Gurcharan Das, Renuka Ramnath appointed to AI board

Former P&G India chief Gurcharan Das and private equity fund manager Renuka Ramnath are among the new independent directors of state-run Air India, which is in the midst of a government-backed bailout and is bidding to claw back market share lost to non-state rivals, Mint reported.

The civil aviation ministry has also appointed air marshal K.K. Nohwar, former vice-chief of the Indian Air Force; Prem Vrat, founder and former director of the Indian Institute of Technology, Roorkee; and professor Ravindra H. Dholakia of the Indian Institute of Management, Ahmedabad; as independent directors.

Read the full report here