Run a Google search for smart TVs and you will be served with hundreds of options to choose from. In other words, the smart television market has become highly competitive. One such contender in this crowded space is the Coocaa 65Y73 Pro. The television claims to offer a good mix of performance, features, and value, but does it deliver what it promises? Let's find out.

I have observed that the packaging boxes for TVs are not very exciting and the one that contains the Coocaa 65Y73 Pro is no exception. I think that companies should make a conscious effort to make these boxes look a bit more attractive.&nbsp;

Open the box and you get a 65-inch QLED TV (Coocaa 65Y73 Pro), power cord, remote, batteries, base stand with screws, quick start guide, and a warranty card. One thing that is missing is a wall mount. So, if you want to mount the TV on a wall, you will have to buy it separately. I think the company should have included it in the box because not everyone wants to put the TV on a table.

Also Read:&nbsp;<a href="https://www.wionews.com/trending/woman-loses-hearing-ability-permanently-after-samsung-galaxy-buds-explode-inside-her-ear-761959">Woman loses hearing ability permanently after Samsung Galaxy Buds FE explode inside her ear</a>

The Coocaa 65Y73 Pro&nbsp;looks appealing. Thanks to its slim profile and modern looks, the all-black TV can complement any home decor. The remote that comes bundled with it has buttons neatly spaced out. The controls are intuitive and responsive. Its far-field voice control feature allows users to control the TV with their voice seamlessly, adding to the ease of use.&nbsp;

Talking about its display, the 65-inch TV with Ultra HD resolution delivers great brightness, deep blacks, and accurate colours. Thanks to its Matte Screen Display, you can get rid of reflections and unnecessary shadows to a great extent and enjoy your favourite shows and movies. The HDR10+ technology and Dolby Vision support further add to the visual quality. Having said that, I believe the HDR performance can be improved. Its processor uses AI to dynamically adjust backlight levels, eliminating flicker for a comfortable viewing experience.

Watch:&nbsp;Sony Launches New Bravia Televisions In India

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The audio experience is as good as the viewing experience. The 40W built-in speakers compatible with Dolby Atoms generate an immersive sound experience. The sound quality is loud and clear. Users can choose from different sound modes - Standard, Vivid, Sports, Movie, and Music - for better results.

Powered by Google TV, the Coocaa 65Y73 Pro&nbsp;offers users access to various streaming apps and other smart features. While the overall performance is good, I experienced a bit of lag on certain occasions. I hope these random bugs causing the system to misbehave are fixed in software updates.

Priced at INR 45,999, the Coocaa 65Y73 Pro offers value for money. If you are planning to buy a 65-inch smart TV at a competitive price, you should check it out.

Run a Google search for smart TVs and you will be served with hundreds of options to choose from. In other words, the smart television market has become highly competitive.

Run a Google search for smart TVs and you will be served with hundreds of options to choose from. In other words, the smart television market has become highly competitive. One such contender in this crowded space is the Coocaa 65Y73 Pro. The television claims to offer a good mix of performance, features, and value, but does it deliver what it promises? Let's find out. I have observed that the packaging boxes for TVs are not very exciting and the one that contains the Coocaa 65Y73 Pro is no exception. I think that companies should make a conscious effort to make these boxes look a bit more attractive. Open the box and you get a 65-inch QLED TV (Coocaa 65Y73 Pro), power cord, remote, batteries, base stand with screws, quick start guide, and a warranty card. One thing that is missing is a wall mount. So, if you want to mount the TV on a wall, you will have to buy it separately. I think the company should have included it in the box because not everyone wants to put the TV on a table. Also Read: Woman loses hearing ability permanently after Samsung Galaxy Buds FE explode inside her ear The Coocaa 65Y73 Pro looks appealing. Thanks to its slim profile and modern looks, the all-black TV can complement any home decor. The remote that comes bundled with it has buttons neatly spaced out. The controls are intuitive and responsive. Its far-field voice control feature allows users to control the TV with their voice seamlessly, adding to the ease of use. Talking about its display, the 65-inch TV with Ultra HD resolution delivers great brightness, deep blacks, and accurate colours. Thanks to its Matte Screen Display, you can get rid of reflections and unnecessary shadows to a great extent and enjoy your favourite shows and movies. The HDR10+ technology and Dolby Vision support further add to the visual quality. Having said that, I believe the HDR performance can be improved. Its processor uses AI to dynamically adjust backlight levels, eliminating flicker for a comfortable viewing experience. Watch: Sony Launches New Bravia Televisions In India The audio experience is as good as the viewing experience. The 40W built-in speakers compatible with Dolby Atoms generate an immersive sound experience. The sound quality is loud and clear. Users can choose from different sound modes - Standard, Vivid, Sports, Movie, and Music - for better results. Powered by Google TV, the Coocaa 65Y73 Pro offers users access to various streaming apps and other smart features. While the overall performance is good, I experienced a bit of lag on certain occasions. I hope these random bugs causing the system to misbehave are fixed in software updates. Priced at INR 45,999, the Coocaa 65Y73 Pro offers value for money. If you are planning to buy a 65-inch smart TV at a competitive price, you should check it out.

