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Article: Hinduja brothers try to stay in running for Indian airlines.
- Article from:
- Airline Industry Information
- Article date:
- August 9, 2001
CopyrightCOPYRIGHT 2001 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD
The Hinduja brothers, who are facing trial over charges of receiving illegal payments for government sales, have rejected the allegations and are attempting to stay in the race for a stake in Indian Airlines and Air India, two state-run carriers.
A spokesperson for the Hinduja brothers' partner in the Indian Airlines bid, Ashok Leyland, stated on 8 August, "We have sent our reply to the government. We have rebutted all the allegations focused on the Hindujas' involvement in the Bofors case," and also ...