M.A. Yusuf Ali resigns from Air India board
Saturday July 21, 2012 03:59:22 PM, IANS
|
|
|
Thiruvananthapuram: M.A. Yusuf Ali, an industrialist from the Middle
East, has resigned from the Air India board.
Speaking to reporters Saturday, Ali said that in the past two
years since he became a member of the board of directors of Air
India, he had been unable to do anything for the Keralites working
in the Middle East when the fares were going up.
"Moreover, with the Kerala government deciding to go ahead with
the proposal to float Kerala Airways, I felt there would be a
conflict of interest if I remain on the board of Air India. Hence,
I decided to resign," he said.
Ali said the idea to start Kerala Airways was first floated at the Pravasi Bharatiya Divas in Delhi more than five years ago.
"Now this proposal is going to be showcased in 'Emerging Kerala' -
a business meeting to be held in Kochi in September," said Ali.
M.A. Yusuf Ali owns the Lulu Supermarkets chain in the Middle East
and other parts of the world.
He has also been Kerala's ambassador in the Arab world where more
than three million people from Kerala work.
Kerala Airways is a pet project of Chief Minister Oommen Chandy.
This was first talked about when he was chief minister from
2004-06. But the project had then failed to move forward.
In this project, the state government, along with private players,
plans to form a company to operate air services to the Middle
East.
Chandy, after becoming the chief minister again, has announced
that conditions are ripe to revive the project.
|
Home |
Top of the Page
|
|
|
|
|
|
|
|
|
|
|
|
|
Top Stories |
Barring Mumbai, Ahmadabad Ramadan in India to
start Saturday
The holy month of Ramadan will begin in India from Saturday, July
21, 2012. It was announced by moon sighting committees after
confirmed reports of sighting of the crescent moon were reported
from South Indian states.
»
Fasting is prescribed so that you may learn self-restraint
Ramadan to start in Saudi Arabia, UAE Friday
|
|
Most Read |

125,000 pilgrims to 'benefit' from Haj subsidy
Some
125,000 Indian Muslims going for the annual Haj pilgrimage would
be covered by the government subsidy this year, it was announced
Friday. This means Rs.4.75 billion of the travel costs will be
borne
»
|
Court stays construction of mosque near Jama
Masjid
The Delhi
High Court Friday stayed the construction of a mosque near the
proposed Jama Masjid Metro station and told the municipal
corporation to hand over the site to the Archaeological »
Traces of historical mosque found near Jama
Masjid, visitors pour in |
|
News Pick |
Praful denies resignation, NCP stays with
UPA
The NCP was unhappy with the way the
government was run but there was no question of quitting the
cabinet, Heavy Industries Minister Praful Patel »
Unhappy Pawar, Patel offer to quit |
Nizam's heirs seek Pakistani intervention to
unfreeze bank account
The
descendants of the Nizam have appealed to Pakistan to reciprocate
to India's offer of an out-of-court settlement over the wealth of
the ruler of erstwhile Hyderabad state lying locked up in » |
Halal India launches online restaurant guide
India, with a population of over 170 million
Muslims, gets its first online restaurant guide. In an event
encouraged with the presence of Chennai
» |

Russia, China veto UN draft resolution on Syria third time
Russia and China Thursday vetoed a Western-backed UN
resolution on Syria over fears that it could lead to foreign
military intervention in the violence-wracked Middle East country.
"We offered
»
|
|
Picture of the Day |
 |
Mohd. Hamid Ansari filing the nomination papers for the Vice
Presidential Election, in the presence of the Prime Minister,
Dr. Manmohan Singh, the Chairperson, National Advisory
Council, Mrs.Sonia Gandhi and other dignitaries, at
Parliament, in New Delhi on July 18, 2012. |
|
|
|
|