In its investor presentation, IHH said it wanted to develop Fortis into a market leader.
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
This will be the largest claim in the aviation sector for Indian insurers in the last three years
The Maharashtra government has banned the use of single disposable items made from plastic such as spoons, forks, cups, glasses. Plastic bags and wrap used for packaging or storing products too is covered under ban.
Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
Price cuts post the November GST rate rationalisation helped improve volume growth for HUL, what pegged back sales for ITC is adverse social media rumours against Aashirvaad atta, its single-largest FMCG brand.
Kardassis, who quit the airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement
From MRF to Shree Cement: 23 companies which delivered 30% CAGR in 15 years.
IndiGo and other airlines have said they are improving their staff training, looking at better ways of communication and customer awareness on operational matters.
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
The government proposes to divest 76 per cent of Air India, along with its shareholding in Air India Express and its ground-handling subsidiary, AISATS.
Aditya Ghosh, with no prior aviation background or MBA degree, managed not only to become the CEO of an airline but even piloted it to the top with almost half of the market.
The next step is the charter, which aims to safeguard consumer rights and address criticism about the government not doing enough for passengers.
Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh
If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.
The change in labelling, which is seen as a part of government's effort to push generic drugs, will come into effect from September 13.
Airline pares capacity on routes like Mumbai-Delhi and Mumbai-Bengaluru on weekends, uses freed up slot at Mumbai to fly Amritsar, Patna, Varanasi
Charters, Udan flights choking Mumbai airport; MIAL may shift general aviation to Navi Mumbai once the airport is ready
Because of lack of pilots, airlines have been forced to cancel their flights and rework their schedules, constraining cash flows and delaying vendor payments.
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