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India's civil aviation ministry said Tuesday it would cooperate with a federal inquiry into alleged irregularities in the purchase of 111 planes by state-run carrier Air India and its merger with Indian Airlines.
The third case alleges that the national carrier gave up profitable routes and flight timings to private and foreign airlines, thus causing "a huge loss to the national carrier". But the government finally made a decision to buy 68 for Air India from Boeing, and another 43 for Indian Airlines from Airbus.
Sinha added that the Civil Aviation Ministry would fully cooperate with the probe agency.
A set of three FIRs has been lodged to probe alleged irregularities in the purchase of 111 aircraft, leasing of planes while acquisition process was still on, and giving up of profitable routes in favour of national and worldwide airlines by Air India, the spokesperson said.
The Minister's response came a day after the Central Bureau of Investigation (CBI) registered three cases against unnamed officials of the Ministry and Air India. CBI said that the acquisition allegedly caused a financial loss to the "already stressed" national carrier. A year later, Indian Airlines signed up for 43 planes from Airbus SE.
He observed that the strategic and operational logic that would drive a merger has been hard to achieve in the case of Air India-Indian Airlines merger - a matter which is also under the CBI scanner.
The second case involves allegations of leasing of a large number of aircraft without due consideration, the proper study of routes, and a marketing or price strategy.
Another case of criminal conspiracy has been registered for violations under the Prevention of Corruption Act against ministry officials, NACIL, Air India and private companies. While the aircraft orders were made separately, the two national carriers were later merged by 2007 into the National Aviation Co. of India Ltd., which operated under the brand Air India.
Finance Minister Arun Jaitley had on Saturday favoured disinvestment of Air India, saying the airline's market share was just around 14 per cent whereas its debt burden stood at a staggering Rs 50,000 crore.
Ten people, including a 16-year-old boy, have been arrested by Greater Manchester Police in relation to Monday's terror attack. Police also raided and searched a property elsewhere in Manchester where Abedi's brother Ismail is thought to have lived.
Heavily armed police raided an apartment building in Manchester on Wednesday afternoon and a controlled explosion was heard. "There's an extensive investigation going on, and activity taking place across Greater Manchester as we speak".
He tweeted the plan would cost the state almost $7 billion and take health coverage from more than 2.5 million New Yorkers. Further, Senate Republicans are split on whether to ax or continue the Medicaid expansion .
Second-round play at the 2017 NCAA D-I Women's Championship was delayed from the start Saturday as severe weather encroached. They were struggling after day two sitting in sixth place five shots back of getting in the top five.
But that's not all. "She seems to suggest that race and party overlap with one another in certain places like North Carolina". KAGAN: "Well the question is, is it?" It's unclear right now if the districts re-drawn in 2016 will also be invalidated.
Trump has a particularly aggressive handshake where he pulls the other person toward him in a show of power. However, Macron claimed that the lunch meeting with Trump was "a very good, frank and warm discussion".
The CBO score will also include an estimate of whether the number of Americans with health insurance would change and by how much. House GOP leaders say the amendment prevents insurers from denying coverage to people with pre-existing conditions.
Students asked ND heads a few days before graduation which exit they should take to cause the least amount of attention. The move was not totally unexpected, since the student organization WeStaNDFor had shared their plans ahead of time.
The Conservatives have consistently missed that target after making the same promise in the 2010 and 2015 elections. The government has repeatedly failed to meet a pledge to reduce the net annual level to below 100,000.
A few weeks after the announcement, a bus attack on the Kenya border with Somalia was linked to Isis . The blast occurred near a hotel often used as a meeting place for local officials, witnesses said.
Defamation trial between Hollywood movie star Rebel Wilson and the publishers of Woman's Day at the Supreme Court in Melbourne. She even smirked when the judges' associate revealed one of the jury contestants was, indeed, a magazine editor.
Gal is 'perfect' Wonder Woman
And as the Amazon superhero makes her entrance into the DC extended universe, we're wondering how she can fare against her male counterparts.
All you need to know about Judy Malware
Some are free and some offer yearly subscription rates that sometimes include protection for multiple devices. The malware used infected devices to generate fraudulent clicks on advertisements for generating revenues.
GSEB SSC result 2017 out today at 8 am on www
The GSEB board was established in the year 1979, and it is giving the priceless services to the education department of the state. In 2016, almost 7,91,672 students appeared for Gujarat SSC Exam, out of which 5,27,113 students were able to qualify the exam.
'The Bachelorette' recap: Rachel Lindsay meets her men
He showed Rachel a picture of him in third grade then flipped a few pages to reveal an eighth grade version of Rachel . Why do you have to be so nice we can't hate you , Rachel? "But its all good trouble", Bryan added after she laughed.
England's Stokes passed fit for 2nd South Africa ODI
That became 10 off 10 balls when David Miller (71 not out) struck Jake Ball for a six and a four off successive deliveries. He unfurled a range of destructive shots, sending Andile Phehlukwayo and Chris Morris for three massive sixes.
Father of suspected Manchester bomber says son is innocent
Officials believe the suicide bomber responsible for Monday's attack, 22-year-old Salman Abedi , was part of a network . Officials are particularly angry that photos detailing evidence about the bomb were published in the New York Times .
Bookmaker pays out over Terry substitution
Never before has he scored 33 goals in a season for the club, and the Argentina worldwide only started 25 league games. And at just 20, it's frightening to think of the impact Gabriel could make once the new season starts in August.
James Bond 'Moore' dies at 89
My grandad looks at it, half figures out it says " Roger Moore " - I have absolutely no idea who that is, and my hearts sinks. Sir Roger was the longest-serving actor to play the womanising MI6 agent, having portrayed 007 in seven films.
Brazil troops recalled after deployment following riots
Demonstrators torch the Ministry of Agriculture during an anti-government protest in Brasilia , Brazil , Wednesday, May 24, 2017. Pressure on Temer to leave office comes on the heels of the impeachment of leftist president Dilma Rousseff a year ago .
Jon Stewart & HBO Cancel Animated Series Plans
But the project proved to be fraught with technical issues and "too difficult" to execute, according to the premium cable network. The statement added that other projects with Stewart are in the works "which you will be hearing about in the near future".
Over 31 million people uprooted in 2016
The report said, however, more aid was spent past year on refugee resettlement than in the countries where the crises originated. These displacements are expected to increase in the future as the impact of climate change becomes more acute, said the report .