The no-frills carrier was launched in 2009. It began India operations a year later.
But their reign has been tumultuous as the company has seen compelling battles for ownership.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
Karnik was mandated to oversee commercial and sales functions of the airline. He took over from Hameed Ali, who joined the airline's board.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
About 170 Airbus aircraft operate in India.
IndiGo's president Aditya Ghosh shares the growth plan.
Taking control of manufacturing will help boost profits for the food business, but it could leave the group saddled with huge debt.
The sight and sound of the Liril Girl set the tone for ads that work at a subliminal level, and captivates viewers even to this day.
Industry body to write to commerce ministry, seek regulation for e-tailers.
The government's new initiative appears to be timely for health and hygiene players, battling low awareness and the lack of use of branded products.
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But no general trade, because that is a completely different channel of distribution.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
Kishore Biyani met Jeff Bezos, the founder and CEO of Amazon, in Delhi last week and "discussed many things like the macro environment and the prime minister"
The group's much-touted acquisitions in recent years follow a series of disappointments in joint ventures.
Advertising taglines such as 'Bright in studies, bright in sports' attempted to drive home the message that Bournvita, a chocolate drink, could build a child's mental and physical faculties.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
Online travel portals have seen a surge in bookings aided by several rounds of discount offers and a strong demand over the festival weekend.
With inauguration of Tumkur food park, he has ambitious plans in the segment.
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