stop between the two mega cities.

The Times of India

Late starter Veer Ahlawat eyes maiden title on Asian Tour

PUNE: From swinging a golf club for fun in his childhood days to holding a full card on the Asian Tour, Veer Ahlawat has come a long way. Growing up Ahlawat was exposed to a variety of sports, thanks to his father Yashpal Ahlawat being a Colonel in the army.

The Times of India

World Junior Mixed Team Badminton: India blank Slovenia 5-0 in final group tie

NEW DELHI: The Indian team blanked Slovenia 5-0 in its fourth and final Group B tie at the World Junior Mixed Team Badminton Championships in Santander, Spain on Wednesday.

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