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It was renamed as Air India Limited on 26 October 2010. [7] Air India Limited was privatized through its sale to the Tata Group. On 8 October 2021 Tata Sons paid ₹ 180 billion (US$2.2 billion) to Government of India and Tata will also assume ₹ 153 billion (US$1.8 billion) of Air India Limited's debt as per the transfer deal.
The consumer protection bill 2019 primarily defines the following consumer rights. Be protected against marketing of goods and services which are hazardous to life and property. Be informed of the quality, quantity, potency, purity, standard and price of goods and services. Be assured of access to a variety of goods or services at competitive ...
In April 2003, The London office of ABN Amro was fined £900,000 for helping a US client, Oechsle International Advisers, to rig share prices. The fine was the FSA 's fifth biggest, and is the largest involving market abuse on the London Stock Exchange .
Consumer Protection Act 1986 (COPRA) was an Act by the Parliament of India elected to protect the interests of consumers in India. It was replaced by the Consumer Protection Act, 2019 . It was made for the establishment of consumer councils and other authorities for the settlement of consumer's dispute and matters connected with it.
Alliance Air (formerly Air India Regional) is a wholly-owned subsidiary of Air India Asset Holdings Limited. Which is a special purpose vehicle formed by the Government of India after the disinvestment of Air India Limited .
It can be hard to figure out what you're owed when your flight is delayed. That's about to change Sept. 2 with the DOT's new consumer dashboard.
Air India became the first Asian airline to operate freighters when Air India Cargo was set up in 1954 and started its freighter operations with a Douglas DC-3 aircraft. [16] Air India Cargo ended freighter aircraft operations in early 2012. [124] Alliance Air was a wholly owned subsidiary of Indian Airlines established on 1 April 1996.
Aviation in India can be broadly divided into military and civil aviation. India has an extensive civilian air transportation network and is amongst the fastest-growing aviation markets in the world according to the International Air Transport Association (IATA). The first commercial aviation flight in India took place on 18 February 1911.