Air India, Indian merger may be delayed

Will the proposed merger of Air India and Indian overshoot the April 1, 2007 deadline or will the time lost in administrative delays be made up?

At the time of awarding the contract to consultants Accenture, to draw out a roadmap for the merger, it was decided that pre-Cabinet work would be completed in 10 weeks while all post-Cabinet approvals would be obtained within 16 weeks.

In addition, Accenture was to handhold the new merged entity for 52 weeks to ensure that the entire process would be completed by March 2008.

Click for complete article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: