Air India

What is a statutory company: Everything You Need To Know 

What is a statutory company: Everything You Need To Know 

Statutory corporations are legal entities created by a particular act of parliament or state legislature or both. Public funds entirely support it. The legislature’s act also determines the authorities, goals, restrictions, and other aspects of it. Coming to the example of statutory companies, Air India, State Bank of India, Life Insurance Corporation of India, and…

Tata, Singapore Airlines Plan To Merge Vistara, Air India

Tata, Singapore Airlines Plan To Merge Vistara, Air India

Tata group and Singapore Airlines Ltd. are planning to merge their airline companies, Air India and Vistara, to build a new joint venture. Two sources aware of this development have said on the condition of anonymity that both entities have a combined goal to optimise their resources and compete with industry leader IndiGo.  According to…

Will The New CEO, Campbell Wilson Revive The Air India?

Will The New CEO, Campbell Wilson Revive The Air India?

As Air India’s CEO and managing director Campbell Wilson has recently got clearance from the government,  he can now go tooth and nail to regain the prestige of the once reputed airline. Wilson was the former head of Scoot, the low-cost unit of Singapore Airlines.  Wilson joined Singapore Airlines in 1996 and worked for 26…

Campbell Wilson Appoints As CEO & MD Of Air India

Campbell Wilson Appoints As CEO & MD Of Air India

Tata Sons announced the appointment of Campbell Wilson as CEO and MD of Air India. The Mumbai-based conglomerate completed its acquisition of the state-owned national carrier in January. Since then, the position has been vacant, and the company has been searching for a person to lead the airlines.  The decision comes after the appointment of…

Vedanta, With Foxconn, iPhone Maker, To Produce Chips In India

Vedanta, With Foxconn, iPhone Maker, To Produce Chips In India

Foxconn, an iPhone assembler company, stated on Monday that it has partnered with Indian conglomerate Vedanta Ltd to produce chips or semiconductors in the South Asian country. With this, the electronic giant is looking to diversify its business amid the global chip shortage.   Vedanta is one of the world’s leading diversified natural resources companies, mainly…