Coocaa 65Y73 Pro review: Should you buy this smart TV?

For those people who are planning to buy a new car or any other vehicle, scrapping the old vehicle&nbsp;can now prove beneficial as commercial and passenger vehicle manufacturers are willing to offer a discount if they have a valid Certificate of Deposit.&nbsp;

Union Minister for Road Transport &amp; Highways Nitin Gadkari announced the discounts in a meeting with the representatives of commercial and passenger vehicle manufacturers.&nbsp;

He appealed to the industry to give discounts on purchasing new vehicles to the customers who scrap their old vehicles.

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📍𝑩𝒉𝒂𝒓𝒂𝒕 𝑴𝒂𝒏𝒅𝒂𝒑𝒂𝒎, 𝑵𝒆𝒘 𝑫𝒆𝒍𝒉𝒊 
 
Chaired a highly productive session of the SIAM CEO’s Delegation Meeting at Bharat Mandapam today, where we addressed various critical issues facing the automobile industry. 
 
I am pleased to report that, in response to my… <a href="https://t.co/9n4aUdgoby">pic.twitter.com/9n4aUdgoby</a>
— Nitin Gadkari (@nitin_gadkari) <a href="https://twitter.com/nitin_gadkari/status/1828354267910152384?ref_src=twsrc%5Etfw">August 27, 2024</a></blockquote>
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The Society of Indian Automobile Manufacturers (SIAM) CEOs meeting took place at Bharat Mandapam in New Delhi where it was then confirmed that the proposal of the minister was accepted by the automobile manufacturers.&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/india-news/this-indian-city-will-host-countrys-first-street-circuit-race-at-night-745365">This Indian city will host country's first street circuit race at night</a>

Taking to his official social media account, the minister announced, “I am pleased to report that, in response to my recommendation, several commercial and passenger vehicle manufacturers have agreed to offer discounts for the purchase of new vehicles against the scrapping of older vehicles with a valid Certificate of Deposit.”&nbsp;

Explaining the importance of this development, he said, “This initiative will significantly advance our Circular&nbsp;Economy&nbsp;efforts, ensuring that cleaner, safer, and more efficient vehicles are on our roads."&nbsp;

<h2>How much discounts will be given to customers for passenger vehicles?</h2>

According to a report published in The Times Of India, auto majors are likely to give a 1.5-3.5 per cent discount to buyers who scrap their old vehicle when buying a new one.

As per the reports, passenger vehicle manufacturers like Maruti Suzuki, Hyundai, Tata Motors, Mahindra &amp; Mahindra, Kia,&nbsp;Honda, Toyota, JSW MG Motor, Renault India, Nissan India, Skoda and Volkswagen India have agreed to offer a 1.5 per cent discount on the ex-showroom price of the new&nbsp;car or Rs 20,000, whichever is less.&nbsp;

Watch:&nbsp;Canada imposes 100% tariff on Chinese-made electric cars

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Customers can get a discount if they have scraped a passenger vehicle in the last six months and the scrapped vehicle's details are linked to the Vahan system.&nbsp;

As per the official statement, passenger vehicle companies like Tata Motors, Volvo Eicher Commercial Vehicles,&nbsp;Ashok Leyland, Mahindra &amp; Mahindra,&nbsp;Force Motors, Isuzu Motors and SML Isuzu have agreed to give a 3 per cent discount on ex-showroom prices on commercial vehicles more than 3.5 tonnes and around 1.5 per cent discount on ex-showroom prices for CVs less than 3.5 tonnes.&nbsp;

(With inputs from agencies)

For those people who are planning to buy a new car or any other vehicle, scrapping the old vehicle can now prove beneficial as commercial and passenger vehicle manufacturers are willing to offer a discount if they have a valid Certificate of Deposit.

