T E Narasimhan &Amp;Amp; Aneesh Phadnis

Stories by T E Narasimhan &Amp;Amp; Aneesh Phadnis

Boeing Max 737 is set to fly again; DGCA to take a call soon

Boeing Max 737 is set to fly again; DGCA to take a call soon

Rediff.com   19 Nov 2020

SpiceJet is the only Boeing 737 MAX operator in India, with 13 aircraft of the type in its fleet and a total of 205 planes on order.

How safe is Maruti's S-Presso mini SUV?

How safe is Maruti's S-Presso mini SUV?

Rediff.com   12 Nov 2020

Hyundai got two stars for Grand i10 Nios and Kia got three stars for Seltos.

Why restarting operations won't be easy for Jet Airways

Why restarting operations won't be easy for Jet Airways

Rediff.com   3 Nov 2020

According to the resolution plan, the airline is planning to start with six to seven aircraft on domestic routes and looking to restart international service within six months of resuming operations.

CV sales ride on economic revival, infra and rural demand

CV sales ride on economic revival, infra and rural demand

Rediff.com   3 Nov 2020

MHCV sales' grew by 9% to 5,033 units over September 2020 and 3% over October 2019, the first month registering growth over the previous year.

Alliance Air to focus on cost control, phasing out of expat pilots

Alliance Air to focus on cost control, phasing out of expat pilots

Rediff.com   29 Oct 2020

Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year.

SpiceJet sea plane to take off on Saturday, one-way fare at Rs 1,500

SpiceJet sea plane to take off on Saturday, one-way fare at Rs 1,500

Rediff.com   29 Oct 2020

SpiceJet will operate two daily flights using wet leased Twin Otter aircraft from Maldivian Aero. PM Modi is expected to inaugurate and travel on first flight.

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Rediff.com   28 Oct 2020

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.

Finally, some good news for tourism sector

Finally, some good news for tourism sector

Rediff.com   25 Oct 2020

Goa, Kerala, Maldives and Dubai are among the popular destinations.

Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D

Despite anti-China sentiment, OnePlus to invest Rs 1,000 cr in India R&D

Rediff.com   22 Oct 2020

OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters.

For Jet Air staff, it's 'light at the end of the tunnel'

For Jet Air staff, it's 'light at the end of the tunnel'

Rediff.com   19 Oct 2020

Jet's staff strength stands whittled down to around 4,000, with many former employees having joined airlines in India and abroad.

Meet Murari Jalan, the new 'owner' of Jet Airways

Meet Murari Jalan, the new 'owner' of Jet Airways

Rediff.com   19 Oct 2020

His vision for Jet Airways is to operate the carrier as a full-service airline, both domestic and international.

Kalrock to invest Rs 1K crore as Jet readies to take wings

Kalrock to invest Rs 1K crore as Jet readies to take wings

Rediff.com   19 Oct 2020

The winning bid attracted over 99 per cent votes, with lenders overwhelmingly voting for a revival instead of recovery through liquidation.

How airports are going all out to please passengers

How airports are going all out to please passengers

Rediff.com   15 Oct 2020

These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Rediff.com   14 Oct 2020

This rise was spurred by record kharif sowing - after a good rabi season - that ensured high disposable incomes in rural India.

Valli Arunachalam issues legal notice to Murugappa family members

Valli Arunachalam issues legal notice to Murugappa family members

Rediff.com   10 Oct 2020

The development comes after the shareholders of Ambadi Investments, the holding company of the Rs 38,100-crore Murugappa Group, voted against the induction of 59-year-old Valli Arunachalam, the eldest daughter of former executive chairman M V Murugappan, into its board.

Jet Airways revival decision after October 16

Jet Airways revival decision after October 16

Rediff.com   9 Oct 2020

Kalrock Capital-Murari Lal Jalan combine has emerged as the frontrunner. A consortium of Imperial Capital and FSTC is the other bidder.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com   8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.

PE/VC investments in pharma cos cross $1 bn mark

PE/VC investments in pharma cos cross $1 bn mark

Rediff.com   6 Oct 2020

Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.

Long weekend brings cheer to hotels, travel firms as demand picks up

Long weekend brings cheer to hotels, travel firms as demand picks up

Rediff.com   3 Oct 2020

While airlines are seeing improved demand and industry-wide seat occupancy has increased to over 60%, it is road trips which are generating higher traction. Booking trends show that customers are also choosing homestays or four- star and five-star accommodations, as hygiene and safety is a priority now.

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

After LVB, Dhanlaxmi Bank shareholders oust CEO Sunil Gurbaxani

Rediff.com   2 Oct 2020

While Dhanlaxmi Bank faces governance issues similar to those in Lakshmi Vilas Bank, the financial profile of the Kerala-based bank is better.