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Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation.

Business

ED to probe Rs 22 cr alleged fraud at AirAsia

The probe will also look at a specific transaction of Rs 12 crore, out of Rs 22 crore, made to a Singaporean firm.

7 Dec 2016 3:12 PM IST

Following the uproar by the TMC members in Parliament, the government had said the Directorate General of Civil Aviation (DGCA) had launched its probe into the issue. (Photo: PTI)

India

Mamata flight row: 2 IndiGo pilots grounded

The inquiry was conducted by the regulator, supported by IndiGo safety department, adding that it always complies with...

7 Dec 2016 3:09 PM IST

While buying you tend to assess policies on the basis of the premium you pay and the sum assured you are guaranteed.

Books

Term Insurance: Three questions you should ask before buying one

Term insurance is the purest form of life insurance and the most affordable version too.

7 Dec 2016 3:01 PM IST

Karnatakas former BJP minister G Janardhan Reddy. (Photo: R. Samuel)

India

Janardhan Reddy converted Rs 100 crore black money, claims man

Ramesh Gowda also alleged that Reddy paid 20 per cent commission to a Karnataka Administrative Service officer.

7 Dec 2016 2:45 PM IST

We will make sure when we go there we also get 8-day gap after three Tests and 25-day gap between ODIs and Test series, said Kohli. (Photo: AFP)

Sports

Kohli targets England over tour schedule

With the 8-day gap between the Mohali and Mumbai Test, the Alastair Cook-led side took off for Dubai after third Test in...

7 Dec 2016 2:40 PM IST

Business

RBI keeps repo rate unchanged, lowers GDP growth estimate

The central bank's move has surprised markets and industry as both were hoping for a rate cut.

7 Dec 2016 2:36 PM IST

$\She was not only walking a path of thorns, she did it in an oxygen less chamber while her arms and legs were tied\ (Photo: Facebook)$ Life

Harvard student's post on Jaya goes viral

The post highlights incidents like Jayalalithaa pushing MGR's wife to the sidelines at his funeral.

7 Dec 2016 2:26 PM IST

If Mohammed Shami misses the game, it will give an opportunity for swing bowler Bhuvneshwar Kumar to return to the playing eleven in the Mumbai Test. (Photo: AP)

Sports

Ind vs Eng: Mohammed Shami to miss 4th Test?

Virat Kohli, meanwhile, made it clear that KL Rahul is fit and will open the innings for India in Mumbai Test.

7 Dec 2016 2:20 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

India

Note ban: ED raids 50 bank branches across India

The Enforcement Directorate officials have started to check up those accounts that have suspicious transaction post...

7 Dec 2016 2:02 PM IST

Finance Minister Arun Jaitley speaks in the Lok Sabha in New Delhi. (Photo: PTI)

Business

Govt wants Rs 59,970 crore for extra spending

Biggest spending Rs 6 lakh crore sought for intorducing Market Stabilisation Scheme.

7 Dec 2016 1:20 PM IST

Stills from Raees. The film will release on January 25.

Entertainment

Watch: Raees trailer brilliantly shows SRK stepping into the dark...

This highly-anticipated film can easily be labelled as Shah Rukh's career best.

7 Dec 2016 1:13 PM IST

The Stepway Edition introduces quite a few changes to both the exterior and the interior of the car.

Business

Renault introduces Lodgy Stepway Edition

The new edition has a starting price tag of Rs 9.43 lakh that goes all the way up to Rs 11.26 lakh (ex-showroom, Delhi).

7 Dec 2016 1:03 PM IST