For those people who are planning to buy a new car or any other vehicle, scrapping the old vehicle can now prove beneficial as commercial and passenger vehicle manufacturers are willing to offer a discount if they have a valid Certificate of Deposit. Union Minister for Road Transport & Highways Nitin Gadkari announced the discounts in a meeting with the representatives of commercial and passenger vehicle manufacturers. He appealed to the industry to give discounts on purchasing new vehicles to the customers who scrap their old vehicles. 📍𝑩𝒉𝒂𝒓𝒂𝒕 𝑴𝒂𝒏𝒅𝒂𝒑𝒂𝒎, 𝑵𝒆𝒘 𝑫𝒆𝒍𝒉𝒊 Chaired a highly productive session of the SIAM CEO’s Delegation Meeting at Bharat Mandapam today, where we addressed various critical issues facing the automobile industry. I am pleased to report that, in response to my… pic.twitter.com/9n4aUdgoby — Nitin Gadkari (@nitin_gadkari) August 27, 2024 × The Society of Indian Automobile Manufacturers (SIAM) CEOs meeting took place at Bharat Mandapam in New Delhi where it was then confirmed that the proposal of the minister was accepted by the automobile manufacturers. Also Read: This Indian city will host country's first street circuit race at night Taking to his official social media account, the minister announced, “I am pleased to report that, in response to my recommendation, several commercial and passenger vehicle manufacturers have agreed to offer discounts for the purchase of new vehicles against the scrapping of older vehicles with a valid Certificate of Deposit.” Explaining the importance of this development, he said, “This initiative will significantly advance our Circular Economy efforts, ensuring that cleaner, safer, and more efficient vehicles are on our roads." How much discounts will be given to customers for passenger vehicles? According to a report published in The Times Of India, auto majors are likely to give a 1.5-3.5 per cent discount to buyers who scrap their old vehicle when buying a new one. As per the reports, passenger vehicle manufacturers like Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Kia, Honda, Toyota, JSW MG Motor, Renault India, Nissan India, Skoda and Volkswagen India have agreed to offer a 1.5 per cent discount on the ex-showroom price of the new car or Rs 20,000, whichever is less. Watch: Canada imposes 100% tariff on Chinese-made electric cars Customers can get a discount if they have scraped a passenger vehicle in the last six months and the scrapped vehicle's details are linked to the Vahan system. As per the official statement, passenger vehicle companies like Tata Motors, Volvo Eicher Commercial Vehicles, Ashok Leyland, Mahindra & Mahindra, Force Motors, Isuzu Motors and SML Isuzu have agreed to give a 3 per cent discount on ex-showroom prices on commercial vehicles more than 3.5 tonnes and around 1.5 per cent discount on ex-showroom prices for CVs less than 3.5 tonnes. (With inputs from agencies)

Planning to buy a new car? Here's how scrapping your old vehicle can give you major discounts

Even as the sale of Twitter has been confirmed to billionaire Elon Musk for $44 billion, the purchase of initial 9% stake in the company before the takeover is being probed, said a news report. &nbsp;

The investigation is being carried out by the Federal Trade Commission (FTC), said a report of The Information on Thursday. &nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/world/judge-rejects-elon-musk-bid-to-free-tweets-from-oversight-474662" hreflang="en">Judge rejects Elon Musk bid to free tweets from oversight</a>

This comes as the sale was announced recently. The shareholders are reportedly going to receive $54.20 in cash for each share of Twitter stock they own as per the deal. &nbsp;

So, what is the FTC looking for? It is checking the compliance of an antitrust reporting requirement by Musk while buying the stake in Twitter in early April, the report said, citing people familiar with the development. &nbsp;

Watch | Crackdown on hate: How will Elon Musk deals with new EU law?

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If the rules about reporting significant stock purchases is not followed, the companies can be fined up to $43,792 per day. &nbsp;

The inquiry of the FTC focusses on whether Musk bought the stake to influence management of Twitter or he wanted to be a passive shareholder, the report said. &nbsp;

However, Musk had characterised his stake as passive in his April 4 filing with the US Securities and Exchange Commission. &nbsp;

WATCH WION LIVE HERE

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(With inputs from agencies)&nbsp;

Even as the sale of Twitter has been confirmed to billionaire Elon Musk for $44 billion, the purchase of initial 9% stake in the company before the takeover is being probed, said a news report.

Even as the sale of Twitter has been confirmed to billionaire Elon Musk for $44 billion, the purchase of initial 9% stake in the company before the takeover is being probed, said a news report. The investigation is being carried out by the Federal Trade Commission (FTC), said a report of The Information on Thursday. Also Read: Judge rejects Elon Musk bid to free tweets from oversight This comes as the sale was announced recently. The shareholders are reportedly going to receive $54.20 in cash for each share of Twitter stock they own as per the deal. So, what is the FTC looking for? It is checking the compliance of an antitrust reporting requirement by Musk while buying the stake in Twitter in early April, the report said, citing people familiar with the development. Watch | Crackdown on hate: How will Elon Musk deals with new EU law? × If the rules about reporting significant stock purchases is not followed, the companies can be fined up to $43,792 per day. The inquiry of the FTC focusses on whether Musk bought the stake to influence management of Twitter or he wanted to be a passive shareholder, the report said. However, Musk had characterised his stake as passive in his April 4 filing with the US Securities and Exchange Commission. WATCH WION LIVE HERE (With inputs from agencies)

Tesla CEO Elon Musk’s purchase of initial 9% stake in Twitter under scrutiny, says report  

Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases amid a severe foreign exchange crisis in the island nation.

