Residents of Air India Colony in Vasant Vihar lost a two-year legal battle when the Delhi High Court ordered their eviction, saying they are no longer govt employees and therefore not entitled to govt accommodation.
Many airlines expect their crew to follow strict dress codes and decorum, but Air India’s commandments even instruct members on what to say and not to say on social media.
Speaking at India Ideas Conclave, organised by think tank India Foundation in Bengaluru, V. Anantha Nageswaran, also said India was now in position to deliver domestically-driven growth'.
The real argument against disinvestment is that any sale of a large firm is likely to fall into an oligarch’s lap. No one would want to make them more powerful than they already are.
Alleging corruption and a threat to ‘national security’, the BJP MP had filed a petition against sale of Air India to the winning bidder, a wholly owned subsidiary of Tata Sons.
Cairn Energy has sued Air India in the US to recover its $1.2 billion arbitration award. This has raised questions around the stake sale of the national carrier.
Each employee will have to contribute at least Rs 100,000 to the bid. Air India has been on sale since 2017 when PM Modi’s cabinet allowed to sell all or part of the airline.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
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