Periya twin murder case: CBI court found 14 guilty including former CPI(M) MLA
Kochi(PTI): A CBI court here on Saturday found 14 accused including a CPI(M) former MLA guilty in the murder of two Youth Congress workers - Kripesh and Sarath Lal at Periya in Kasaragod district of Kerala five years ago.
Of the 24 accused, the court found the first eight accused guilty of murder and conspiracy charges and another six guilty of conspiracy, destruction of evidence and providing assistance for operating the crime, while remaining 10 accused have been acquitted in the case.
The court will pronounce the sentence on January 3.
The case pertains to the murder of Youth Congress workers Kripesh, 19, and Sarath Lal P K, 24, allegedly by CPI(M) workers on February 17, 2019.
The accused found guilty include former MLA and CPI(M) district leader K V Kunhiraman, Kanhangad block panchayat president K Manikandan, former CPI(M) Periya local committee member A Peethambaran, and former Pakkam local secretary Raghavan Velutholi.
According to the prosecution, the twin murders were carried out after politically motivated attacks and counterattacks between the workers of CPI(M) and Congress in the area.
The CBI filed the charge sheet in this case against 24 persons including six CPI(M) workers under various charges such as murder, criminal conspiracy, and unlawful assembly.
The central agency had taken over the investigation from the Kerala Police on October 23, 2019 on the directives of the Kerala High Court.
The crime branch of the state police had filed a charge sheet on May 20, 2019 against 14 accused, but the parents of the victims moved the high court, seeking quashing of charge sheet expressing anguish over the findings of the police.
The Kerala government opposed a CBI probe in the high court and later at the Supreme Court, but the apex court allowed the central probe agency to carry on with its investigation, officials said.
Sathyanarayanan, the father of the deceased Sarathlal, expressed satisfaction with the verdict but added that the legal fight would continue until all the accused are brought to justice. "Ten accused have been acquitted, and we will pursue legal action after consulting with the prosecutor," he said.
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Air India resorts to cost-cutting ways amid 'tough times'; layoffs not anticipated
New Delhi/Mumbai (PTI): Hit hard by Pakistan airspace closure and Iran war, Air India has resorted to cost-cutting measures, including holding back annual increments for staff and asking them to cut discretionary spending as well as non-critical expenditures, warning of "tough times".
On Friday, Air India Chief Executive Officer & Managing Director (CEO & MD) Campbell Wilson told the staff it is going to be a "very, very difficult year" if things don't improve on the Middle East front.
A day after the loss-making airline's board discussed various cost-saving steps, Wilson, along with Chief Financial Officer (CFO) Sanjay Sharma and Chief Human Resources Officer (CHRO) Ravindra Kumar GP, addressed the employees during a townhall on Friday where the emphasis on the need to keep a close watch on costs.
With higher jet fuel prices due to the West Asia conflict and airspace curbs, the loss-making airline's expenses have spiralled in recent times and against this backdrop, Sharma also told staffers that FY26 has seen a softening in revenue amid heightened external uncertainties.
Calling for a relentless focus on costs in these tough times, Wilson urged employees to suspend discretionary spending, renegotiate rates where feasible, and defer non-critical expenditures.
"There must be a laser-sharp focus on eliminating wastage and leakages," he said.
Stressing the need to tighten the belt for a while, Wilson sounded optimistic that travel demand would rebound and the industry would continue on its upward path.
CHRO Ravindra Kumar told staff that the airline will proceed with variable pay for the last financial year and continue with planned promotions while noting that annual increments will be deferred by at least one quarter.
"We don't anticipate layoffs," he said.
At the airline's board meeting on Thursday, various cost-saving steps, including likely furloughs, were discussed. The Tata Group-owned airline has around 24,000 employees.
Generally, furlough refers to sending staff on unpaid leaves by companies during a tough financial situation.
During the townhall, CFO Sanjay Sharma said while strong revenue growth and fleet expansion drove financial momentum through FY25, FY26 has seen a softening in revenue amid heightened external uncertainties.
Air India has seen around 40 per cent CAGR (Compounded Annual Growth Rate) in revenue between 2022 and 2025, he added.
The airline was acquired by the Tata Group from the government in January 2022.
The Air India CEO mentioned the external challenges being facing the aviation industry as a whole, including the continued closure of Pakistan airspace that is expected to persist for the foreseeable future and geopolitical conflicts leading to disruptions and airspace closures across West Asia.
Wilson, who is set to step down later this year, also flagged a sharp depreciation of the rupee and a 2.5-3 times increase in jet fuel prices, and added that these factors have adversely affected travel sentiment and consumer confidence, as per the sources.
If the Strait of Hormuz opens, oil prices fall and consumer as well as business confidence come back, there is a decent chance of a solid recovery, Wilson said, adding that unless those circumstances happen, it was going to be "a very, very difficult year".
"I feel somewhat responsible that we ended up with probably the biggest surprise of the year in the external environment which was a full-scale war in our neighbouring region in the Gulf. That has had a huge impact on airspace," he said.
For Air India, Wilson said the situation is compounded by the fact that the airline cannot fly over the neighbouring country and has to take a much longer routing for any west-bound destination.
"Every airline is reporting that they are under some sort of financial pressure as a result of higher fuel prices and economic uncertainty. So, it is unfortunately not a great environment to be running an airline," the Air India CEO said.
The Air India Group -- Air India and Air India Express -- is projected to have incurred more than Rs 22,000 crore loss in the financial year ended March 2026.
At the townhall, Wilson also highlighted various initiatives, including completion of the retrofit of its legacy narrow-body aircraft and rapid network optimisation to redeploy capacity more efficiently.