The move came few days after energy minister Udaya Gammanpila warned that the current availability of fuel in the country can be guaranteed only till next January.

Also Read |&nbsp;<a href="https://www.wionews.com/south-asia/sri-lanka-allows-sharp-rise-in-food-prices-to-ease-shortages-419123">Sri Lanka allows sharp rise in food prices to ease shortages</a>

The state-run Ceylon Petroleum Corporation (CPC) owes nearly USD 3.3 billion to the two main government banks -- Bank of Ceylon and People's Bank. The state oil distributors imports crude from the Middle East and refined products from other areas, including Singapore.

We are currently engaged with the Indian High Commission here to obtain the facility (USD 500 million credit line) under the India-Sri Lanka economic partnership arrangement," CPC Chairman Sumith Wijesinghe was quoted as saying by local news website newsfirst.Lk.

He said the facility would be utilised for purchasing petrol and diesel requirements.

The energy secretaries of both India and Lanka are expected to sign an agreement for the loan soon, the report quoted Finance Secretary S R Attygalle as saying.

The government has put on hold the expected retail price hike of fuel despite the last week's increase in cooking gas and other essentials.

Also Read |&nbsp;<a href="https://www.wionews.com/south-asia/sri-lanka-lifts-virus-lockdown-retains-night-curfew-417295">Sri Lanka lifts virus lockdown, retains night curfew</a>

The price hike in the global oil prices has forced Lanka to spend more on oil imports this year. The country's oil bill has jumped 41.5 per cent to USD 2 billion in the first seven months of this year, compared to last year.

Lanka is facing a severe foreign exchange crisis after the pandemic hit the nation's earnings from tourism and remittances, Finance Minister Basil Rajapaksa had said last month.

The country's Its GDP contracted by a record 3.6 per cent in 2020 and its foreign exchange reserves plunged by over a half in one year through July to just USD 2.8 billion. This has led to a 9 per cent depreciation of the Sri Lankan rupee against the dollar over the past one year, making imports more expensive.

Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases amid a severe foreign exchange crisis in the island nation. The move came few days after energy minister Udaya Gammanpila warned that the current availability of fuel in the country can be guaranteed only till next January.

Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases amid a severe foreign exchange crisis in the island nation. The move came few days after energy minister Udaya Gammanpila warned that the current availability of fuel in the country can be guaranteed only till next January. Also Read | Sri Lanka allows sharp rise in food prices to ease shortages The state-run Ceylon Petroleum Corporation (CPC) owes nearly USD 3.3 billion to the two main government banks -- Bank of Ceylon and People's Bank. The state oil distributors imports crude from the Middle East and refined products from other areas, including Singapore. We are currently engaged with the Indian High Commission here to obtain the facility (USD 500 million credit line) under the India-Sri Lanka economic partnership arrangement," CPC Chairman Sumith Wijesinghe was quoted as saying by local news website newsfirst.Lk. He said the facility would be utilised for purchasing petrol and diesel requirements. The energy secretaries of both India and Lanka are expected to sign an agreement for the loan soon, the report quoted Finance Secretary S R Attygalle as saying. The government has put on hold the expected retail price hike of fuel despite the last week's increase in cooking gas and other essentials. Also Read | Sri Lanka lifts virus lockdown, retains night curfew The price hike in the global oil prices has forced Lanka to spend more on oil imports this year. The country's oil bill has jumped 41.5 per cent to USD 2 billion in the first seven months of this year, compared to last year. Lanka is facing a severe foreign exchange crisis after the pandemic hit the nation's earnings from tourism and remittances, Finance Minister Basil Rajapaksa had said last month. The country's Its GDP contracted by a record 3.6 per cent in 2020 and its foreign exchange reserves plunged by over a half in one year through July to just USD 2.8 billion. This has led to a 9 per cent depreciation of the Sri Lankan rupee against the dollar over the past one year, making imports more expensive.

