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Air India: Government to sell 100 per cent stake of debt-ridden airline

As per the document, Air India would also sell 100 percent stake in budget airline Air India Express and 50 per cent shareholding in joint venture AISATS.

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Air India

The Government of India has announced the sale of 100 per cent stake in debt-laden Air India.

It issued the preliminary bid document for the strategic divestment and set March 17 is set as the deadline for submitting expression of interest (EOI).

As per the document, Air India would also sell 100 percent stake in budget airline Air India Express and 50 per cent shareholding in joint venture AISATS.

This is the second time in two years that the government has brought out a proposal for selling stake in Air India.

There were no bidder in 2018 when the government proposed to offload 76 per cent equity share capital of the national carrier as well as transfer the management control to private players.

A person in the know of details said airlines’ staff would be given shares on discount under Employee Stock Option Programme (ESOP).

Air India staff will be offered three per cent of the airline’s total shares in the government’s divestment process.

About 98 crore shares would be set aside under the ESOP, the person said to a news agency.

Air India Chairman and Managing Director Ashwani Lohani said Air India does not have “excess staff” and the retiring employees’ medical benefits issue is being sorted out.

According to the bidding document, debt of Rs 23,286.5 crore would remain with Air India and Air India Express at the time of closing of the disinvestment.

The remaining debt would be allocated to Air India Assets Holding Ltd (AIAHL).

Entertainment

Kumkum Bhagya actor Sanchita Ugale dies by suicide near Mumbai at 22

Television actor Sanchita Ugale, known for Kumkum Bhagya and Wagle Ki Duniya, died by suicide at her residence near Mumbai. Police have launched an investigation.

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Sanchita Ugale

Television actor Sanchita Ugale, known for her appearances in Kumkum Bhagya, Wagle Ki Duniya and Dilwali Dulha Le Jayegi, died by suicide at her residence in Nalasopara East near Mumbai on June 14. She was 22.

According to police officials, the incident took place at her home in Achole village, Nalasopara East. Authorities said Ugale had locked herself inside her bedroom and was later found hanging from a ceiling fan. Family members and local residents rushed her to a hospital, where doctors declared her dead.

Police have registered an Accidental Death Report (ADR) and launched an investigation into the circumstances surrounding her death. Officials said inquiries are underway and the exact reason behind the incident has not yet been established.

Career across television, OTT and films

Ugale had built a growing presence in the entertainment industry through television, streaming projects and films. Apart from Kumkum Bhagya and Wagle Ki Duniya, she played a lead role in Dilwali Dulha Le Jayegi. She also appeared in OTT projects such as Crime Aaj Kal and Silence 2.

The actor was also associated with the film Chhaava, which contributed to her growing recognition among audiences.

Last social media post draws attention

Following news of her death, social media users shared and commented on Ugale’s final Instagram post, which had been uploaded hours before the incident. The post showed the actor in traditional attire lip-syncing to a classic Bollywood song. Fans expressed shock and grief after learning of her death.

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India News

Congress, SP send mixed signals on AIMIM’s role ahead of 2027 Uttar Pradesh polls

Congress and Samajwadi Party leaders have responded differently to questions about AIMIM’s role ahead of the 2027 Uttar Pradesh Assembly elections, highlighting ongoing discussions over opposition strategy.

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Differing responses from Congress and Samajwadi Party leaders have highlighted varying approaches within the Opposition camp regarding the possible role of the All India Majlis-e-Ittehadul Muslimeen (AIMIM) in the run-up to the 2027 Uttar Pradesh Assembly elections.

The discussion gained momentum after AIMIM chief Asaduddin Owaisi launched his party’s campaign preparations for the 2027 elections from Bahraich and reiterated that his party is open to alliances, provided it is treated with respect and as an equal partner.

Different responses from Congress and SP

Reacting to questions about a possible understanding with AIMIM, Congress leader Imran Masood said any decision on alliances would be taken by the party leadership. He also stressed that there could be no compromise with communalism.

On the other hand, Samajwadi Party leader Ram Gopal Yadav adopted a more accommodating tone, stating that anyone capable of defeating the BJP would be welcome. His remarks were viewed as leaving the door open to broader anti-BJP political cooperation.

The differing responses have drawn attention as Opposition parties continue to assess their electoral strategies ahead of the 2027 Uttar Pradesh Assembly elections.

AIMIM steps up preparations

AIMIM has begun expanding its campaign activity in Uttar Pradesh, with Owaisi launching the party’s preparations from Bahraich. The Hyderabad MP has indicated that AIMIM is willing to consider alliances but has maintained that any partnership must be based on mutual respect and equality.

The party is also working to strengthen its organisational presence in the state as it seeks a larger role in Uttar Pradesh politics ahead of the next Assembly election.

No formal alliance announced

Despite the ongoing discussion, no formal alliance or seat-sharing arrangement involving AIMIM and major Opposition parties has been announced so far.

With more than a year remaining before the 2027 Uttar Pradesh Assembly elections, political equations are expected to evolve as parties finalise their strategies and alliance plans.

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India News

Delhi dust storm brings 92 kmph winds as IMD issues red alert

Delhi witnessed a powerful dust storm with wind speeds reaching 92 kmph, prompting the IMD to issue a red alert. The storm brought rain, thunderstorms and relief from the intense heat.

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Delhi weather update

A powerful dust storm swept across Delhi on Monday, bringing strong winds, reduced visibility and a sudden change in weather conditions across the national capital. Wind speeds reportedly reached 92 kmph in some areas as dark clouds and blowing dust engulfed parts of the city. The India Meteorological Department (IMD) issued a red alert, warning residents about severe weather conditions and urging them to take necessary precautions.

The storm was accompanied by thunderstorms and rain in several parts of Delhi-NCR. The sudden weather activity provided relief from the prevailing heat but also raised concerns over potential disruptions to transport and power infrastructure. According to the weather department, strong surface winds and thunderstorms were expected to continue for several hours.

Red alert issued for severe weather

A red alert is issued when weather conditions pose a significant threat to life and property and require immediate action. The IMD advised people to remain indoors where possible, avoid weak structures, stay away from trees and electric poles, and refrain from taking shelter in open areas during the storm.

Weather officials said the intense conditions were linked to atmospheric instability over northwest India, influenced by weather systems affecting the region. Similar episodes of thunderstorms, heavy rain and strong winds have impacted Delhi-NCR in recent days.

The latest spell of severe weather is expected to bring down temperatures and offer relief from the heat. The IMD has also forecast further wet weather activity across parts of northwest India in the coming days.

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