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Rs 18,000 crore bid gets Tata Sons control of Air India after 68 years

To take over the ownership of the Air India, the Tata Sons will pay Rs 18,000 crore for the Maharaja, outbidding a consortium led by Spice Jet’s Ajay Singh who had bid Rs 15,100 crore. The transaction is expected to be done by the end of December this year.

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Tata Sons on Friday regained control of the government airline Air India nearly 70 years after its nationalisation. Tata Group already owns about 84% stake in AirAsia India and 51% in Vistara.

Ending its several years of struggle to privatise the financially troubled airline, the Tata Sons has emerged as the winning bidder to take over the control of Air India.

Till August 31, Air India, which serves 42 international destinations, had a total debt of Rs 61,562 crore.

The company had placed a winning bid of Rs 18,000 crore to re-acquire the 100% stakes of the airline. The government had started evaluating the bids for the debt-laden national carrier earlier last week.

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To take over the ownership of the Air India, the Tata Sons will pay Rs 18,000 crore for the Maharaja, outbidding a consortium led by Spice Jet’s Ajay Singh who had bid Rs 15,100 crore. The transaction is expected to be done by the end of December this year.

Over the years, the Central government have tried selling the money guzzling airline. The govt will get Rs 2,700 crore in cash from the Air India sale. The rest is the government’s debt, which Air India will take over.

Air India first began as Tata Air Services in 1932. The airline returned to Tata after 68 years now.

Read Also: Kapil Sibal slams PM Modi for being silent over Lakhimpur Kheri violence

The process of Air India’s sale began in July 2017 and the government has received 7 expressions of interest by December last year, the Finance Ministry’s Department of Investment and Public Asset Management (DIPAM) announced on Friday.

The DIPAM secretary said a group of ministers comprising Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Civil Aviation Minister Jyotiraditya Scindia had cleared the winning bid for Air India on October 4.

In other India News, A bomb blast at Shiite mosque in the Afghan city of Kunduz has left several casualties today during Friday prayers took away at least 50 people lives. 

India News

Nagpur violence: Aaditya Thackeray says BJP wants to make Maharashtra next Manipur

BJP MLA Pravin Datke also visited the affected neighbourhoods, emphasizing the premeditated nature of the violence, and noting targeted attacks on specific shops and stalls.

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Shiv Sena (UBT) leader Aaditya Thackeray on Tuesday lashed out at the BJP government in Maharashtra, led by Chief Minister Devendra Fadnavis, for its handling of recent violent incidents in Nagpur. Thackeray drew a troubling parallel between Maharashtra and the violence-stricken state of Manipur, suggesting that the state is on a similar path.

In a press conference, Thackeray questioned the Chief Minister’s Office (CMO) regarding its lack of response to spreading rumours of impending violence. “Why did the CMO not react when reports of unrest started circulating? The Chief Minister and the Home Department should be the first to know about such threats. Did they have no information? It seems like the BJP is intent on turning Maharashtra into the next Manipur,” he contended.

He also took the opportunity to discuss economic progress, comparing India unfavourably to Vietnam, which, despite being smaller and less populous, has a thriving electronics sector. Thackeray lamented the ongoing violence in Manipur since 2023, questioning the prospects for investment and tourism under such conditions.

“While violence persists in Manipur, Maharashtra risks experiencing a similar fate. We must consider the progress countries like Vietnam have made, showcasing what we could achieve if we were not mired in conflict. The BJP seems bent on dividing our nation along lines of caste and religion,” he remarked.

The violence in Nagpur, which has led to curfews and increased tensions, was characterized by Chief Minister Fadnavis as “a well-planned attack.” He attributed the unrest to protests by the Vishwa Hindu Parishad (VHP) and Bajrang Dal, which were sparked by rumours of the desecration of religious items. “No one has the right to disrupt law and order,” he declared.

Fadnavis reported several injuries among police officers, including a Deputy Commissioner of Police attacked with an axe. Prohibitory orders were enacted in 11 police stations, and multiple FIRs were recorded in response to the incidents. “We will not tolerate attacks on law enforcement officials,” he stated firmly.

As tensions continued to escalate, the Maharashtra assembly witnessed protests from opposition leaders, demanding action regarding Aurangzeb’s tomb, which they see as a catalyst for recent violence. Both sides exchanged heated accusations, with the ruling alliance branding individuals who glorify Aurangzeb as “traitors.”

BJP MLA Pravin Datke also visited the affected neighbourhoods, emphasizing the premeditated nature of the violence, and noting targeted attacks on specific shops and stalls.

In light of the unrest, a curfew has been implemented in various parts of Nagpur under the authority of the Bhartiya Nagarik Suraksha Sanhita, aimed at restoring order amidst the rising tensions. This curfew will remain enforced until further notice, affecting numerous police station jurisdictions across the city.

