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Institute Of Cost Works Accountants Of Indi

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With oil on the boil, Vistara's loss may not be IndiGo's gain

Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of pilot crisis at Vistara emerged. Photograph: Vivek Prakash/Reuters The development also saw airfares surge......

What IndiGo Learnt From The Pandemic

'Everyone says never waste a crisis.''When we went into Covid and we were in total lockdown, we were at work.''The planes were not flying and we wondered what to do.''We looked at each of our......

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Daily passenger traffic fell from the peak of around 300,000 in February to less than 40,000 towards the end of May on the back of statewide lockdowns and mandatory RT-PCR testing. Airlines are......

Airlines seek easier loan restructuring norms

For any airline to be eligible for restructuring, the current ratio has to be equal to or higher than 0.4, while ‘debt to Ebitda’ has to be equal to or less than 5.5. Indian airlines,......

Why India is running short of pilots

'People have been flying for years on the basis of a police clearance and an airport entry pass.''Then they came out with a convoluted thing -- that your police clearance must be from your place of......

Some short-pitched stuff

This February the official statistician of the Board of Control for Cricket in India, Mohandas Menon, quit. Four months later, the Board's executive secretary, Sharad Diwadkar, gave notice. On July......

Bond is NZ's player of the year

The England and Wales Cricket Board has said it would have to cut costs by four million pounds ($6.3 million).ECB chief executive Tim Lamb told the BBC Sport Website: "It is regrettable that these......

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