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Trust for AI crash victims to be institutionalised soon
July 08, 2025
|Financial Express Bengaluru
THE ₹500-CRORE TRUST, which is being formed by Tata Sons to extend financial support to victims and families of victims of the Air India crash, will likely be formally institutionalised later this month.
"This will happen in July itself or by the first half of August. The act of delineation is currently being worked upon," said an industry source.
Every affected family is being directly assisted by an Air India representative, with nearly two-thirds already receiving payment or in the final stages.
هذه القصة من طبعة July 08, 2025 من Financial Express Bengaluru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Bengaluru
Financial Express Bengaluru
US-Iran war hit Pakistan’s economic gains: Shehbaz
PRIME MINISTER SHEHBAZ Sharif on Wednesday said that the US-Iran war has dealt a serious blow to Pakistan's economic progress made over the past two years, as he asserted that his government will continue its efforts to help ease tensions between the two warring sides and restore peace in West Asia.
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Sun Tzu’s advice for Trump
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Mythos testing: Govt bars banks
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2 mins
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‘NCDEX sets sights on equities, MFs and global exchange’
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3 mins
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IIFL Finance profit jumps twofold
IIFL FINANCE ON Wednesday reported an over twofold increase in consolidated net profit to 623 crore for the fourth quarter ended March 2026, due to a rise in interest income and improved asset quality. The company had earned a net profit of $251 crore in the year-ago period.
1 min
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Apr-Feb pulses imports fall 35% on robust crop, stocks
AFTER SETTING
1 mins
April 30, 2026
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SAS turns India into a nerve centre for AI and analytics
SAS IS NO longer treating India as a back office - it is turning it into a core engine of global innovation and growth.
2 mins
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DII buying slows in April
In March, they invested a record ₹1.43 lakh crore
2 mins
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Aim to bring net NPA below 1% in two years: Capital SFB
CAPITAL SMALL FINANCE
1 min
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Force Motors posts 51% rise in FY26 net profit
FORCE MOTORS REPORTED a 13% year-on-year increase in standalone revenue to 9,167 crore in FY26, while profit before tax rose 55% to ₹1,304 crore and net profit grew 51% to ₹1,211 crore, marking its strongest full-year performance to date.
1 min
April 30, 2026
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