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Rahul Gandhi hails Revanth Reddy govt after Telangana Assembly passes bills to increase OBC reservation to 42%

The Assembly also passed the Telangana Scheduled Castes (Rationalisation of Reservations) Bill, 2025, which seeks to categorize Dalits into three groups for reservations in education and employment.

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Leader of Opposition in Lok Sabha Rahul Gandhi on Tuesday hailed the Revanth Reddy government after the Telangana Assembly passed two bills to increase reservations for Other Backward Classes (OBCs) to 42%. He described the move as “revolutionary” and reiterated the Congress party’s commitment to conducting a nationwide caste census to ensure social justice.

In a post on X, Gandhi stated, “The Congress government has fulfilled its promise of increasing OBC reservations in Telangana. By accepting the actual number of OBCs through a scientific caste count, the state has passed a bill for 42% reservation to ensure their equal participation in education, employment, and politics. This is a revolutionary step towards social justice, breaking the 50% reservation cap in the state.”

He emphasized the importance of a caste census, saying, “By analyzing the social and economic conditions of each community using caste survey data, policies can be formulated to ensure the well-being of all. The Telangana government has also formed an independent expert group for this purpose. I have consistently maintained that only through an X-ray—i.e., a caste census—can backwards and deprived communities secure their rightful due.”

Gandhi asserted that Telangana has set an example for the entire country. “Caste census will definitely happen in India, and we will ensure it,” he declared.

Congress Rajya Sabha MP Pramod Tiwari also praised the move, stating, “Telangana has a very intellectual Chief Minister. We fully support the steps being taken in this direction.”

The Telangana Assembly on Monday passed two bills—the Telangana Backward Classes (Reservation of Seats in Rural and Urban Local Bodies) Bill, 2025, and the Telangana Backward Classes, Scheduled Castes, and Scheduled Tribes (Reservation of Seats in Educational Institutions and of Appointments or Posts in Services under the State) Bill, 2025. These bills aim to increase OBC reservations in education, employment, and local bodies to 42%, fulfilling a key campaign promise based on the recently concluded caste survey.

The Assembly also passed the Telangana Scheduled Castes (Rationalisation of Reservations) Bill, 2025, which seeks to categorize Dalits into three groups for reservations in education and employment.

Chief Minister Revanth Reddy hailed the move as historic, stating, “It is my honour to announce the fulfilment of the long-pending demand of subaltern groups since Indian Independence—the recognition of backward castes through an official census. We are now ensuring 42% reservations for OBCs in all walks of life—education, jobs, and political representation.”

Currently, Telangana’s reservation matrix allocates 29% for OBCs in education and employment, 23% in local bodies, and 15%, 6%, and 10% for Scheduled Castes, Scheduled Tribes, and Economically Backward Classes, respectively.

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Education

IIT JAM 2025 results declared, admissions to begin from March 26

IIT Delhi has declared the IIT JAM 2025 results. Qualified candidates can download their scorecards from March 24 to July 31. Admissions begin on March 26.

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IIT JAM 2025, IIT Delhi, IIT JAM results, M.Sc. admissions, IIT JAM scorecard, IIT JAM seat allocation, JAM 2025 result link, IIT admissions

The Indian Institute of Technology (IIT) Delhi has announced the results of the Joint Admissions Test for M.Sc. (JAM) 2025 on March 18. Candidates who appeared for the exam can check their scorecards by visiting the official website jam2025.iitd.ac.in.

To access their results, students must use their enrollment ID, email ID, and password, followed by solving a Captcha code. According to the official notice, qualified candidates can download their scorecards between March 24 and July 31. The scorecard will also display the All India Rank (AIR) of each candidate.

Steps to check IIT JAM 2025 results

Visit the IIT JAM 2025 official website

Click on the ‘JAM 2025 result declared’ link

Open the JOAPS portal

Enter Enrollment ID / Email ID and password

Solve the arithmetic expression and enter the result

Click on ‘Submit’

View and download the scorecard

Admission process and important dates

The admission process for IIT JAM 2025 will begin on March 26, 2025, through the JOAPS portal. Candidates can submit their applications until April 9, 2025.

The list of candidates in the invalid category will be published on May 8, 2025.

The first admission list will be released on May 26, 2025, and selected candidates must pay the seat booking fee by May 30.

The withdrawal option will be available from June 7 to July 7, 2025.

A maximum of four admission rounds will be conducted to fill the available seats.

IIT JAM 2025: Exam overview and seat availability

IIT JAM scores are used for admission to various postgraduate programs, including: M.Sc, M.Sc. (Tech), M.S. (Research), M.Sc.-M.Tech. Dual Degree, Joint M.Sc.-Ph.D, M.Sc.-Ph.D. Dual Degree

Over 2,000 seats will be allotted based on JAM 2025 scores. The examination was conducted across 100 cities in India and covered seven specializations including Biotechnology, Chemistry, Economics, Geology, Mathematics, Mathematical Statistics and Physics.

A merit list will be prepared for each test paper, depending on the available seats in each category.

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