Sunday, 6 May 2012
Sunday, 22 April 2012
Air India on revival mode, looks to wipe off losses in 6 years
NEW DELHI: Ailing Air India, which would get equity infusion of Rs 30,000 crore till 2021 as part of its turnaround plan, expects to wipe off its losses and become cash positive in the next five-six years, official sources said today.
The airline, which would get an upfront equity infusion of Rs 6,750 crore this financial year, estimates that it would slash its current yearly operating loss of Rs 1,700 crore to just Rs 23 crore in five years and become cash positive by 2018, top Air India officials said.
The estimations are based on the assumption that the airline's turnaround plan (TAP) and the financial restructuring plan (FRP), now approved by the government, would be implemented as planned.
The airline, which would get an upfront equity infusion of Rs 6,750 crore this financial year, estimates that it would slash its current yearly operating loss of Rs 1,700 crore to just Rs 23 crore in five years and become cash positive by 2018, top Air India officials said.
The estimations are based on the assumption that the airline's turnaround plan (TAP) and the financial restructuring plan (FRP), now approved by the government, would be implemented as planned.
Thursday, 29 March 2012
dammu
Jr.NTR shake legs with 4 hotties for Dammu
Jr.NTR's much awaited movie Dammu which is taking up in the hands of Boyapati Srinu is busy in its final legs of shooting.Ntr's Dammu movie to have sizzling item song in which Jr.Ntr will shake legs with Trisha,Karthika and also Rachna Maurya andTashu Kaushik.The filmmakers planning to add more mass elements to tune Dammu as a commericial entertainer.
Dammu music is by MM.Keeravani.The audio launch of Dammu is on March 29th admist of all Ntr fans.K.S.Rama Rao is presenting the film and Alexander Vallabha is producing Dammu under Creative Commercial banner.
Wednesday, 28 March 2012
Sunday, 25 March 2012
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