Friday, September 28, 2012

Air India may let out office space at Mumbai HQ

New Delhi: Air India may let out office space at its Mumbai building on a nomination basis to organisations who have shown interest. The earlier plan was to award office space at the building through auctions.
State Bank of India, Service Tax Department, Hindustan Petroleum Corporation Ltd and Citibank have shown interest in shifting their offices to the Air India building in Nariman Point.
The proposal is likely to be discussed in the airline’s board meeting to be held in Delhi on Friday.
“In the last board meeting, a member suggested that companies who have shown interest can be given the space on a nomination basis at a mutually agreeable rent. But the beneficiary will have to match the rates that emerge out of the bidding we carry for the rest of the space,” said a senior civil aviation ministry official.
28/09/12 Mihir Mishra/Indian Express
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