Civil aviation ministry to monitor flash sales and discount schemes: Source
According to sources, Vistara was looking at commencing operations on Oct 15 to commemorate J R D Tata's flight from Karachi to Mumbai on the same date in 1932.
Currency depreciation also hits earnings of all domestic carriers
Karnik was mandated to oversee commercial and sales functions of the airline. He took over from Hameed Ali, who joined the airline's board.
As other global car makers struggle in India to keep sales consistent, the Korean player has made a heady combination out of design, launches and localisation.
Seattle-based Amazon had considered debuting drone delivery services in Mumbai and Bangalore by Diwali this year
Companies like Yamaha Motor India, Honda Motorcycle and Scooter India, Suzuki Motorcycle India and TVS Motors are all geared up to launch bikes to shake-up Bajaj's stronghold -- the 150-250-cc segment
Localisation for present-generation Hyundai cars will also rise from the average 85-90 per cent.
Munjal firm dismisses allegations, says it aborted deal as 'closing conditions' were not fulfilled
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
New campaigns rev up their marketing pitch, while new challengers such as Tata Motors with the Zest promise to put up a spirited fight
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
It may not have a bold design but it addresses the needs for comfortable and affordable commuting.
Tata was concerned that most innovations were happening outside India, some by Indians.
According to a report by rating and research agency CRISIL, it now takes six years to recover the premium-between Rs 100,000 on small cars and Rs 300,000 on luxury sedans-paid for diesel variants.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
To reduce those not even meeting variable costs to 19% of network by March, from 38% five months ago.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
Barra says GM is working on putting out the right products here because it will be difficult to make a mark globally without India.