Business Standard

Top headlines: AirAsia CEO quits, companies see Budget helping CV sales

From AirAsia CEO, chairman quitting over bribery scandal to Malaysia saying that palm oil dispute with India is temporary, here are the day's top headlines

Tony Fernandes, AirAsia
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Tony Fernandes, AirAsia group CEO

BS Web Team New Delhi
AirAsia CEO Tony Fernandes, chairman quit over Airbus bribery scandal
Fernandes, one of the aviation industry's best-known faces, on Monday stepped aside as chief executive of Asia's biggest budget airline for at least two months, as authorities investigate allegations that Airbus paid a bribe of $50 million through sponsorship of the Caterham F1 team to win orders from AirAsia. Read More

Companies see Budget 2020 farm, infra push helping commercial vehicle sales
The Union Budget will perk up commercial vehicle (CV) sales held up by a slowing economy and transporters saddled with surplus capacity, said industry representatives as companies reported their latest

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