Air Indian cancelled the acquisition of five Boeing 777 aircrafts and also put a claim of $ 710 million on the plane-maker for its failure to deliver 27 B-787 aircrafts
Sunita Parikh
Jul. 30, 2009

Air India (AI) is upset with American commericial air craft manufacturer Boeing. Boeing has failed to deliver its B-787 aircrafts ordered by the airline causing huge business losses to the company. The entire schedule of AI has gone haywire. AI has put a claim of $ 710 million for their failure to deliver the aircrafts to us in time.

Air India, however, will be going ahead with its acquisition of the remaining Airbus planes. The delivery of the remaining three Airbus would be coming.

Air Indian cancelled the acquisition of five Boeing 777 aircrafts and also put a claim of $ 710 million on the plane-maker for its failure to deliver 27 B-787 aircrafts
Sunita Parikh
Boeing has failed to deliver its B-787 aircrafts ordered by the airline causing huge business losses to the company. The entire schedule of AI has gone haywire.
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Indian food inflation at 70% per year - stagflation precedes depression just like the US economy
Babu Ghanta
Just in one week food prices are up 1.2% with skyrocketing vegetable prices, zooming fish, meet, and egg prices. On top of that transportation costs are moving up rapidly.
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Russia Loses India as Second Largest Defense Customer - India will be buying American weapons
Media Release (Pravda.Ru)
From now on India will be buying American weapons. The USA and India came to such an agreement during Hillary Clinton’s visit to Delhi on July 20. India has been using Russian and Soviet weapons for 50 years.
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How safe are you riding New Delhi Metro?
Anish Johar
It is scary. Is it really? I was riding the New Metro Delhi while reading about the 18 cracks that made big news today. According to Delhi Metro Rail Corporation (DMRC) officials, 18 cracks were found on pillars built for the Metro's phase II.
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India will not succumb to any international pressure on committing to a legally binding agreement on cutting carbon emissions
Parth Sharma
. India plans to go ahead with her own plans on the issue irrespective of what others plan to force into the neck of India.
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India starts rolling back western influence – no more privatization of nationalized banks
Babu Ghanta
George Bush and his friends led the most inefficient financial system in the world guided by greed, obstinate postures and countless lapse in regulatory policies.
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India plans to infuse RS. 2000 crores in Air India – time for India to make Air India a proud Airlines again
Sudhir Chadda
A aggered equity infusion by the government, initially to put in around Rs 1,300 crore, could go up later to Rs 2,000 crore into Air India. It will boost the morale of the Airline’s employees.
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Budget Speech: Union Budget 2009-10 : Indian Finance Minister Pranab Mukherjee
Special Correspondent
It is a mandate for continuity, stability and prosperity. It is a mandate for inclusive growth and equitable development. It is a mandate that we accept with humility and a firm resolve to do all that we can for the welfare of this nation.
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