Tommy Wilkes

Stories by Tommy Wilkes

Is SpiceJet selling stake to Qatar Airways?

Is SpiceJet selling stake to Qatar Airways?

Rediff.com   24 Jul 2015

The airline was forced to ground its fleet in December after running out of cash.

Modi takes the wheel as India's road building stimulus bogged down

Modi takes the wheel as India's road building stimulus bogged down

Rediff.com   17 Jul 2015

Modi placed a $12.6 billion bet in this year's budget on road building

India's $100 bn solar push draws foreign firms as locals take backseat

India's $100 bn solar push draws foreign firms as locals take backseat

Rediff.com   2 Jul 2015

India's $100 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers fall by the wayside, no longer protected by government restrictions on the sector.

World Bank to lend $650 million for Indian rail project

World Bank to lend $650 million for Indian rail project

Rediff.com   1 Jul 2015

India's Railways has struggled to expand to keep up with demand

AirAsia India puts growth on hold while govt dallies over reforms

AirAsia India puts growth on hold while govt dallies over reforms

Rediff.com   26 Jun 2015

The carrier planned to bring in a plane a month from March to build a fleet of at least 10 jets by the end of the year.

Faster than China? India's road, rail drive could lay doubts to rest

Faster than China? India's road, rail drive could lay doubts to rest

Rediff.com   1 Jun 2015

To cover most of the gap, the road ministry plans to raise $7 billion.

Lapsed tenders hurt Modi's 'Make in India' defence industry push

Lapsed tenders hurt Modi's 'Make in India' defence industry push

Rediff.com   8 Apr 2015

Irked by India's status as the world's biggest arms importer, Modi wants to build an advanced defence industry

Modi says India to strike own path in climate battle

Modi says India to strike own path in climate battle

Rediff.com   6 Apr 2015

Prime Minister Narendra Modi signalled on Monday he would not bow to foreign pressure to commit to cuts in carbon emissions.

Modi's IT plans suffer from power cuts, congestion and monkeys!

Modi's IT plans suffer from power cuts, congestion and monkeys!

Rediff.com   2 Apr 2015

Modi government has pledged to lay 700,000 kms of broadband cable.

Vistara keen to expand fleet, add international routes

Vistara keen to expand fleet, add international routes

Rediff.com   31 Mar 2015

India's newest airline-Vistara is bullish on growth prospects.

SpiceJet running short of planes for scheduled flights

SpiceJet running short of planes for scheduled flights

Rediff.com   27 Mar 2015

SpiceJet was forced to ground its fleet and cancel hundreds of its flights in December.

Trick or treat? India's strong GDP figures mask economic reality

Trick or treat? India's strong GDP figures mask economic reality

Rediff.com   12 Feb 2015

Search is on for reliable indicators of underlying activity.

Trick or treat? India's strong GDP figures mask economic reality

Trick or treat? India's strong GDP figures mask economic reality

Rediff.com   11 Feb 2015

India's latest GDP numbers do not signal robust economic growth in near term.

SpiceJet's new owners plan to cut fleet, shrink network

SpiceJet's new owners plan to cut fleet, shrink network

Rediff.com   16 Jan 2015

The prospective owners of Indian low-cost carrier SpiceJet Ltd plan to cut the airline's fleet, shrink its network and return to a "plain vanilla" business model to achieve profitability, two people close to the investors said.

'Surprise rate cut by RBI is just a start but we need more'

'Surprise rate cut by RBI is just a start but we need more'

Rediff.com   16 Jan 2015

Finance Minister Arun Jaitley last month pointed to the high cost of capital for India's businesses as a key factor behind a manufacturing slowdown.

India looks to sway Americans with nuclear power insurance plan

India looks to sway Americans with nuclear power insurance plan

Rediff.com   19 Dec 2014

Under a 2010 nuclear liability law, nuclear equipment suppliers are liable for damages from an accident, which companies say is a sharp deviation from international norms

Former SpiceJet owner leading rescue plan: Reports

Former SpiceJet owner leading rescue plan: Reports

Rediff.com   19 Dec 2014

Ajay Singh will team up with two blue-chip investors to bail out the airline

'No cash to bailout beleaguered SpiceJet'

'No cash to bailout beleaguered SpiceJet'

Rediff.com   17 Dec 2014

Promoters of SpiceJet do not have funds to bail out the airlines of dire consequences.

SpiceJet cuts fleet size, to stay smaller

SpiceJet cuts fleet size, to stay smaller

Rediff.com   5 Dec 2014

SpiceJet has cut the size of its fleet to 22-24 Boeing planes from 35 and will keep it this way for few months.

Jet Airways swings to quarterly profit on one-off gain

Jet Airways swings to quarterly profit on one-off gain

Rediff.com   7 Nov 2014

The company solf the frequent flyer business.