Shine Jacob, Deepak Patel

Stories by Shine Jacob, Deepak Patel

Political Movies Surge before Lok Sabha Polls

Political Movies Surge before Lok Sabha Polls

Rediff.com   25 Apr 2024

'Elections and audience interest in specific movies are often independent factors.'

DGCA directs airlines to seat kids up to 12 years with their parents

DGCA directs airlines to seat kids up to 12 years with their parents

Rediff.com   24 Apr 2024

A child who is less than 12 years of age must be allotted a seat beside at least one parent or a guardian with whom he is travelling, the Directorate General of Civil Aviation (DGCA) told airlines on Tuesday. The DGCA has said that the air transport circular on unbundling of services and fees by scheduled airlines is being modified. It allows airlines to charge for excess baggage, preferential seats, meals, snacks, drinks, and carriage of musical instruments.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com   24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

Can 'Singham Anna' Deliver For The BJP?

Can 'Singham Anna' Deliver For The BJP?

Rediff.com   17 Apr 2024

Annamalai has faced criticism for the breakup between the AIADMK and the BJP, but BJP leaders say 'he attracts youth, who needs change'.

Wooing Tesla: 4 States Pull Out All Stops

Wooing Tesla: 4 States Pull Out All Stops

Rediff.com   15 Apr 2024

'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'

'Will end year with a growth rate of over 30 per cent'

'Will end year with a growth rate of over 30 per cent'

Rediff.com   13 Apr 2024

'In life insurance, it is about creating distribution capacity and solutions for customers. We are constantly working on that.'

Summer pinch: Airfares on key routes rise up to 13%

Summer pinch: Airfares on key routes rise up to 13%

Rediff.com   11 Apr 2024

Airfares on major domestic routes such as Kolkata-Bagdogra, Delhi-Bengaluru, and Delhi-Mumbai have witnessed an increase of up to 12.7 per cent year-on-year (Y-o-Y) in May this year, according to data by Thomas Cook (India) and SOTC Travel. The recent increase in aviation turbine fuel prices, rupee depreciation, reduction of flights by key players, and grounding of planes due to engine supply issues have contributed to the rise in airfares, said aviation industry experts. However, the data also shows that summer airfares on key routes such as Delhi-Leh and Delhi-Kolkata have significantly decreased due to the introduction of new flights.

'Bonded labour': Air India pilot unions extend support to Vistara

'Bonded labour': Air India pilot unions extend support to Vistara

Rediff.com   5 Apr 2024

Describing their situation akin to "bonded labour", two Air India pilot unions extended their support to Vistara pilots on Thursday, who have raised grievances regarding the duty roster and the revised salary structure. Amid the slew of flight cancellations and delays, Vistara chief executive officer Vinod Kannan acknowledged on Wednesday that pilot utilisation in the airline was high, and announced plans to scale back its flight schedule and overhaul the rostering system to provide pilots with more rest time.

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

Rediff.com   4 Apr 2024

High pilot utilisation, combined with a portion of pilots taking sick leave at the end of March has resulted in the cancellations during the last couple of days, chief executive officer (CEO) of Vistara, Vinod Kannan, said during a meeting with the pilots on Wednesday.

Vistara cancellations lead to surge in spot airfares by up to 38%

Vistara cancellations lead to surge in spot airfares by up to 38%

Rediff.com   4 Apr 2024

The spot airfares on major routes, where Vistara cancelled flights on Tuesday, have surged by up to 38 per cent, according to data provided by Cleartrip. The spot airfares for Tuesday were compared with March 5. Vistara has cancelled 52 flights on routes such as Delhi-Indore, Delhi-Srinagar, Mumbai-Kochi, and Bengaluru-Udaipur as a certain section of pilots went on sick leave, reportedly protesting against the new salary structure that was introduced as part of the airline's merger with Air India.

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project

Rediff.com   1 Apr 2024

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.

Election May Spike Sales Surge

Election May Spike Sales Surge

Rediff.com   30 Mar 2024

'During the scorching summer months of election season, largescale outdoor gatherings create a prime opportunity for increased consumption in the packaged drinking water category.'

Will Ombudsman Fix Air Travel Hassles?

Will Ombudsman Fix Air Travel Hassles?

Rediff.com   26 Mar 2024

'The ministry may like to consider setting up an ombudsman similar to electricity ombudsman and insurance ombudsman, to ensure a time-bound resolution of consumer issues within the airline sector.'

VW aims to drive in 15% sales growth this year

VW aims to drive in 15% sales growth this year

Rediff.com   22 Mar 2024

Volkswagen Passenger Cars is targeting a volume sales growth of about 15 per cent in the country in 2024, even as it expects the Indian passenger vehicle (PV) industry to grow by 5-7 per cent in the current year, its India brand director, Ashish Gupta, said on Thursday. This means the company is expecting to grow 2-3 times faster than the Indian PV industry in 2024. But globally, the German automaker is expecting just 3 per cent rise in sales this year, down from 12 per cent last year.

PV or CV at TN plant? TaMo to decide based on trends

PV or CV at TN plant? TaMo to decide based on trends

Rediff.com   15 Mar 2024

Tata Motors will soon submit a detailed report on the upcoming manufacturing plant in Tamil Nadu's Ranipet district and a decision, on whether the facility will churn out passenger or commercial vehicles, will be taken by the company on the basis of market trends, state's industries minister TRB Rajaa said on Thursday. "They are keeping the options open, and market trends will determine it (the type of vehicles the plant will make). "They will quickly come up with a detailed report on that," Rajaa said.

Team of 80 people harmonising ops of 4 Tata airlines: Air India CEO

Team of 80 people harmonising ops of 4 Tata airlines: Air India CEO

Rediff.com   11 Mar 2024

Over the past eight months, a team of 80 people has been diligently working to harmonise operating procedures across four airlines run by the Tata group, as part of two mergers, revealed Campbell Wilson, Air India's chief executive officer (CEO), on Friday. The Tata group is consolidating its aviation business by merging four airlines into two: Air India and Vistara are merging to form a single full-service carrier, while AIX Connect and Air India Express are combining to create a unified low-cost carrier (as a subsidiary of Air India).

Rahul may win Wayanad but Kerala is no Congress fortress this time

Rahul may win Wayanad but Kerala is no Congress fortress this time

Rediff.com   11 Mar 2024

Political pundits unanimously suggest that the state is not experiencing a discernible Gandhi wave this time around.

Vistara rejects reports its pilot woes disrupted flight operations

Vistara rejects reports its pilot woes disrupted flight operations

Rediff.com   8 Mar 2024

The flight cancellations and delays of Vistara in the last few days were due to unfavourable weather, air traffic congestion and unforeseen aircraft maintenance, and cannot be solely attributed to pilot absenteeism, the airline said on Thursday. The airline's response comes after reports stated that some pilots had gone on sick leave to protest the new salary structure offered to them as part of Vistara's merger with Air India. "We confirm that we have had a few flight cancellations and unavoidable delays in the last few days.

Banks await RBI approval for appointing second whole-time director

Banks await RBI approval for appointing second whole-time director

Rediff.com   5 Mar 2024

More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards.

Hero MotoCorp losing rural 2-wheeler market share to other companies

Hero MotoCorp losing rural 2-wheeler market share to other companies

Rediff.com   29 Feb 2024

Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.