Exclusive: Watch out Dr Singh, Sonia's coming

Sheela Bhatt reveals how Sonia Gandhi has decided to take an active role in governance with the resurrection of the powerful National Advisory Council. A rediff exclusive: A big change in the......

Anand Mahindra offers to resign from AI board

Mahindra & Mahindra vice-chairman Anand Mahindra on Monday offered to resign from the board of NACIL that runs state-owned carrier Air India, citing conflict of interest.In a letter to Civil......

Kingfisher gets 3 months to repay BPCL dues

Vijay Mallya-promoted Kingfisher Airlines has turned second time lucky; the state-run Bharat Petroleum Corporation (BPCL) has granted it a three-month reprieve to pay jet fuel dues.BPCL had decided......

AI hiring controversy may mar Star Alliance entry

Government-owned Air India has to prepare itself for a searching audit from abroad, even as it grapples with a series of top-level controversies on key appointments.AI is tentatively supposed to......

Air India seeks $2.3-billion ECBs to pare debt

State-owned National Aviation Company of India Ltd (Nacil), which runs Air India, has approached the government to raise $2.3 billion through external commercial borrowings (ECBs) as part of a plan......