Air India chief

New Delhi, March 24: The name of the new chief of Air India is likely to be announced on Wednesday, ending weeks of speculation over the issue. The position of chairman and managing director of the National Aviation Company of India Ltd will fall vacant on March 31, the day V. Thulasidas retires.

Ford deal

London, March 24: Tata Motors is expected to take over Jaguar and Land Rover on Wednesday at an estimated cost of $2 billion. “The memorandum of understanding between Ford and Tata is likely to be signed on Wednesday,” Andrew Dodgson of the Unite, which represents the Ford workers, said.

Birla move

New Delhi, March 24: The Birlas have moved the Supreme Court challenging a Calcutta High Court judgement which quashed its single judge order appointing joint administrators for controlling block of shares held by late Priyamvada Birla in four Birla group firms.

BT takeover

New Delhi, March 24: British Telecommunications has completed the acquisition of Frontline Technologies for about $202 million.

China fta

New Delhi, March 24: The government should adopt an “extremely cautious approach” before signing a free trade agreement with China, Assocham has said.