Sunil Mittal to be ICC's Honorary Chair
New Delhi, June 21: International Chamber of Commerce (ICC) on Thursday announced that Sunil Bharti Mittal would assume the Honorary Chairmanship of the business chamber from July 1, on stepping down as its Chairman.
Chairman of Bharti Airtel, Mittal has been the Chairman of ICC since June 15, 2016 and would be succeeded by Unilever CEO Paul Polman, ICC said in a statement.
Mastercard President and CEO Ajay Banga has been appointed as ICC First Vice-Chair, it said.
On his tenure as the ICC Chairman, Mittal said: "As Chair of one of the world's largest business organisations... it has been a pleasure to lead and play a constructive role in giving shape to the voice of global business to support inclusive growth."
Prior to assuming charge as the Chairman of ICC, he also served as ICC First Vice-Chair (2015-2016) and Vice-Chair (2013-2015).
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AI, AI Express look to add capacity amid IndiGo flight disruptions
New Delhi (PTI): Air India Group is looking to add capacity to help passengers impacted by the IndiGo flight disruptions.
"Since 4 December, economy class airfares on non-stop domestic flights have been proactively capped to prevent the usual demand-and-supply mechanism being applied by revenue management systems," a statement said on Saturday.
Both Air India and Air India Express have put in place caps on economy class fares.
ALSO READ: IndiGo cancels over 200 flights from Delhi, Mumbai on Saturday
The statement from Air India came hours after the government announced introduction of airfare caps amid IndiGo flight disruptions.
Air India also said it is not technically possible to cap fares for all flight permutations.
"Air India and Air India Express are seeking to add capacity to help travellers and their baggage reach their destinations as quickly as possible," the statement said.
