Two-thirds of Tata Sons Pvt. is owned by philanthropic trusts, an arrangement that grants them immense say over the group’s multi-billion-dollar dividends.
In letter to Chairman Emeritus of Tata Sons, more than 1,500 pilots say their 'concerns are not being heard or addressed by the current HR team' at Air India.
In letter to airline's chief HR officer, 2 unions say pilots also not being provided 'stable roster' to plan their lives around. Air India says many employees have signed new contracts.
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.
The announcement illustrates a rising breed of private airline owners transforming a financially-risky Indian airline sector, alongside the publicity-shy founders of IndiGo.
Air India will seal the order with Boeing & engine suppliers General Electric & CFM International Friday after months of negotiations, as the Tata group seeks to revive the airline.
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.
Air India is polling pilots on whether they want to be trained to fly Airbus SE A350 jets, indicating that it intends to operate the model as it looks to renew its widebody fleet.
Govt could see deal as win considering airline’s dire debt spiral. Meanwhile, Tata should see scale of losses reducing quickly, & no more political attacks from ministers.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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