Lanka seeks USD 500 million loan from India for fuel purchase

Pakistan will receive its first purchase of over&nbsp;one&nbsp;million doses of Chinese Sinopharm and&nbsp;CanSino&nbsp;Covid-19 vaccines by the end of March, the minister in charge of pandemic operations&nbsp;said&nbsp;on Tuesday.&nbsp;

This will be the first consignment of Covid-19 vaccines the Pakistani government has purchased from any manufacturer for its 220 million people. Pakistan has previously relied on donations and on allocations from the World Health&nbsp;Organisation-backed COVAX scheme for poorer nations.&nbsp;

"We have purchased one million and 60,000 doses of Sinopharm and&nbsp;CanSino&nbsp;vaccines," Asad Umar said. "We will be receiving the consignment before the end of March."&nbsp;

He said the government was in talks with the same companies to purchase a further seven million doses of the vaccines.&nbsp;

"We want them to deliver that seven million by the end of April, but they have not confirmed this yet. They might have some supply issues," Umar added.&nbsp;

Pakistan is currently vaccinating frontline healthcare workers and citizens over the age of 60 free of charge using Sinopharm doses donated by China.&nbsp;

The South Asian country has recently experienced a sharp rise in Covid-19 infections.&nbsp;

(With inputs from agencies)&nbsp;

&nbsp;

Pakistan will receive its first purchase of over one million doses of Chinese Sinopharm and CanSino Covid-19 vaccines by the end of March, the minister in charge of pandemic operations said on Tuesday.

Pakistan will receive its first purchase of over one million doses of Chinese Sinopharm and CanSino Covid-19 vaccines by the end of March, the minister in charge of pandemic operations said on Tuesday. This will be the first consignment of Covid-19 vaccines the Pakistani government has purchased from any manufacturer for its 220 million people. Pakistan has previously relied on donations and on allocations from the World Health Organisation-backed COVAX scheme for poorer nations. "We have purchased one million and 60,000 doses of Sinopharm and CanSino vaccines," Asad Umar said. "We will be receiving the consignment before the end of March." He said the government was in talks with the same companies to purchase a further seven million doses of the vaccines. "We want them to deliver that seven million by the end of April, but they have not confirmed this yet. They might have some supply issues," Umar added. Pakistan is currently vaccinating frontline healthcare workers and citizens over the age of 60 free of charge using Sinopharm doses donated by China. The South Asian country has recently experienced a sharp rise in Covid-19 infections. (With inputs from agencies)

Pakistan to receive first purchase of over 1 mn doses of Chinese vaccines

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday said that any purchase which exceeds Rs 1 crore would be displayed on public domain for transparency and corruption-free governance.

During a review meeting, Reddy said that there have been scams in the previous government from school uniforms to automobiles but the current government will have to ensure that all deals are done in a fair and transparent manner, read an official statement.

"We have to stem the rot and guide the governance in a proper way which will be acceptable to all," Reddy stated.

All purchases should be done only by bidding and the contractor's name should be displayed only after the finalisation, he said while adding that the next round of review meeting would be held on August 28.

The Chief Minister also asked officials to suggest ways and means to carry out the purchases in the most effective and transparent manner.

Panchayat Raj Minister Peddireddy Ramchandra Reddy, Finance Minister Buggana Rajendernath and other officials were also present in the meeting.

In another review meeting of the Cabinet sub-committee that is probing into the irregularities by the previous government, the Chief Minister said that they should carry forward the probe without any fear or favour and not to succumb to any pressure.

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday said that any purchase which exceeds Rs 1 crore would be displayed on public domain for transparency and corruption-free governance.

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Wednesday said that any purchase which exceeds Rs 1 crore would be displayed on public domain for transparency and corruption-free governance. During a review meeting, Reddy said that there have been scams in the previous government from school uniforms to automobiles but the current government will have to ensure that all deals are done in a fair and transparent manner, read an official statement. "We have to stem the rot and guide the governance in a proper way which will be acceptable to all," Reddy stated. All purchases should be done only by bidding and the contractor's name should be displayed only after the finalisation, he said while adding that the next round of review meeting would be held on August 28. The Chief Minister also asked officials to suggest ways and means to carry out the purchases in the most effective and transparent manner. Panchayat Raj Minister Peddireddy Ramchandra Reddy, Finance Minister Buggana Rajendernath and other officials were also present in the meeting. In another review meeting of the Cabinet sub-committee that is probing into the irregularities by the previous government, the Chief Minister said that they should carry forward the probe without any fear or favour and not to succumb to any pressure.

Purchase over 1 crore to display on public domain for transparency, corruption-free governance: Andhra CM Jagan Mohan Reddy

Tata Sons Friday confirmed its interest in acquiring the beleaguered Jet Airways but said no concrete "proposal" has been made by the group so far.

