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Jet Airways delays airport payments

Read more on:    Airport | GVK Power | Jet Airways
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Jet Airways has said there has been some delays in its payments to airports due to rising fuel costs and a depreciating rupee.

"However, large part of our outstandings are backed by bank guarantees," the airline said in a statement.

A senior government official said Jet Airways owes about Rs 22 crore to the Bangalore airport, controlled by GVK Power & Infrastructure Ltd.

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TCS chief Chandrasekaran takes over as Nasscom Chairman

TCS chief N Chandrasekaran today took over as Nasscom Chairman for 2012-2013, the software industry body.

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