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Thursday, June 25, 2026 11:16 PM

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A new innings start for Air India as TATA Group wins the bid for 100% acquisition of Air India

human resource article

After suffering through heavy storms of the financial crisis, the Government of India finally approved the 100% disinvestment in Air India. The bid was open two weeks ago, and the TATA group won it. The TATA Group holding a company, Tata Sons, through its wholly-owned subsidiary Talace Pvt Ltd submitted a winning bid of Rs. 18,000 as the Enterprise value of Air India. As a consequence, the Tata Group will hold 100% stakes in Air India (A full-service airline operating in the domestic and international market) and 100% in its subsidiary Air India Express (A low-cost air-carrier airline that focuses on short-haul global operations primarily in the middle east market) and 50 % in the joint venture Air-India SATS (airport services on ground and cargo handling). At present, the total permanent and contractual employee strength of Air India & AIXL is 13,500. On winning the bid and owning 100% shares in Air India, Chairman N Chandrashekhar said, we are proud to run an airline associated with the nation’s name and functions as a national airline in the form of representative of India in the world. We will be making sure to rejuvenate and make Air India a world-class airline in the international market. The TATA Group has 30 companies in ten verticals, operating in more than 100 countries worldwide. The last year’s revenue generation of TATA Group was 103 billion dollars. The company collectively employs 800000 people.TATA Group has three airlines’ associations; Vistara, AirAsia, and Air India. However, the government keeps four Air India subsidiaries- Air India Air Transport Services Ltd, Airline Allied Services Ltd, which runs Alliance Air, Air India Engineering Services Ltd., and Hotel Corporation of India. These Subsidiaries have been transferred to AIAHL. What will be the take for Air India Employees? As per records, Air India has 12,085 employees, of which 8084 are permanent, and 4001 are contractual. Along with that, Air India Express has 1,434 employees. As per the terms, Tata as the winner of the bid, will retain all the employees. If any employee needs to be retrenched, they will get the option of a voluntary retirement scheme (VRS) after one year of taking over the completion of the bidder. With the retention of all existing employees, the gratuity, pension fund, and post-retirement medical benefits of existing and past employees will be honored by the TATA Group. Although, post-handover, the free travel of government employees in Air India will be stopped, with that, a free passage to the retired employees will be provided as per the industry practices. However, the outstanding due of Air India, which is Rs 1,332 crores, will be paid by the Government of India as per the report of Justice Dharmadhikari. As per the report, Air India was incurring a loss of Rs 20 crore on a per-day basis, and as of August 31, the Airline was in debt of Rs 61,562 crore. All the eight logos of Air India will now be transferred to the TATA group, where TATA cannot retransfer the logo to any other party for five years. After five years, the logo can be transferred to an Indian only and not to a foreign entity. Source: tata.com, moneycontrol.com, thetimesofIndia.com  

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As other vaccines lag, Serum Institute of India contributes the highest in the Vaccination drive

Till date, the country accounted 98.55 crore doses of Covid-19 vaccines given to the public. On Monday, 83.30 lakh doses were accounted till 7.15 PM. With this speed of vaccination in such a short period, the country is set to reach the 100-crore vaccination mark in the next few days. Among these doses, the maximum contribution of vaccines has come from the serum Institute of India (SII), which is nearly 88 % of the total vaccine doses given so far. Apart from that, almost 6.7 crore vaccines have been exported by the Serum Institute of India to other countries. Vaccination has been the most powerful tool to handle the pandemic so far. Till now, nearly 75 % of the population has got its first dose, whereas 30% of the population is now fully vaccinated. Along with that, more than 10.72 crore doses are still available with states and union territories. Serum Institute of India delivered more than it had committed and was a significant player in helping the government to run vaccination drives so effectively. Source: finacialexpress.com

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Startups are now being more prone towards building long term business with focused employee-centric policies

