The book created by Emirati illustrator Mohammed Al Rais and based on a tale by Swiss author Kurt Blum, is set to capture the hearts of young readers with its delightful story of uniqueness and triumph
"Lenders are reasonably hopeful that the bid process is likely to be successful in determining fair value of the enterprise in a transparent manner," it said.
The carrier with roughly 1.2 billion dollars (about Rs 8,350 crore) of bank debt has been battling for survival amid bruising competition from low-cost carriers like IndiGo and SpiceJet, which are expanding their fleet size and network operations.
The shortfall in seat capacity and booming demand has pushed up airfares by 30 to 40 per cent since September, according to rating agency ICRA.
Ironically, government-owned Air India's Chairman and Managing Director Ashwani Lohani on Wednesday also called the temporary closure of Jet Airways as a setback to Indian aviation.
"It is indeed a sad day for all those in the business of flying in the country to witness a fine airline closing shop," he said, echoing similar views of industry experts.
Air India has a debt burden of Rs 55,000 crore. The government's plan to sell stake in the carrier has failed to attract any bidders.
The book created by Emirati illustrator Mohammed Al Rais and based on a tale by Swiss author Kurt Blum, is set to capture the hearts of young readers with its delightful story of uniqueness and triumph
The idea of undergoing the procedure was 'mentally and emotionally draining', the longtime Abu Dhabi resident said, but doctors eased her worries
The ruins in the middle of Pantabangan Dam in Nueva Ecija province are a tourist draw, even as the region swelters in extreme heat
This covers traffic violations incurred until 2023
Friday's polling will be held for 88 of the total 543 seats in the lower house or Lok Sabha of Parliament with 160 million people eligible to vote
The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
Binghatti Hills is set to become the most expansive development within the community
Temperature will reach up to 36ºC and 33ºC in Abu Dhabi and Dubai, respectively