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German Finance Minister commits suicide as coronavirus outbreak hits countrys economy

Thomas Schaefer

Thomas Schaefer, the Finance Minister of Hesse state in Germany, committed suicide after being worried about the downfall of the countrys economy due to coronavirus outbreak. The incident was confirmed by state premier Volker Bouffier on Sunday.

54-year-old Schaefer was reported to be found near a railway track on Saturday by the Wiesbaden prosecutions office. We believe he died by committing suicide?, they added. Bouffier in a recorded statement said, We all are in shock, we are in disbelief and above all, we are immensely sad.

Also read: SpiceJet pilot, who did not fly international flights in March, tests positive for coronavirus

Speaking about Schaefer, visibly distraught Bouffier recalled that, Thomas had been the finance minister of Hesse for 10 years, and he was working day and night to help companies and workers deal with the economic impact of the pandemic coronavirus. Today, we have to assume that he was deeply worried. It’s precisely during this difficult time that we would have needed someone like him, Bouffier added.

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Entertainment

The Kashmir Files felt like propaganda, vulgar and inappropriate: Israeli director, Nadav Lapid

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Elina Nayak | India

Israeli director, Nadav Lapid and (right), poster of ‘The Kashmir Files’

One film that was much talked about and gathered controversy this year is ‘The Kashmir Files’. And actor Anupam Kher, who played a central role in the film, is applauded for his acting. But, a recent video released from the film festival has gone viral. The video shows IFFI Jury Head, Nadav Lapid making controversial remarks about the film. And it’s confirmed by a team member of IFFI that the Israeli filmmaker made the remark at the closing ceremony.

“I would like to thank the head of the festival and the director of the programming for the cinematic richness of the programme, for its diversity, for its complexity. It was intense. We saw seven films in the debutant competition, and 15 films in the international competition, the front window of the festival. 14 out of them had cinematic qualities, defaults and evoked vivid discussions,” said Nadav Lapid in his speech.

Calling ‘The Kashmir Files’ ‘propaganda’ and ‘vulgar’, he further added, “We all were shocked and disturbed after watching ‘The Kashmir Files’. The film felt like propaganda, vulgar and inappropriate for an artistic competitive section of such a prestigious film festival. I don’t mind sharing my feelings openly in front of you all. In the spirit of this festival, I’m ready to accept a critical discussion, which is important for art and life.”

These statements of Lapid didn’t go well with actor Anupam Kher. He tweeted, “No matter how high the height of the lie is.. It is always small in comparison to the truth.” The actor also attached pictures from ‘The Kashmir Files’ and Steven Spielberg’s film ‘Schindler’s List’ with his tweet.

Also read: Ananya is aware of the fact that showbiz is a very tricky business: Chunky Panday

 

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Business

Tata Sons, Singapore Airlines to merge Vistara, Air India by March 2024

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Avani Arya | Nagpur
Singapore Airlines (SIA) and Tata Sons have coincided to merge Air India and Vistara

Vistara and Air India

Singapore Airlines (SIA) and Tata Sons have coincided to merge Air India and Vistara. SIA will be investing ₹2,058.5 Cr in Air India as part of the transaction. This will give SIA  25.1 percent stake in an enlarged Air India group.

SIA said, “Based on SIA’s 25.1 per cent stake post-completion, its share of any additional capital injection could be up to ₹50,2000 lakh, payable only after the completion of the merger.”  

Tata group owns 51 percent stake in Vistara, whereas 49 percent is held by SIA. With Vistara and Air India’s merger, Tata Sons is aiming to keep only one airline brand under its ambit.

Over past few months, Air India and Vistara have been competing for the number two spot in India. After the merger, Air India will become country’s largest airline behind IndiGo.

Around a year ago, Since Tata bought Air India for ₹18,000 Cr as part of a government disinvestment. The company is also planning to merge other airlines under one brand. That would include Air Asia India and Air India Express.  

Chairman of Tata Sons N Chandrasekaran while commenting on the merger said, ‘the merger of Vistara and Air India is an important milestone in the journey to make Air India a truly world-class airline.’

The CEO of SIA Goh Choon Phong said, “We will work together to support Air India’s transformation program, unlock its significant potential, and restore it to its position as a leading airline on the global stage.”

Vistara CEO Vinod Kannan said, “Air India is a legendary brand with a rich legacy that pioneered civil aviation in India. There is enormous potential for an airline group with the scale and network of the combined entity.”

The proposed deal is expected to be complete by March 2024. 

Also Read: Nagpur’s Shah Rukh Khan fan club turns 5; treats underprivileged children

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Nagpur News

Nagpur’s Shah Rukh Khan fan club turns 5; treats underprivileged children

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Radhika Dhawad | Nagpur

After turning five, Shah Rukh Khan fan club – FANs of SRK NAGPUR – again set out to feed the underprivileged kids in Nagpur.

“There’s no other way for us to celebrate our idol Shah Rukh Khan and our fan club that’s dedicated to him. We have learnt compassion, generosity and humility from SRK himself. How can we not celebrate him and our fan club his way?,” quipped Khalid Ahmed, founder at FANs of SRK NAGPUR.

After turning five, Shah Rukh Khan fan club – FANs of SRK NAGPUR – again set out to feed the underprivileged kids in Nagpur.

After turning five, Shah Rukh Khan fan club – FANs of SRK NAGPUR – again set out to feed the underprivileged kids in Nagpur.

After turning five, Shah Rukh Khan fan club – FANs of SRK NAGPUR – again set out to feed the underprivileged kids in Nagpur.

Ahmed founded the fan club in 2018 along with some of his friends in Nagpur with an intention to show his love towards the superstar, promote his films and do charity by helping the underprivileged from time to time.

After turning five, Shah Rukh Khan fan club – FANs of SRK NAGPUR – again set out to feed the underprivileged kids in Nagpur.

 

After completing five years of FANs of SRK NAGPUR, Ahmed, along with his club members, again set out to feed the underprivileged. The fan club also took to twitter to share the same.

The tweet read, “Started like a fan of SRK and today on the occasion of completing 5 years of our club, we celebrated the day by distributing snacks in the name of our Idol.”

 

Also read: Mannat se guzar raha tha, toh ek mannat maang li: Ayushmann Khurrana

Also watch: Shah Rukh Khan हमारी दुनिया हैं:’ Meet Nagpur fan club that feeds underprivileged kids

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