A news turn point can be seen in startups’ efforts to build new employee-centric policies. Social Commerce startup Meesho has announced 30-week gender-neutral parental leave, and Snapdeal has rolled out wellness measures for women employees. Along with that, fintech startup Slice has introduced a three-day workweek. These new initiatives show a more employee-centric approach of startups that they believe can help build a better business relation. Experts believe this new shift of startup culture from being more workaholic and hectic to more employee-centric can positively impact the business building relationship with these new startups starting the recent trend of making their employees a priority. A unique and better example of employee-centric work culture is now approaching the Indian Startup market and will attract more people to the startups for employment. Source: Thehindubusinessline.com

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Delhi University releases its third cut off list for admissions with a higher expectations benchmark

Delhi Varsity released its third cut off list in terms of the admission process. The marks cut off for the third round of admission in the undergraduate courses has declined by 0.5 percent to 1.5 percent only. However, the cut off of practices with a higher demand from the students saw no such changes in their cut-off rates. The BA (Honors) Economics course in Hansraj College and Lady Shri Ram College, and Hindu College has expected admissions at a cut off of 99 percent. On the other hand, the courses have already closed for entry in Janki Devi Memorial College, Kalindi College, Kamla Nehru College, Kirori Mal College and Miranda House. Simultaneously the Indraprasth College for Women has set a cut off rate at 98 percent for admissions in the BA (Honors) Economics, and Rajmas colleges has a cut of 98.75 percent for the same course. In terms of the cut-off race, Shri Ram College of Commerce remained on top with a cut off 99.50 percent. class=”socc”Source: economicstimes.com

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RSS chief raises concern over the ‘Unregulated’ OTT content, ‘Uncontrolled’ Bitcoin, and Drugs Consumption

While raising the concern against the unregulated content on the OTT platforms and the uncontrolled Bitcoin currency that can destabilize the economy of almost all the countries, and the consumption of narcotics drugs by every class of the society, RSS Chief Mohan Bhagwat urged the government to address these issues on a serious note. He mentioned that the kind of content shown on the OTT content during the lockdown period was uncontrolled and without any boundaries. Meanwhile, kids have access to mobile phones and the internet, exposed to unregulated content. As education went online, OTT has approached a variety of unregulated content accessible to all without any boundaries. We do not know what severe impacts it can create on viewers’ minds in the coming time. Source: www.economicstimes.com

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During the COVID-19 outbreak depression rate almost tripled in the USA

COVID -19 was made responsible for millions of deaths worldwide, but that’s not the only loss the pandemic has done to humanity. The Lancet Regional Health-Americas published a study report on how the COVID-19 pandemic has affected people’s mental health. The study has highlighted, the pandemic not just increased the rate of depression but the rise in number of cases is worse compared to other traumatic events like; weather, terror attack, or earlier pandemics. During this study, the author of the investigation by the Boston University School of Public Health (BUSPH) used the data collected on depression before and after the pandemic to compare the study. Participants filled a survey form to determine if they were suffering from any depression or not. In 2021, the survey showed that 32.8% of respondents had depression symptoms in 2021, which was 27.8% in 2020. Source: medicalnewstoday.com

During the COVID-19 outbreak depression rate almost tripled in the USA Read More »

Yogi Adityanath and Pinarayi Vijayan meet to resolve the issue of the coal crisis

Uttar Pradesh and Kerala Chief Minister Yogi Adityanath and Pinarayi Vijayan held an emergency meeting to resolve the coal crisis that led to a power shortage problem. About the same, Kerala Electricity Minister K Krishnakutty said the decision on a power cut in the state would be taken after 19th October. Currently, Kerala is facing a shortage of 100 MW and trying its best to bridge the demand-supply gap through an automated management system and buying electricity at a higher price. Yogi Adityanath had directed the UP-Power Corporation Chairman M Devaraj to do a detailed review of the supply of coal to the state’s power plants; he referred to take all essential steps to ensure enough coal supply. Many other states have also raised the concern of power blackout due to a shortage of coal. The Union Ministry of Power said it had directed state-run NTPC and Damodar Valley Corporation to ensure power supply to Delhi. Ministry also claimed that many states are not supplying enough power to their public and imposing load shedding to sell electricity in power exchange at a higher rate. The distribution companies have been instructed to not sell power in the power exchange at a higher rate, as it is their duty first to ensure 24X7 electricity supply to their customers. Source: Monetcontrol.com

