Tata Sons has won the final bid for acquiring national carrier Air India, according to government sources.
According to the sources, Central government’s Group of Ministers (GoM) led by Union Home Minister Amit Shah has approved the winning bid for the national airline. Union Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Aviation Minister Jyotiraditya Scindia are also members of the committee.
The share purchase agreement (SPA) was given to the bidders in the meeting recently and the process will start after a formal announcement is made, following its approval by the Shah-led ministerial committee. “The process of transfer will start with the SPA and the target is to completely hand over the airline to the new owners in around four months of time,” a ministry official said.
“The approved bidders will have to deposit a minimum of 15 per cent of the bid amount,” the official said. Air India’s reserve price was fixed after the bids were called to ensure that the bidders do not get to know about the reserve price prior to their bidding. It ensured utmost confidentiality when it comes to the reserve price.
The government will divest its 100 per cent stake in Air India, Air India Express and 50 per cent stake in ground handling company AISATS.
BSF deploys more troops, surveillance equipment along border in J&K as part of ‘winter strategy’
LeT, Al-Badr Militants Planning To Sneak in JK Via PoK: Intel Agencies Warns
Amid the heavy snowfall in Jammu and Kashmir, the intelligence agencies have warned that militants from Lashkar-e-Taiba (LeT) and Al Badr are planning to sneak into the Union Territory through Pakistan occupied Kashmir (PoK), sources in the security set-up said.
The sources, quoting intelligence inputs, said that at least seven militants of LeT and five of Al Badra are trying to cross over to Jammu and Kashmir from two different areas located in PoK.
The intelligence alert has specifically said that from one place in PoK, the LeT ultras will be trying to infiltrate with the help of a launchpad commander, while the five Al Badr militants are located near a launchpad in Balakot, who are being escorted by a local guide to infiltrating from the Bhimber Gali side in Poonch district of Jammu and Kashmir.
The intel alerts have been shared with the J&K Police, Central security forces and the Army who have been asked to intensify patrolling along the international border adjoining the Bhimber Gali.
“The alert is a matter of major concern for the security forces ahead of the Republic Day, and if they (militants) are trying to cross the international border amid the heavy snowfall, it indicates that they must be equipped with winter clothing and navigational devices,” an official in the security forces deployed in J&K said.
He also said that in recent operations launched by the Central security forces and the state police, the militants who were neutralised had army grade winter clothing and other staff like dry fruits and dry meals. This also indicates that Pakistan’s Inter-Services Intelligence (ISI) is providing logistic support to these terrorists.
Recent intelligence inputs have also revealed that ISI has been searching for new routes to infiltrate into Jammu and Kashmir besides establishing new control rooms in PoK.
The security forces, after intercepting messages, revealed that eight new routes have been identified which are covered with snow and have less patrolling by Indian forces during peak winters.
The intelligence intercepts have further revealed that Pakistan has activated new terror launch pads along the Line of Control (LoC) with increased efforts to aid infiltration bids into Jammu and Kashmir before the Republic Day on January 26.
Beware: Lady thief roaming the streets of Roop Nagar
Another theft case of ₹7,200 has been reported from a boutique named ” The Hanger’ located on the main road in Roop Nagar, Jammu.
A lady who visited the boutique duped the owner and took away garments amounting to a total of ₹7,200.
The owner at first didn’t recognise the lady, but she pretended as if she was their regular customer.
“After selecting the garments, she asked for an assistant boy to come along and will make the payment to him as she reaches her residence”, the owner said.
She instead fooled the owner and the boy as well and wasn’t seen anywhere after that.
The boutique owner has filed a complaint in the nearest police station on January 18.
Police are investigating the matter, and soon the lady thief would be caught; till then, the locals are advised to beware of such miscreants.
Read More: Two feared dead after drowning in Chenab
- BSF deploys more troops, surveillance equipment along border in J&K as part of ‘winter strategy’ January 22, 2022
- LeT, Al-Badr Militants Planning To Sneak in JK Via PoK: Intel Agencies Warns January 21, 2022
- Beware: Lady thief roaming the streets of Roop Nagar January 21, 2022
- 2 vehicles loaded with 432 KG banned Polythene Seized January 21, 2022
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