Employee interests to be safeguarded: CMD

Air India chief Ashwani Lohani on Tuesday assured employees their interests would be "safeguarded" as he sought to allay concerns over possible layoff following the government's decision to sell its stake in the national carrier. "I would like to reassure all my employees that during the process of disinvestment, the government and the airline management would like to safeguard your genuine and valid interests and ensure that suitable measures to this effect are put in place," Lohani, Air India's chairman and managing director, said in a letter to the staff.