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IISER Bhopal scientists have found a connection between COVID-19, Diabetes and Ageing

The drugs that have been in use for treating health issues like; diabetes, obesity and ageing can also be used to treat COVID-19, as per a finding by researchers of the Indian Institute of Science Education and Research (IISER) Bhopal. It is being claimed that the existing drugs being used to treat diabetes, obesity, and ageing can also potentially be used to treat COVID-19. The review for the same was published to show biomolecular relationships among COVID-19, ageing and diabetes. Dr. Amjad Husain, Principal Scientist and Chief Executive Officer of the Innovation and Incubation Center for Entrepreneurship (IICE), IISER Bhopal, along with a researcher from the University of Arizona, have claimed that, as an add on to these drugs, some similar, natural existing biomolecules can be explored as a form of potential drugs for the cure of COVID-19. As an effect of COVID-19 can be seen severe in the case of aged people and people who have diabetes, all three conditions are related to oxidative stress and lowering the immune system, and complications that arise from these conditions lead to the onset of various other diseases. Since the time taken to discover new drugs can cost a lot, finding the relationship between effective medicine for other health issues and COVID-19 will help in treatment quickly. Source: ndtv.com

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Multiplex owners claim to face the music and expect to create a more significant gap between OTT and theatre release

Now that the theatres have received a green signal to be functional and open after the COVID-19 pandemic. There are still a lot of challenges being faced by the multiplexes. As OTT platforms have opened new entertainment customs for the audience, it has become quite a task to attract people again towards multiplexes. Keeping these challenges in mind, theatres have decided to demand a doubling of the gap between the theatrical release of movies and its release on the Over-the-Top platform for four to eight weeks from April 2022. This move can bring multiplexes on a loggerhead with the OTT players who have been shrinking the gap between the release of a movie in theatres and on OTT platforms within two to four weeks right after taking off the restrictions of COVID-19 in cinema halls. Source: business-standard.com

Multiplex owners claim to face the music and expect to create a more significant gap between OTT and theatre release Read More »

Now OTT platforms will be the new advertising platform for advertisers to reach out to their customers

In the coming time, we will be all set to witness advertising taking the hybrid approach, which will comprise mass marketing and utilize traditional channels and hyper-localized and targeted marketing through digital mediums like OTT. While lockdown approached, there was a sudden shutdown of productions of TV shows keeping the social distancing norms in mind and cinemas were shut down too. On the one hand, where there was a steep decline seen for the Indian media and entertainment sector, on the other hand, digital media and online gaming saw tremendous growth. The spending on digital media went more than print, and online gaming overtook cinemas in terms of total spending; this directed the advertisers towards OTT platforms. However, television remained the largest segment, advertising on television went down fast during the lockdown. Whereas the digital advertising market remained stable, traditional advertisers are more inclined towards online or digital channels. Few trends have led advertisers to go towards OTT platforms more and more: • Content: The OTT players brought a plethora of creative and realistic content on their platter that allured the audience more than ever. As a cherry on top, many traditional Media and Entertainment channels came up with a simultaneous OTT channel to deliver their content online. As users and viewers got the ocean of choices, the viewership line between rational, national, and international became blurred with the increased inclination towards a wide variety and quality content. No doubt, the advertisers saw more potential in the online or OTT market, and they have believed so far that OTT and online platforms are the best platforms to reach out to audiences, and they will provide the maximum reach. • Digital technology has it all: The speed with which new technologies are approaching the OTT media and entertainments platform. The advertisers have a plethora of choices through geography, demography, behavioral and another first and third party for selective market approach. This opportunity gives advertisers the freedom to customize and personalize the advertisement as per the niche customer market. By using technology and customer profiling, an advertiser can get the perfect blend of customized data to deliver ads that can reach directly to the niche audience. Source: thefinacialexpress.com

Now OTT platforms will be the new advertising platform for advertisers to reach out to their customers Read More »