The Tatas, which already run two carriers-- the full- service Vistara in a joint venture with Singapore Airlines (SIA) and AirAsia India in a similar arrangement with Malaysian carrier Air Asia--have widely speculated to be planning to acquire Naresh Goyal-controlled airline with it's the Singaporean partner.

"Over the last few days there has been growing speculation about Tata's interest in Jet Airways. We would like to clarify that any such discussions (to acquire Jet Airways) have been preliminary and no proposal has been made," Tata Sons said in a statement after a marathon five-hour board meeting at the headquarters here.

Addressing the analysts at the post-earnings concall, earlier this week, Jet Airways' deputy chief executive and chief financial officer Amit Agarwal had admitted that the airline was in talks with "multiple interested parties" for fund infusion as well as stake in its loyalty progarmme Jet Privilege.

Besides Goyal,who along with his family owns 51 per cent stake in the company, Gulf carrier Etihad Airways owns 24 per cent in the cash-strapped airline which has been delaying salaries and payments to vendors for many months now.

Media reports suggest that the parent company of Vistara, Tata Sons-Singapore Airlines, is looking at an all- stock merger of Jet Airways as part of the Tata group's plans to board Goyal's full service carrier, which is grappling with cash crunch and mounting losses.

The airline earlier this week reported a net loss of Rs 1,261 crore in the September quarter against a profit of Rs 71 crore y-o-y, making it the third straight quarters of heavy losses.

The two sides are reportedly inching towards a two- step transaction that would first see Jet merging with Tata- SIA joint venture through a share swap to form a new JV, which will have the Goyal family, Etihad, Tata Sons and Singapore Airlines as its partners. But a bone of contention is the Tatas' insistence on Goyal completely leaving the airline which he built 25 years ago.

However, in an exchange filing Thursday, Jet Airways described the media reports as speculative.

Reports also suggest in the eventuality of the Tata Group taking over Jet Airways, it might exit from AirAsia India, which has so far not been very aggressive in a market that has been clipping at 20 per cent on the back of a prolonged low-fare regime.

Jet, which along with its subsidiary JetLite flies 66 domestic and international destinations, has a combined fleet of 124 planes and enjoys 15.8 per cent market share, while Vistara, which has a low 3.8 per cent market share, on a fleet of 22 planes and flies to as many destinations.

On the other hand, AirAsia India accounts for just 4.4 per cent of the total domestic passenger traffic with a fleet of 19 planes. 
Besides, a merger of the two carriers will also allow Vistara will propel its plans to go international, which are currently reportedly stuck in the Rajiv Bhawan (which house civil aviation ministry) files.

Way back in 2008, the erstwhile Kingfisher Airlines had resorted to a similar move when it acquired the domestic low-cost pioneer Air Deccan to go international as it had not completed five years into domestic flying, which was mandatory for airlines at that time for overseas operations.

The merger talks have sent the Jet counter soaring over 40 per cent in the past five trading sessions alone. It soared over 26.41 per cent Thursday and rallied over 14 percent early Friday but closed with an over 8 per cent gain at Rs 346.85 on the BSE, whose index jumped 0.56 percent.

There are also rumours that the Tatas are being nudged by government. However, government has denied that it is brokering the deal or asked has bankers to take a haircut on Jet debt to sweeten the deal.

"The aviation ministry is not involved in this process so far. Hence any question of haircut (by banks and other stakeholders like Airports Authority) etc does not arise," aviation secretary RN Choubey told PTI Thursday.&nbsp;

Tata Sons Friday confirmed its interest in acquiring the beleaguered Jet Airways but said no concrete "proposal" has been made by the group so far. The Tatas, which already run two carriers-- the full- service Vistara in a joint venture with Singapore Airlines (SIA) and AirAsia India in a similar arrangement with Malaysian carrier Air Asia--have widely speculated to be planning to acquire Naresh Goyal-controlled airline with it's the Singaporean partner.

