
Mumbai: Low cost carrier AirAsia on Sunday said that the AirAsia India board has approved and appointed a Chief Executive Officer for the Indian subsidiary. Earlier, an airlines spokesperson had said that the airline had not yet appointed a CEO for AirAsia India.
"The board of Airasia India has approved and appointed a Ceo for Airasia India. He will be a revelation. Thrilled to have him on board," AirAsia Group chief Tony Fernandes tweeted tonight. He, however, did not identified the person.
The comment came in response to a PTI story quoting an airline spokesperson as saying," AirAsia India has not appointed a CEO." The spokesperson said this in an e-mail statement to PTI from airline's headquarters in Sepang, Malaysia. The e-mail came after PTI sought confirmation of the name of CEO doing rounds in the industry.
Air Asia, which is the largest low-cost airline in Asia, has formed a joint venture with Tata Sons and Telestra Tradeplace of Arun Bhatia in a 49:30:21 holding to launch a low-cost carrier in the domestic market. The venture received a formal approval from the Foreign Investment Promotion Board on April 4 to set up the company in the country....
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11:35 PM, Apr 21, 2013

Cast: Adil Hussain, Amey Wagh, Bhanu Prakash, Veena Sajnani, Uttara Baokar, Roshni Achreja Director: Unni Vijayan Rating: 3 out of 5 "Never run away from things that terrify you," was a lesson that JA Krishnamurthy had instilled in his daughter Smriti when she was young, and he probably regrets doing so, for the results could be terrifying. A reality one should wake up to. Released under the PVR Director's Rare...

11:32 AM, Apr 20, 2013

Mumbai: A police officer who went missing on Saturday was found trapped in a lift, which went out of service, for over 40 hours at his office building in south Mumbai. He was rushed to a nearby hospital in a weak and delirious state. Inspector Suresh Sonawane (46), an officer with Mumbai Police's Missing Persons Bureau, was found in the lift on Monday when technicians opened it for repairs at...

05:02 PM, Apr 16, 2013

PCI Chairman Markandey Katju has trashed the "sons-of-the-soil" theory, saying people propagating such concept should be ostracised. "What is this sons-of-the-soil theory of some of the political leaders here (in Maharashtra)? Who do they think are the original inhabitants of this land? Even the Marathis are from outside. Their theory of only Marathi people being sons of (the) soil is completely anti-national and clearly violates constitutional provisions," he said. ...

01:57 PM, Apr 02, 2013

Bihar Chief Minister Nitish Kumar on Monday took exception to politicians and businessmen running sports organisations saying sports persons who should be at the helm of such affairs. Intervening during the speech of Sports and Youth Affairs Minister Sukhda Pandey in favour of the 'Bihar Sports Association Registration, Affiliation and Regulation Bill, 2013,' in the assembly, he said this system was not good for sports persons and sports. ...

01:15 AM, Apr 02, 2013

He writes on subjects as diverse as old age and the fear of death; on the joy of sex, the pleasures of poetry and the importance of laughter; on how to cope with retirement and live a long, happy and healthy life. ...

03:29 PM, Mar 29, 2013

The mysterious death of prime accused in Delhi gangrape and murder case, Ram Singh, inside his cell has once again brought into focus the rising cases of suicides and custodial deaths in Indian jails. The law of the land says that every prisoner is innocent till he or she is proven guilty and therefore his or her safety and security is the responsibility of the state. ...

11:36 PM, Mar 11, 2013

AirAsia Bhd's planned joint venture in India with Tata Sons could face some procedural problems, Aviation Minister Ajit Singh said on Wednesday, without elaborating. However, Singh said he does not see any other major hurdles for the venture in India. ...

12:30 PM, Mar 06, 2013

Malaysian budget carrier AirAsia on Wednesday sought the government's approval to launch an airline with the Tata Group. AirAsia will hold a 49 per cent stake in the joint venture with the third partner being Telestra Tradeplace. ...

04:13 PM, Feb 20, 2013

Seturaman says that TCS chose to be more transparent and keep the investor updated rather than guiding it. ...

04:54 PM, Feb 13, 2013

The Oscars of the music industry was a star-studded affair and the musical night was high on glamour and powerful performances. But more than the entertainment quotient, the 55th annual Grammy Awards celebrated the music and the musicians. And, this year was no different. With male artists taking the lead in the nominations, boy band Fun took away the two Grammys for Song of the Year and New Artist of...

11:59 AM, Feb 11, 2013

The Oscars of the music industry is round the corner and the best of 2012 will be honoured at the 55th annual Grammy Awards. From classical to rock to country music, the musicians will be felicitated at the biggest music awards. The night will see LL Cool J take over as the host of the show and musicians like Rihanna, Taylor Swift, Black Keys, Elton John and The Lumineers take...

05:31 PM, Feb 10, 2013

Elton John still fills stadiums worldwide on his own, but he'll share the spotlight with a dozen other musicians at Sunday's Grammy Awards. The 65-year-old entertainer rehearsed Saturday at Staples Center alongside young Grammy nominees Mumford & Sons, Zac Brown, Ed Sheeran and Brittany Howard of Alabama Shakes. ...

03:33 PM, Feb 10, 2013

After including persons with 75 per cent disability in the subsidised Rice for Differently Abled Persons (RDP) scheme, Odisha government has decided to provide jobs to them under MGNREGA and NRLM programmes. This has been resolved at a high level meeting chaired by Chief Secretary BK Patnaik, official sources said on February 5. ...

01:50 PM, Feb 05, 2013

Ratan Tata, who retired on December 28, 2012 speaks about the legacy of his family and the huge business empire. ...

11:45 PM, Dec 28, 2012

Twenty one years after he took over the reins of Tata Sons, Ratan Tata retired on Friday, his 75th birthday. ...

03:16 PM, Dec 28, 2012

2012 was widely considered as the year of the revival of the India Independent Film Industry. ...

01:55 PM, Dec 21, 2012

Tata Sons, the promoter of major operating companies of the salt-to-software conglomerate, on Tuesday announced appointment of Cyrus P Mistry as its Chairman with effect from December 28 following retirement of Ratan N Tata. "The Board of Directors of Tata Sons today announced the appointment of Cyrus P Mistry as the Chairman of the Board after Ratan N Tata retires on December 28, 2012," Tata Sons said in a statement....

02:15 PM, Dec 18, 2012

Be your own man, Ratan Tata has advised Cyrus Mistry, who will succeed him at the helm of the USD 100 billion Tata group two weeks from now. ...

12:48 PM, Dec 14, 2012