News: Ashwani Lohani, a Railway Service officer who is now the chief of Madhya Pradesh Tourism Development Corporation (MPTDC), was appointed as CMD of Air India, the state-run carrier whose combined losses currently stood at Rs 30,000 crore. A qualified mechanical engineer, Lohani is a fellow of the Chartered Institute ...
Read More »Government to instill additional Rs 800 crore into Air India
News: Air India, which is grappling with tremendous financial stress, was allocated Rs 2,500 crore in the Union Budget 2015-16 and weas short of nearly Rs 4,300 crore sought by the Ministry for the national carrier. The Finance Ministry sought Parliament’s nod for making an additional equity infusion into Air ...
Read More »