Tata Sons Friday confirmed its interest in acquiring the beleaguered Jet Airways but said no concrete "proposal" has been made by the group so far. The Tatas, which already run two carriers-- the full- service Vistara in a joint venture with Singapore Airlines (SIA) and AirAsia India in a similar arrangement with Malaysian carrier Air Asia--have widely speculated to be planning to acquire Naresh Goyal-controlled airline with it's the Singaporean partner. "Over the last few days there has been growing speculation about Tata's interest in Jet Airways. We would like to clarify that any such discussions (to acquire Jet Airways) have been preliminary and no proposal has been made," Tata Sons said in a statement after a marathon five-hour board meeting at the headquarters here. Addressing the analysts at the post-earnings concall, earlier this week, Jet Airways' deputy chief executive and chief financial officer Amit Agarwal had admitted that the airline was in talks with "multiple interested parties" for fund infusion as well as stake in its loyalty progarmme Jet Privilege. Besides Goyal,who along with his family owns 51 per cent stake in the company, Gulf carrier Etihad Airways owns 24 per cent in the cash-strapped airline which has been delaying salaries and payments to vendors for many months now. Media reports suggest that the parent company of Vistara, Tata Sons-Singapore Airlines, is looking at an all- stock merger of Jet Airways as part of the Tata group's plans to board Goyal's full service carrier, which is grappling with cash crunch and mounting losses. The airline earlier this week reported a net loss of Rs 1,261 crore in the September quarter against a profit of Rs 71 crore y-o-y, making it the third straight quarters of heavy losses. The two sides are reportedly inching towards a two- step transaction that would first see Jet merging with Tata- SIA joint venture through a share swap to form a new JV, which will have the Goyal family, Etihad, Tata Sons and Singapore Airlines as its partners. But a bone of contention is the Tatas' insistence on Goyal completely leaving the airline which he built 25 years ago. However, in an exchange filing Thursday, Jet Airways described the media reports as speculative. Reports also suggest in the eventuality of the Tata Group taking over Jet Airways, it might exit from AirAsia India, which has so far not been very aggressive in a market that has been clipping at 20 per cent on the back of a prolonged low-fare regime. Jet, which along with its subsidiary JetLite flies 66 domestic and international destinations, has a combined fleet of 124 planes and enjoys 15.8 per cent market share, while Vistara, which has a low 3.8 per cent market share, on a fleet of 22 planes and flies to as many destinations. On the other hand, AirAsia India accounts for just 4.4 per cent of the total domestic passenger traffic with a fleet of 19 planes. Besides, a merger of the two carriers will also allow Vistara will propel its plans to go international, which are currently reportedly stuck in the Rajiv Bhawan (which house civil aviation ministry) files. Way back in 2008, the erstwhile Kingfisher Airlines had resorted to a similar move when it acquired the domestic low-cost pioneer Air Deccan to go international as it had not completed five years into domestic flying, which was mandatory for airlines at that time for overseas operations. The merger talks have sent the Jet counter soaring over 40 per cent in the past five trading sessions alone. It soared over 26.41 per cent Thursday and rallied over 14 percent early Friday but closed with an over 8 per cent gain at Rs 346.85 on the BSE, whose index jumped 0.56 percent. There are also rumours that the Tatas are being nudged by government. However, government has denied that it is brokering the deal or asked has bankers to take a haircut on Jet debt to sweeten the deal. "The aviation ministry is not involved in this process so far. Hence any question of haircut (by banks and other stakeholders like Airports Authority) etc does not arise," aviation secretary RN Choubey told PTI Thursday.

Tatas confirm in preliminary talks with Jet Airways for a deal

India has signed a billion-dollar deal with Boeing to buy four maritime surveillance planes, defence and aviation sources said Wednesday, as it looks to counter China in the Indian Ocean. 
 
The deal for four P-8I aircraft follows India&#39;s earlier purchase of eight of the planes from the American aerospace giant in 2009. 
 
&quot;The deal has been signed. The delivery dates are being worked out,&quot; a defence ministry source told AFP, adding that the deal was worth more than a billion dollars. 
 
India has already deployed its original eight long-range P-8I aircraft to track submarine movements in the Indian Ocean. 
 
The navy is looking to beef up its fleet to strengthen its capabilities against submarines and surface ships. 
 
&quot;India has a vast maritime border and these planes are meant for long-range surveillance,&quot; a Boeing official told AFP, adding that a clause in the earlier agreement provided for New Delhi to purchase four more planes. 
 
&quot;The navy will likely deploy them in the Indian Ocean and Bay of Bengal to counter Chinese influence in the seas,&quot; the official said. 
 
India, the world&#39;s number one defence importer, is in the midst of a multi-billion dollar upgrade of its Soviet-era military hardware. 
 
The country has signed several big-ticket defence deals since Prime Minister Narendra Modi&#39;s Bharatiya Janata Party stormed to power in 2014. 
 
Other deals have been mired in bureaucratic wrangles, however, notably the agreement to buy 36 Rafale fighter jets from France&#39;s Dassault Aviation which has been pending since 2012. 
 
Modi&#39;s government has raised the limit on foreign investment in the defence sector and encouraged tie-ups between foreign and local companies. 
 
Modi has also called for the manufacturing of defence equipment locally and cut down reliance on expensive imports. 
 
