In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
'This way, you'll maintain our glorious traditional values and get more efficient governance as well.'
A 'we' leader recognises the efforts of their team members and does not back out from giving due credit, whether in the form of compliments or rewards, for good initiatives and ideas.
The feeling to always be in control can hinder progress and cause serious trust issues among other stakeholders, say Nitesh Jain, CEO, co-founder, BeSingular.
The norms, say industry experts, are not sufficient to weed out fly-by-night contractors.
'There were areas where the JD-S put up weak candidates against the Congress to benefit the BJP.'
Retail investors will soon have to obtain a net worth certificate from a chartered accountant and submit it to their broker, and their trading limits will be decided accordingly.
USISPF slammed government's move and alleged that the amendments announced were without any consultation and are akin to changing rules in the middle of the game.
The central bank filed an affidavit in response to a petition filed by Kochhar last month, challenging her ouster as the chief executive and managing director of ICICI Bank months after she voluntarily left the private sector lender. The bank, while terminating her employment, also denied her remuneration and rescinded the bonuses and stock options given to her from April 2009 to March 2018. She was accused of playing a role in grant of out-of-turn loans of Rs 3,250 crore to Videocon Group, which allegedly benefited her husband, Deepak Kochhar.
Private firms will have to maintain a minimum net addition to their workforce each month from October this year to June 2021 to get the Employees' Provident Fund subsidy for the new recruits.
If the DMK under Stalin is unable to do well in the Lok Sabha elections, his personal and political standing in the party will be threatened. But if the party does well, Stalin is the next kingmaker to watch out for. T E Narasimhan and Aditi Phadnis report.
Some executives find an aggressive style helps them claw to the top, but they often can't sustain their reign.
The Cellular Operators Association of India on Wednesday telecom regulator TRAI's order for slashing roaming charges by up to 56 per cent and said the move could lead to increase in basic tariffs.
This is a national leadership gone so wrong that India's most powerful prime minister in four decades has personally taken charge of medical oxygen shortages, observes Shekhar Gupta.
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
The one-size-fits-all approach adopted by the AICTE is not suitable for regulating business schools in India, argues Asish K Bhattacharyya.
The Supreme Court is currently not in session, but can take emergency cases.
Virender Kapoor, author of A Wonderful Boss: Great People to Work With, lists out 11 things that bad bosses do wrong.
'By not even acknowledging China's occupation of Indian territory Modi signalled to Beijing that he was not prepared to used forceful means to vacate the Chinese occupation, and that his government was reconciled to this loss of territory and accepted the fait accompli engineered by the PLA.'
The RBI is exploring ways to allow banks more flexibility in loan restructuring.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
'Flypasts, bands, helicopters dropping flowers over hospitals treating coronavirus patients are cute ideas for an Akshay Kumar film.' 'But when lakhs of workers at the lowest rung of the employment ladder would still be walking back home, this is the true 2020 equivalent of 'let them eat cake,' notes Shekhar Gupta.
Months before his killing in May 2011, Al Qaeda chief Osama bin Laden was "utterly" focused on striking the United States in its "heartland".
'The impact of merely innocent clouding on radar waves is not expected to be significant on air defence radars of either country to affect operational profiles in modern day context. '
The ideal employee will be the one who can learn to adapt to the changes in a short span of time and apply their technical skills and problem-solving ability to come up with creative solutions, says Anoop P Kudva.
Kejriwal, the AAP national convenor, indicated that the party may contest the next assembly polls in Gujarat, alleging that an "atmosphere of suppression" was prevailing there and people wanted to overthrow the BJP regime.
The new PM would be more than unwise to attempt steering away from India into an all-encompassing Chinese embrace that would ultimately swamp Bhutanese identity, says Brigadier S K Chatterji (retd).
The age of buying into ideologies just because they sound nice is long gone says Piyush Kedia.
Facing an AAP whitewash, all three leaders need to re-examine their approaches to politics and elections
'The bottom line is that disproportionate losses should be avoided at all cost and terrorists should be denied tactical successes that act as opium for them to become bold to achieve perceived victory.' 'This is a long war and instead of rushing to achieve quick success, the objective should be not to give any success to the terrorists in terms of casualties and freedom of movement.' 'Every soldier martyred by terrorists in combat is a moral victory for them,' says Brigadier Narender Kumar (retd).
Editor-in-Chief of daily 'Dagens Nyhetter' Peter Wolodarski also claimed that Indian envoy to Sweden Banashri Bose Harrison warned that the planned state visit by the President was at risk of being cancelled.
Harvard scientists, including one of Indian-origin, have created the world's largest robotic swarm -- 1,024 little bots standing on pin-like legs -- that can assemble into predetermined shapes.
'The Opposition parties should seriously give thought to endorsing Kovind's candidacy and close this chapter of divisive politics,' advises M K Bhadrakumar.
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
An actress-on-sabbatical and new mom, Genelia D'Souza talks about life as a mother!
Focus on the best you can do with what you've been given.
To the question on what comes first, clean up or growth, Rajan said the answer is unambiguously 'Clean up!'
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