'The pay cuts have been very tough on those with entire families to support.'
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
Continued uncertainty or confrontation in the Asia-Pacific is clearly in no one's interest as it will affect major powers' attempts to restructure their economies and revive growth. Conflict would roll back the gains to each of our countries of 40 years of stability and peace, says Shivshankar Menon.
Kohli took short sprints on the ground. He completed one sprint, took a 30 second break and went at it again, which is a cardio activity that enhances the heart and lung capacities.
By 2023, Vistara's hangars will house a total of 70 aircraft, up from the current 42.
China will be the nuclear threat of most concern to New Delhi for at least another decade, the latest report by the Arms Control Association says.
Indians must remember that Pakistanis hate losing to India, at war or in cricket, says Sanjeev Nayyar.
The airline is trying to save on wage costs by cutting the normal notice period of six months by about half for pilots who have already resigned.
How many hundreds did Rohit Sharma miss in this World Cup? At least five if not more. But how many hearts did he win with his new found no-holds barred attacking approach? May be a billion.
India is the most polluted country in the world, with more than 480 million people or about 40 per cent of its population living in the Indo-Gangetic plains in the north where pollution levels regularly exceed those found anywhere else in the world by an order of magnitude, stated the University of Chicago's Air Quality Life Index (AQLI) report.
Life of air passengers was different in the 1970s.
'India's economy faces further downside risks from sluggish private investment and rural demand weakened by slow wage growth.'
The dreary, cold months from December to February may prove to be the undoing of many a nation as they grapple with sky-high fuel prices - a result of the Ukraine conflict and the pandemic. Many - Europe, South Korea, Japan, and China - will still pull through on the strength of their wealth or because of strong storage infrastructure. But India will have its back to the wall. Signs of liquefied natural gas (LNG) rates hitting new records this winter are already evident.
'It is a testing time for our foreign policy which may involve a certain element of taking risks, assessing costs, and expecting failures,' asserts Commodore Venugopal Menon (retd).
On Thursday, Virgin Atlantic, for instance, cancelled its morning flight between London and Delhi. And Air India rescheduled its London-Ahmedabad flight by several hours. With the Heathrow restrictions to remain in place till September 11, air traffic between India and London is likely to see slower growth over the next two months.
Like the Shourya and Prahar missiles, the Pralay is powered by conventional solid fuel, and its payload is designed to carry only a conventional warhead.
'In the struggle India is going through, the US must be seen very clearly as being in India's corner. Pakistani-based terrorism is not a problem that India faces alone. It's part of a common problem that the US faces as well,' says India expert Ashley Tellis.
To sell five Boeing 777s, replacing these with cheaper aircraft
World over, pluralism is in retreat. Luckily for us, Indian pluralism and its consequent tolerance of diversity is rooted in our basic values. As long as we remain faithful to these values and keep our institutions in good health, the Indian miracle of last 75 years is likely to last centuries, asserts Colonel Anil A Athale (retd).
The World Photography Organisation has revealed the winners for the Sony World Photography Awards 2024.
Ajai Shukla reports from Bangalore, where Asia's biggest air show opened on Wednesday
India has realised that one can only deal with China from a position of strength and that is not palatable to Beijing, observes Dr Rup Narayan Das.
Mukesh Ambani-owned RIL's JioMart is set to launch a slew of new products including financial services, electronics to airline tickets to take on the competition from upcoming rivals like the Tata Super app and other established players including PayTM, Amazon and Flipkart. This comes at a time when RIL's e-commerce revenues are set to grow by 35 per cent to $15 billion within four years and its core retail revenue is expected to grow at the same pace to $44 billion, as per a forecast by Goldman Sachs. "The Tata vs JioMart war will be the next big corporate battle to watch. "While Tata has an upper hand like in-house products and brands, RIL has the backing of global biggies like Google, Facebook and Microsoft," said head of a rating firm asking not to be quoted.
Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.
The sooner the airlines get their act together, the better.
With Onam and Raksha Bandhan just around the corner, the festival season is ready to kick off in full swing. As people embrace the celebratory spirit, companies anticipate a surge in sales this year. Consumer durables firms are expecting strong growth of 40-50 per cent in the premium segment during the upcoming season. Appliance makers also foresee increased demand for cooling appliances - refrigerators and air conditioners - which were impacted by unseasonal rainfall.
His resignation as chairman of the government's skill development agencies triggered talk that he may be headed back to the Tata Group where a search committee is looking for a full-time chairman.
Long-haul low-cost carriers like Scoot and AirAsia X offer a similar configuration.
While there has been no official statement related to the action, British government sources said they are 'closely monitoring reports of tax surveys conducted at the offices of the BBC in India'.
The passenger numbers have grown at a little over 20 per cent in the past few months.
The US actions can be seen as a riposte to India's neutral position on the Ukraine crisis, its continuing import of Russian arms and oil thus undermining Western sanctions, argues Colonel Anil A Athale (retd).
Verma, 54, who served as a former US ambassador to India from January 16, 2015, to January 20, 2017 is currently the chief legal officer and head of global public policy at Mastercard.
According to CAPA, partial abolition of the 5/20 rule was a serious compromise.
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.
Summary of sports events and persons who made news on Wednesday.
For the first time, the country's largest airline IndiGo will soon lease up to four wide-body Boeing 777 planes to cover the shortfall in its international operations, according to officials. The airline said the wet-leasing of "certain aircraft" will be done as an interim measure. IndiGo, which has so far only been operating narrow-body Airbus planes, ATRs and freighters, will now be having wide-body aircraft in its fleet.
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.
