Govt approaches Ratan Tata for heading AI

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Agencies Tags : Ratan Tata, Air India Posted: Wednesday, Jul 08, 2009 at 2000 hrs New Delhi:

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The government is understood to have approached industrialist Ratan Tata to head an advisory board of the ailing Air India.

Sources in the know said that Civil Aviation Minister Praful Patel and Tata had met recently, and the Minister is believed to have sought his help in turning around the cash- strapped national carrier.

No official confirmation could be obtained on whether Tata has agreed to the government's proposal.

Air India is working on a plan for the return of leased aircraft at the earliest, sources said. A team has been set up to work on the leased contracts aimed at redelivery of leased planes within a week.

The sources also said Air India will close down its offices at overseas locations where the carrier does not operate.

Heads of strategic units concerning cargo, MRO and other related businesses will also be preparing a cost-cutting plan. Action plans would be drawn up by these officials to determine deliverables in the next 6 months, 12 months and 18 months.

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AL VS TATA COMAPANYSBy: Gopalan | 15-Jul-2009 Reply | Forward i am really worried why Mr RATHAN TATA has been given this assignement when he is having his own misery. Some of the company is worst than AL.TATABP SOLAR INDIA LTD one of the company were in managements is asking executives to put there resignation forcefully ( THREATING TO TERMINATE IF NOT GIVEN IN STIPULATED TIME )already 24 executives have been shown the doors.Comming days more executive will tumble.Rathan tata is a great man but people under him ......??????

Thinking Outside the BoxBy: Giri Girishankar | 10-Jul-2009 Reply | Forward A few days ago, it was Mr. Nandan Nilekani. Now it is Mr. Tata. It is encouraging and heartening to see that the Indian Government is beginning to see the light of the day and become more practical. The country is fortunate in having Dr. Singh as the PM. India has demonstrated in the recent past that its entrepreneurs and managers are world-class and are capable of motivating their organizations to exceptional performance. Their skill and acumen deserve to be utilized for the best outcomes at a national level.Congratulations Mr. Patel and Dr. Singh.

AI and Ratan TataBy: gautam | 10-Jul-2009 Reply | Forward What makes Praful to rush to Ratan and straightway offer chairmamship of AI.I think Tata's hands are full and he is having problem in handling his own group of companies which are posting huge losses.Jamshed was pioneer of aviation industry in India but same cannot be said about Ratan.This is classic case of appeasement and lack of farsightedness.By pleasing an industrialist Praful wants to hide his own failures. He was aviation minister for last 5 years and he didnot know even that AI is on death bed!Praful must resign for his one more flack.

Retiree EducatorBy: Mathew George | 09-Jul-2009 Reply | Forward Air India need a helping hand.It is not the blame game that is going to serve.One can see the anxiety on the part of the Ministry concerned in doing it the right way.RJD Tata is very much known as a very successful enterpreuner and it is right on the part of Praful Patel to offer the Chairmanship of a committee to steer back the Air lines to the correct course.We have to a constructive criticism of the whole story

Unions, Staff and their work cultureBy: Prakash Krishnagiri | 09-Jul-2009 Reply | Forward Once any Indian lands up a job with any Government Institution. He/she feels that the job is secured and automatically the vigor to work diminishes. That is why there is lot of lethargy in All Government Offices and State-owned companies. All these employees are backed by Unions and the unions threaten to shut down operations or go slow..in the name of seeking justice for their members. The Unions never ever thought about the performance of their members. The unions should be the one shown the gate first. There are no unions in Middle East and things are working smoothly here. There is no answerability among the Indian Government employees. Unless these things are taken care of, nothing can be done to make any of these govt owned companies profitable. Even this current job cut will have the Unions gearing up for another round of strike and may be NO SHOW (an airline term) at work. The Govt. Staff should fear about their job, only then will they work properly.

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