Mentioning about DGCA's action against two staff for lapses in the way safety audit was conducted earlier this year, Wilson said the airline acknowledges and accepts the regulator's findings.
Maintain 15 percent revenue growth guidance for FY17, says Rajeev Gupta, ED-Finance & CFO at KEI Industries
Birla Group, on the other hand has appointed reputed investment banking firm Arpwood for advise to Idea related to the merger.
KEI Industries' capacity utilisation is also going to rise to 90-92 percent in FY17 as compared to 85 percent in FY16.
2010 was one of the best years for private equity players and the good news is 2011 could well see a repeat of the records set in 2010. CNBC-TV18's Tanvi Shukla and Shruti Rajkumar report.