The ailing carrier was facing a net cumulative loss of Rs 20,320 crore.
The issue of equity infusion in Air India will be taken up by the Cabinet shortly and a cabinet note will be prepared in two weeks.
Carrying on with its probe into allegations of over Rs 360 crore bribe paid in the purchase of VVIP helicopters, the Central Bureau of Investigation recorded statement of Goa Governor B V Wanchoo as a "witness".
The Central Bureau of Investigation will soon examine army officers who were part of the selection process for the 197 light utility helicopter deal which came under scanner of Italian authorities during their probe into bribery allegations against AgustaWestland in VVIP helicopter agreement.
Earlier, liquor bottles went missing from the same flight and Air India's Vigilance Department conducted an enquiry.
A special court on Monday issued non-bailable warrants against two Italian nationals who were alleged middlemen in Rs 3,600-crore VVIP chopper deal case after ED said they were required to be interrogated to ascertain the money trail.
The Central Bureau of Investigation will soon record the statement of former Director, Intelligence Bureau and Governor of Andhra Pradesh E S L Narasimhan as witness in connection with allegations of bribery in purchase of 12 VVIP helicopters from Ango-Italian firm AgustaWestland.
The Indian Air Force headquarters in a reply said, 'The information sought vide your RTI application is not available at this HQ.'
The Central Bureau of Investigation has clarified to the law ministry that it wants to question two governors -- M K Narayanan and B V Wanchoo of West Bengal and Goa respectively as 'witnesses' in connection with its probe in the VVIP helicopter deal.
'I am only asking about his travel bills and expenditure.'
The nexus between middlemen, arms agents and government officials has been broken, according to Defence Minister Manohar Parrikar.
J&K Deputy Chief Minister Nirmal Singh on Thursday said that people are making a 'mountain out of a molehill' over the delay of the Air India flight.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
A Delhi court has allowed the plea of two family members of former Indian Air Force chief S P Tyagi, accused in the Rs 3600 crore VVIP helicopter deal scam, to defreeze their bank accounts subject to certain conditions.
"As Civil Aviation minister, I apologise to all those affected (by these incidents)," Ashok Gajapathi Raju told a press conference in New Delhi on Thursday evening, in an attempt to end the controversy.
An unprecedented security arrangement, comprising Delhi Police and paramilitary forces, has been put in place in the national capital ahead of the arrival of the US President Barack Obama, who is on a three-day visit beginning on Sunday.
Dhruv and LUH helicopters must supply provisions to, and evacuate casualties from Siachen Glacier posts like Sonam, which, at 20,997 feet, is the highest inhabited spot on the planet.
Intelligence agencies have warned of a possible terror threat ahead during the Republic Day celebrations by Pakistan-based terror groups who may use Afghan IDs to sneak into India and carry out attacks.
In a security scare, a dummy stun-grenade was on Saturday found on board an Air India jumbo plane as it landed at Jeddah in the wee hours, which the airline attempted to downplay but was rebuffed by Civil Aviation Minister Ashok Gajapathi Raju who called it a "failure".
'Judging by the conduct of two governors of Kerala and one governor from Kerala, Congressmen treated Raj Bhavan as a transition point before taking a flight back into active politics.'
'Modi's political economy is more inspired by Indira Gandhi than Vajpayee.' 'She so wanted an Opposition-mukt Bharat.' 'Sounds familiar?' asks Shekhar Gupta.
This is the fifth time that Nitish will be the chief minister of Bihar and this will be his third consecutive term.
Targeting the previous United Progressive Alliance regime over the controversial AgustaWestland deal, Defence Minister Manohar Parrikar on Wednesday said the ongoing probe will focus on those named in the Italian court judgement.
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