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Serious Air CECA asked SIA to hand in $billions!

Pinkieslut

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Samsters feeling shiok shiok?


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Sg garment never learn after being exploited many times by CECA. Perhaps, they thought the money belong to sinkies, not the Leegime family, and thus no pain throwing them away to please Moldi.
 
Indian authorities have levied substantial fines on leading companies, including Xiaomi and Samsung, for breaches of foreign exchange regulations and customs duty laws.
 
Instead of giving cash to Air India….can gahmen give them in CDC vouchers instead?
 
airline business is one of the worst one can ever invest his money in.... literally the worst.....
 

Takeaways by Bloomberg​

  • Unprofitable Air India Ltd. is seeking at least 100 billion rupees in financial support from its owners Tata Sons Pvt. and Singapore Airlines Ltd.
  • The request includes funds for overhauling Air India’s systems and services as well as developing in-house engineering and maintenance departments.
  • The carrier is far from a goal of breaking even operationally by end of March next year after facing multiple setbacks, including a deadly plane crash and airspace curbs.
 
Indian authorities have levied substantial fines on leading companies, including Xiaomi and Samsung, for breaches of foreign exchange regulations and customs duty laws.
Many others faced same shit. From licensed revoked due to corruption allegations to tax evasion penalties. All left never to set foot in india again.
 
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