Mahindra & Mahindra Vice-Chairman Anand Mahindra today offered to resign from the board of NACIL that runs state-owned carrier Air India, citing conflict of interest.
In a letter to Civil
The National Aviation Company of India Ltd (NACIL), which runs national carrier Air India, today said it has signed an agreement with aircraft engine- maker Pratt & Whitney to set
Cash-strapped Air India is focussing on cost reduction of Rs 1,500 crore and revenue enhancement of Rs 1,200 crore as per its turnaround plan and the government would infuse equity
Nacil has demanded a equity infusion of Rs 5,000 crore from centre.
Praful Patel will meet the top management of NACIL that runs AI.
AI management and its unions on Wednesday failed to reach an agreement.
Route rejig to help save Rs 1,200 crore a year
The national carrier is estimated to suffer a loss of Rs 7,200 crore.
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