AirAsia India names Sunil Bhaskaran as CEO
The appointment comes into effect on November 15.
The appointment comes into effect on November 15.
The CBI and ED are probing possible illegalities in the manner in which the carrier secured its Indian licence. Whatever the outcome, one thing is certain: The airline has lost its sheen.
While admitting that it did lobby for removal of 5/20 rule, it clarified that it did not resort to any impropriety in obtaining the approvals.
The Trustees reaffirmed their support to the head of Tata Trusts, R Venkataramanan, and categorically denied that “Tata Trusts’ offices were raided” by the investigating agencies
Venkataramanan said the accusations made by the CBI has its roots in the “baseless allegations made by Cyrus Mistry and the Shapoor Pallonji Group” against Tata Trusts Trustees and Tata Sons.
CBI files FIR against the airline chief for allegedly flouting aviation norms for getting international flying licences.