T E Narasimhan &Amp;Amp; Aneesh Phadnis

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

Airports prepare for take-off with lower capacity

Airports prepare for take-off with lower capacity

Rediff.com   30 Apr 2020

Airlines and airports are devising their own standard operating procedures, with a limited number of flights being planned to enable social distancing on ground and inside aircraft. The AAI guidelines also state that airport facilities such as smoking rooms, kids play areas, and prayer rooms shall be restricted to a limited number of people, to minimise gathering.

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Rediff.com   26 Apr 2020

The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.

Your flight check-in will never be the same again

Your flight check-in will never be the same again

Rediff.com   26 Apr 2020

Extended check-in time, frequent disinfection every hour, additional queue managers at entry, exit, boarding point, check-in halls, security check areas and boarding gates, with social distancing markers and reminders - welcome to our airports post-coronavirus.

Coronavirus spoils the show for media and entertainment business

Coronavirus spoils the show for media and entertainment business

Rediff.com   23 Apr 2020

Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces.

Airlines seek deferral of lease rent by 6 months

Airlines seek deferral of lease rent by 6 months

Rediff.com   22 Apr 2020

Aircraft lease rentals are fixed costs and account for around 15 per cent of an airline's expense and since these are paid in dollars are also subject to currency fluctuations.

Covid-19: Mumbai to ramp up testing to 4,000 a day

Covid-19: Mumbai to ramp up testing to 4,000 a day

Rediff.com   21 Apr 2020

Mumbai, with an estimated population of nearly 20 million, has been testing 1,200-1,400 people per day. Delay in the delivery of rapid antibody test kits has forced the BMC to restrict its testing net.

Hyundai plans to go ahead with new launches despite COVID-19

Hyundai plans to go ahead with new launches despite COVID-19

Rediff.com   19 Apr 2020

Company says work-from-home has been useful; doesn't foresee any delay in launches as it awaits govt clarity on resuming operations.

TVS buys UK's iconic Norton in an all-cash deal

TVS buys UK's iconic Norton in an all-cash deal

Rediff.com   18 Apr 2020

Founded by James Lansdowne Norton in Birmingham (in 1898), Norton Motorcycles is among the most popular British motorcycle brands of all time.

A year after, Jet Air's lenders, employees still await payments

A year after, Jet Air's lenders, employees still await payments

Rediff.com   17 Apr 2020

Though NCLT has extended window to find a buyer, bankers don't see much hope of a deal.

How Tamil Nadu is fighting Covid-19

How Tamil Nadu is fighting Covid-19

Rediff.com   13 Apr 2020

The state is following surveillance, containment, increasing testing facilities, and ensuring essentials at people's doorstep, among other strategies, reports T E Narasimhan.

Textile industry may lose 25% of its jobs

Textile industry may lose 25% of its jobs

Rediff.com   10 Apr 2020

While the COVID-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown. Exporters say some customers are not taking delivery of the shipments because they have shut shop. Ready-made garment players had been hoping for a revival in demand in China but with the virus spreading to Europe, the US and other major markets, there are no orders coming from the major retailers.

Airports in India staring at 40-60% fall in passenger volume

Airports in India staring at 40-60% fall in passenger volume

Rediff.com   9 Apr 2020

Such a disruption will take the clock back by many years - in terms of passengers handled - for these airports, thus raising questions among some of the airport operators over a delay in expansion plans.

Refunds to come slow as airline revenues choke

Refunds to come slow as airline revenues choke

Rediff.com   2 Apr 2020

International airlines are offering affected passengers an option of refund, vouchers, discounts on future bookings, and the opportunity to hold tickets for up to two years following travel bans.

Noida, Chennai's electronics hubs in total lockdown

Noida, Chennai's electronics hubs in total lockdown

Rediff.com   24 Mar 2020

The usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle.

Coronavirus suddenly thrusts Medimix into limelight

Coronavirus suddenly thrusts Medimix into limelight

Rediff.com   24 Mar 2020

Born and sold as a cure for skin ailments, the brand that turned 50 last year has never seen such a massive crush at its shelves.

Travel portals, airlines are grappling with cancellations

Travel portals, airlines are grappling with cancellations

Rediff.com   18 Mar 2020

The issues include not getting refunds on airline and hotel bookings, getting charged a service fee even if airlines have waived cancellation charges and so on. Complaints are piling up on Twitter, Facebook and other social media channels as more and more people cancel their travel plans due to the ongoing Covid-19 pandemic.

New Creta gets 14K bookings in 2 weeks

New Creta gets 14K bookings in 2 weeks

Rediff.com   17 Mar 2020

Offering buyers a car that meets their aspirations & lifestyle needs, the Creta became a style icon. The Creta, which was officially launched on Monday, is a global model, created with an investment of more than Rs 1,000 crore.

How companies deal with coronavirus panic

How companies deal with coronavirus panic

Rediff.com   17 Mar 2020

Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.

At Tirupati, deity's call proves stronger than covid-19 fears

At Tirupati, deity's call proves stronger than covid-19 fears

Rediff.com   15 Mar 2020

According to the Tirumala Tirupati Devasthanams (TTD), on March 12, 61,652 pilgrims had darshan, after waiting for nearly five hours, compared to 57,352 on March 11, after they waited for nearly eight hours. On February 12, about 61,860 pilgrims had darshan.

Covid-19: DGCA asks foreign airlines to waive cancellation fee

Covid-19: DGCA asks foreign airlines to waive cancellation fee

Rediff.com   14 Mar 2020

Indian airlines have also been advised separately to give relief, an official said.