The CBI has closed a case against former Air India CMD Arvind Jadhav and others over alleged corruption in the appointments of general managers after the central government refused to grant its sanction to prosecute him, officials said. The agency had booked Jadhav, then general manager L P Nakhwa (now retired), and then additional general managers A Kathpalia, Amitabh Singh and Rohit Bhasin after a year-long preliminary enquiry, they said. It was alleged that Jadhav had constituted illegal/irregular promotion panel to recommend suitable candidates for promotion to the post of general manager (operations), they said.
Besides barring from entering premises, the order also directed Rohit Bhasin to surrender his identity card.
While Bhasin will be getting provident fund money and gratuity, he would not be getting leave encashment for 420 days, medical reimbursement for himself and wife, free passes for himself and wife, and holiday home facilities.
The RBI is expected to build reserves so the source of primary liquidity creation is backed by forex reserves.
Air India got its third Boeing 787 Dreamliner on Tuesday from the new North Charleston facility of the US-based manufacturer.
Thirty years ago, he'd introduced himself as Capt Rohan Bhasin to his playschool teacher.
A new generation with different mindsets now dominates offices.
A new generation with different mindsets now dominates offices.
Since 1954, the Bhasins have collectively flown every aircraft in India.
Possible slowdown of FII money into debt and equity markets could add pressure on currency.
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