(AFP) 
&nbsp;

The P-8I Poseidons will help India bolster its navy as New Delhi tries to check China's presence in the Indian Ocean

India has signed a billion-dollar deal with Boeing to buy four maritime surveillance planes, defence and aviation sources said Wednesday, as it looks to counter China in the Indian Ocean. The deal for four P-8I aircraft follows India's earlier purchase of eight of the planes from the American aerospace giant in 2009. "The deal has been signed. The delivery dates are being worked out," a defence ministry source told AFP, adding that the deal was worth more than a billion dollars. India has already deployed its original eight long-range P-8I aircraft to track submarine movements in the Indian Ocean. The navy is looking to beef up its fleet to strengthen its capabilities against submarines and surface ships. "India has a vast maritime border and these planes are meant for long-range surveillance," a Boeing official told AFP, adding that a clause in the earlier agreement provided for New Delhi to purchase four more planes. "The navy will likely deploy them in the Indian Ocean and Bay of Bengal to counter Chinese influence in the seas," the official said. India, the world's number one defence importer, is in the midst of a multi-billion dollar upgrade of its Soviet-era military hardware. The country has signed several big-ticket defence deals since Prime Minister Narendra Modi's Bharatiya Janata Party stormed to power in 2014. Other deals have been mired in bureaucratic wrangles, however, notably the agreement to buy 36 Rafale fighter jets from France's Dassault Aviation which has been pending since 2012. Modi's government has raised the limit on foreign investment in the defence sector and encouraged tie-ups between foreign and local companies. Modi has also called for the manufacturing of defence equipment locally and cut down reliance on expensive imports. (AFP)

India orders 4 more maritime spy planes from Boeing worth $1 billion

China health authorities have started a nationwide inspection of vaccinations four months after a scandal broke involving nearly $90 million worth of illegal vaccines that were suspected of being sold in dozens of provinces.

Authorities will track purchases as well as the distribution of vaccines and vaccination records, to ensure they are legally traded and properly handled and used, the National Health and Family Planning Commission said in a statement published online.

Random checks will be conducted at 20 per cent of hospitals and clinics providing vaccinations, while all disease control and prevention agencies nationwide will be inspected, it said.

In March, authorities pledged to crack down on the black market sale of vaccines after a mother and daughter in Shandong province were found to have illegally bought vaccines from traders and sold on to hundreds of re-sellers around China.

The vaccines, which police said were made by licensed producers, were not kept and transported in the required cold conditions, which could mean that patients taking them could suffer severe side effects or even death.

Hong Kong limited the number of non-resident children getting vaccinations at government clinics there after the scare raised fears that mainland families would go to the city for inoculations and put pressure on supplies. 
 
(Reuters)

Licensed vaccines weren't transported in the required conditions, which could lead to patients suffering severe side effects, even death

China health authorities have started a nationwide inspection of vaccinations four months after a scandal broke involving nearly $90 million worth of illegal vaccines that were suspected of being sold in dozens of provinces. Authorities will track purchases as well as the distribution of vaccines and vaccination records, to ensure they are legally traded and properly handled and used, the National Health and Family Planning Commission said in a statement published online. Random checks will be conducted at 20 per cent of hospitals and clinics providing vaccinations, while all disease control and prevention agencies nationwide will be inspected, it said. In March, authorities pledged to crack down on the black market sale of vaccines after a mother and daughter in Shandong province were found to have illegally bought vaccines from traders and sold on to hundreds of re-sellers around China. The vaccines, which police said were made by licensed producers, were not kept and transported in the required cold conditions, which could mean that patients taking them could suffer severe side effects or even death. Hong Kong limited the number of non-resident children getting vaccinations at government clinics there after the scare raised fears that mainland families would go to the city for inoculations and put pressure on supplies. (Reuters)

China launches nationwide inspection of vaccines

Iran and US aerospace giant Boeing have reached a deal for the purchase of 100 aircraft to renew the country&#39;s ageing fleet, the head of Tehran&#39;s civil aviation authority announced today. 
 
&quot;We have 250 planes in the country, 230 need to be replaced,&quot; said Ali Abedzadeh, the head of the civil aviation body, adding that the deal still needed approval from the US government. 
 
(AFP)

Iran and US aerospace giant Boeing have reached a deal for the purchase of 100 aircraft to renew the country's ageing fleet, the head of Tehran's civil aviation authority announced today. "We have 250 planes in the country, 230 need to be replaced," said Ali Abedzadeh, the head of the civil aviation body, adding that the deal still needed approval from the US government. (AFP)

Iran, Boeing reach deal on purchase of 100 planes: Tehran

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