Rajiv Bansal has been named Air India's new Chairman and Managing Director, replacing Ashwani Lohani. The Appointments Committee of the Cabinet gave its nod for the decision on Thursday.
Debt-laden Air India Ltd is making a renewed bid to raise funds by auctioning about 38 real estate assets, including some it could not sell in previous auctions by lowering the reserve price of some of the properties.
According to Chairman and Managing Director (CMD) of Air India, Ashwani Lohani, passenger revenues during the first 4 months of the current fiscal year grew by 20 per cent. Lohani was speaking at an industry event here.
General Manager, South Central Railway, V K Yadav has been appointed the national transporter's senior-most bureaucrat by the Appointments Committee of the Cabinet, according to an official order.
Railway Board Chairman Ashwani Lohani that Railways was paying special attention to the development of human resources.
Railway Board Chairman Ashwani Lohani said during field visits, he had noticed several "impractical stipulations" in the policies of the railways and that there was a need to "recast" them.
Ashwani Lohani said that consolidation and growth would simultaneously happen in the railways with the aforesaid structural and processes reforms which were unfortunately neglected in the past.
A proposal to extend this facility to Rajdhani Express passengers was mooted by former Air India chief Ashwani Lohani last year, but failed to materialise.
Railway Board chairman Ashwani Lohani's letter dated August 28 -- before the fourth derailment in 10 days today morning -- also indicated at reforms in the country's largest passenger carrier.
The Railway Ministry had yesterday appointed Ashwani Lohani as the Chairman of Railway Board after A K Mital had tendered his resignation following two derailments within a span of five days.
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