Needless to say, Kingfisher is planning to deploy all foreign cabin crew on its US flights.
Jet Airways, which has acquired Air Sahara for Rs 1,450 crore (Rs 14.5 billion), needs to shell out Rs 800 crore (Rs 8 billion) immediately to rejuvenate the loss-making airline and take charge of it.
Market analysts are divided over the benefits of the revisited clauses of acquisition on Jet Airways.
While full service carriers (such as Jet Airways, Kingfisher Airlines and Air Sahara) offer food onboard and personal attention, low-cost carriers (such as Air Deccan, SpiceJet and GoAir) do not offer many of these services.
The rankings are based on the performance of ad agencies and ad men at major international creative advertising awards like Cannes, The One Show, D&AD and Clio.
Rival airlines expect Jet Airways to restore some "sanity" in the pricing of tickets after the acquisition of Air Sahara.
Acquiring Air Sahara will give Jet Airways the scale required to dominate the lucrative routes to West Asia and the United Kingdom.
Sources said the acquisition might be one of the biggest deals till date in the domestic shipbuilding industry. A comparable new shipyard would have cost Rs 200-250 crore.
The US-based private equity firm Texas Pacific group, among three others, is in talks with country's second largest airline Air Deccan for picking up a minority stake.
India may be out of the World Cup, but some cricket fans are willing to pay a whopping Rs 29,100 to buy two seats for the final match.
Move raises doubts about the viability of the business model in organised retail.
Reliance Industries, the country's largest private sector company, has decided to introduce employee stock options by the next quarter
Even as the World Cup debacle lingers on everyone's mind, advertising agencies have welcomed Zee group chief Subhash Chandra's announcement of a parallel cricket league in the country.
Indus Air, a regional airline, has suspended operations from last week, just three months after its commercial launch.
Sources said the DGCA is reviewing tests by the US-based Federal Aviation Administration (FAA) and European Air Safety Agency (EASA) on mobile phone usage on board aircraft.
Curiously, according to the Indian Readership Survey, the number of homes with access to cable and satellite television has surged 36 per cent from 38 million households in 2003 to 52 million this year.
Hindustan Lever Ltd, the consumer goods behemoth, is realigning its strategy by entering new retail hotspots such as malls and multiplexes in a big way.
Companies respond to crisis by drawing talent from all pools.
Road ministry proposes an amendment to Motor Vehicles Act.
Limited capacity addition this year despite burgeoning growth in international travel, easier visa norms for Europe and the US and huge cancellation charges have all led to an unprecedented seat shortage and an increase in ticket prices.
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