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Top guns to sit on Air India international advisory board

13 August 2009 To bookmark you need to sign in  0
National carrier Air India (AI) is in the process of having a seven-member international advisory board, with former top officials of global carriers, to turn the organisation around. The Board, which is likely to be headed by industrialist Ratan Tata, may have former heads of leading carriers like Lufthansa and Singapore Airlines, sources in the know told PTI.

Air India was...
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Reserve Bank of India keeps key-rates unchanged

13 August 2009 To bookmark you need to sign in  0
Reserve Bank of India has kept all key rates like bank rate, repo rate, reverse repo rate and cash reserve ratio (CRR) unchanged and said it sees inflation to scale up to about 5% by March next year.

In its quarterly review of the monetary policy, the Reserve Bank while keeping the repo and reverse repo --shot-term rates at which banks lend and borrow from RBI-- retained economic...
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Not privy to final special leave petition in Ambani case: Parasaran

13 August 2009 To bookmark you need to sign in  0
Additional solicitor general (ASG) Mohan Parasaran said he was left out of the details of a special leave petition (SLP) filed by the petroleum ministry in the Supreme Court (SC), seeking annulment of a family MoU between the group companies of the Ambani brothers over gas supply, reports PTI.

"I found that broadly the SLP was acceptable, but was of the view that we should confine...
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