475 evacuees from Yemen arrive in Kochi onboard 2 ships

April 18, 2015

Kochi, Apr 18: Two Navy-escorted passenger ships with 475 people, including Bangladesh nationals and Yemenese of Indian origin, evacuated from the conflict-hit Yemen arrived here today, bringing down the curtains on the massive rescue operation undertaken by the government.evaqueees

"MV Kavaratti and MV Corals with 475 people reached Kochi to a rousing welcome by Naval and Cochi Port Trust officials in presence of Naval band," a Navy spokesman said.

This is the last Indian evacuation from Yemen by the sea route. The two ships had left Djibouti on April 12.

The passengers arrived here included 337 Bangladesh nationals and 65 Yemenese of Indian Origin.

Officials from Bangladesh government are in the town to co-ordinate onward travel of their fellow nationals.

However, it is not clear what stand the government would take on the 65 Yemenese of Indian origin, Kerala government officials here said.

India had launched a massive air and sea evacuation operation late last month to bring back its nationals stranded in Yemen. The air evacuation concluded on April 9 after more than 4,700 Indians and nearly 1,000 foreign nationals belonging 41 countries were brought home.

In addition, Indian naval vessels have also evacuated over 1,670 Indians from Aden, Al Hudaydah and Al Mukalla ports in Yemen since March 31.

The two passenger ships, among the first to be tasked for evacuation by the government, had left here on March 30 and reached Djibouti six days later with armed naval commandos and naval escort on board.

The ships were escorted by a naval warship INS Tir till Kochi harbour after which they would be led into their respective berths by Fast Interceptor Crafts (FIC) of the Southern Naval Command.

NORKA and the district administration in coordination with Railways are overseeing the arrangements for onward travel of the Indians arriving by the ships.

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News Network
March 4,2020

New Delhi, Mar 4: The government on Wednesday permitted NRIs to own up to 100 per cent stake in disinvestment-bound Air India.

The decision comes at a time when the government is looking to sell 100 per cent stake sale in the national carrier.

Union minister Prakash Javadekar said the Cabinet has approved allowing Non-Residents Indians (NRIs) to hold up to 100 per cent stake in Air India.

Allowing 100 per cent investment by Non-Resident Indians (NRIs) in the carrier would also not be in violation of SOEC norms. NRI investments would be treated as domestic investments.

Under the Substantial Ownership and Effective Control (SOEC) framework, which is followed in the airline industry globally, a carrier that flies overseas from a particular country should be substantially owned by that country's government or its nationals.

Currently, NRIs can acquire only 49 per cent in Air India. Foreign Direct Investment (FDI) in the airline is also 49 per cent through the government approval route.

As per the existing norms, 100 per cent FDI is permitted in scheduled domestic carriers, subject to certain conditions, including that it would not be applicable for overseas airlines.

In the case of scheduled airlines, 49 per cent FDI is permitted through automatic approval route and any such investment beyond that level requires government nod.

On January 27, the government came out witha Preliminary Information Memorandum (PIM) for Air India disinvestment. It has proposed selling 100 per cent stake in Air India along with budget airline Air India Express and the national carrier's 50 per cent stake in AISATS, an equal joint venture with Singapore Airlines.

Under the latest disinvestment plan, the successful bidder would have to take over only debt worth Rs 23,286.5 crore while the liabilities would be decided depending on current assets at the time of closing of the transaction.

This is the second attempt by the government in as many years to divest Air India, which has been in the red for long.

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News Network
June 5,2020

New Delhi, Jun 5: India registered its highest spike in COVID-19 cases with 9,851 more cases and 273 deaths reported in the last 24 hours. The total number of cases in India reached 2,26,770 including 1,10,960 active cases, said the Union Ministry of Health and Family Welfare.

The Ministry informed that 1,09,462 persons have been cured/discharged/migrated while 6,348 people have succumbed to the disease so far.

Maharashtra has so far reported 77,793 cases, more than any other state in the country, while the total number of active cases in the state stands at 41,402.

In Tamil Nadu, 27,256 cases have been detected so far while Delhi has reported 25,004 coronavirus cases.

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News Network
February 9,2020

Feb 9: The Electronic Voting Machines (EVMs) used in Delhi Assembly polls are kept under tight security, in the 'Strong Room' located at Atal Adarsh Bengali Balika Vidyalaya in Gol Market.

Voting for Delhi Assembly elections took place on Saturday with voters turnout well short of the 2015 election mark.

Counting of the votes will be on February 11.

Earlier, Deputy Election Commissioner Sudip Jain had said the Delhi elections took place peacefully and smoothly.

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