Air India announced new year special offers 30 Dec, 2015

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Air India announced two special schemes for passengers, which could enable them to ring in 2016 year in style. The promotional offers are New Year Special & Lucky 1st.Click For Commodity tips

 
New Year Special offers, passengers all-inclusive one-way fare of 5,016 rs for travel between the metros on flights departing between 8 pm on Dec 31, and 8 am on January 1, the national carrier told in a statement.

Going through the 2nd scheme, valid for travel between January 1 & 15, passengers travelling in Business or Economy class on its Boeing 777 flights on Delhi-Mumbai-Delhi sector will stand a chance to win an upgrade to 1st Class. A lucky draw will be there at the boarding gate before take off, it contributed.

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Reliance Communications is going to talk with shareholders of Aircel to merge businesses

RCom - "Reliance Communications" is going to talk with shareholders of telecom operator Aircel for a potential merger of the wireless or mobile businesses for both of the companies.

The idea is to mutually derive estimated substantial benefits of in-country consolidation, including operating expenditure (opex) & capital expenditure synergies & revenue enhancement, RCom told in a statement. "The discussions are non-binding in nature. Any transaction will be subject to due diligence, definitive documentation & regulatory, shareholders' and other 3rd party approvals. Hence, there is no certainty that any transaction will result," the company told.

The potential combination will exclude RCom's towers & optical fibre infrastructure, for which RCom is proceeding with an asset sale, as declared on Dec 4, 2015.

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