The numbers in India may not be as big but the opportunity for serious growth is all there.
Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.
In 2010, Ratan Tata had spoken of how he had to abandon plans to launch an airline because he refused to pay bribes to secure the necessary approvals.
Singapore Airlines first approached the Tatas, its old choice for a venture in India, and was aware of AirAsia negotiations.
Vistara is trying to be leaner and meaner, while staying focused on the original brand promise; it aims to be profitable by FY21. Arindam Majumder reports.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
AirAsia says deal not violative of shareholder agreement.
These Indian companies truly defined the essence of entrepreneurship.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.