'By August 2018, it was evident that Jet was heading into serious financial trouble.' 'Why didn't the DGCA stop all advance bookings right there and then?' asks Anjuli Bhargava.
Despite adding no new aircraft, Jet Airways saw more departures during the year, it flew more people, and achieved a higher load
Remembering the Eternal Charmer. Remembering an Awesome Human Being. Remembering an actor and film-maker, the likes of whom we will not see again.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.
The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.
Infrastructure, stricter implementation boost commercial vehicle sales
Pant has broken into the Test mainly on the basis of his batting and not his glove work.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
The output was behind target in 2015-16 as well and the government is yet to issue a cost disallowance notice for that
The agency's latest action, under Prevention of Money Laundering laws, had been taken against the borrower company and its two group companies, which owe the investors Rs 922 crore (Rs 9.22 billion), sources said.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Vienna tops the charts among cities across the world.
'The same instinct that thinks that women should remain at home and not be at the workplace, objects to the dance bar.'
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
Tata Consultancy Services (TCS) on Thursday reported an 8.4 per cent rise in consolidated net profit to Rs 6,586 crore for the second quarter ended September 30 and said uncertainties in environment had resulted in holdbacks in discretionary spend by customers.
Deutsche Bank expects the Sensex to climb only 8% in 2017 to 29,000, and expects high volatility.
The airline has failed to address fliers' fears and has been opaque about the allegations of tax and financial fraud, giving rise to apprehension that Jet Airways may be headed the Kingfisher way.
Bhanumurthy B M, president and chief operating officer, Wipro, tells Ayan Pramanik and Raghu Krishnan that service delivery through digital technology-enabled platforms will change the business dynamics for the company.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
'Let the bankers take all steps to recover their money.'
'We need good teachers at the primary, secondary and higher education levels.'
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According to property consultant JLL, the vacancy in office spaces is expected to be around 13%.
However, the IT firms will get some benefits, as software exports from their Chinese campuses will yield more in local currency
The 21-year-old woman, who has been doing her chartered accountancy articleship at Manoj Daga & Company in Hyderabad, was booked under relevant sections of Information Technology Act on September 7, after a preliminary investigation and faces arrest in the case.
Young left-arm spinner Harmeet Singh has told the Board of Control for Cricket in India that he personally had no knowledge whether his three Rajasthan Royals' teammates who are implicated in the IPL spot-fixing scandal had any intention of wrongdoing.
About 9 million people in Mumbai live in areas where homes are hardly two metres apart. Vaihayasi Pande Daniel/Rediff.com reports on the lurking dangers in the city's slums in the times of the coronavirus.
'Dr Singh, visibly relieved, said, 'Yesterday night I couldn't sleep. I stayed awake, praying throughout. You have saved the country'.' A fascinating excerpt from former atomic energy chief Dr Anil Kakodkar's memoir Fire And Fury: Transforming India's Strategic Identity.
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India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
From teaching to YouTube, these ideas will help students chase their dreams early on.
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
All India needs to do is focus on making its business environment more friendly.
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'How long can you lead a life like this?'
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
The company said its net sales during the quarter under review stood at Rs 5,061.49 crore (Rs 50.61 billion) as against Rs 4,817.07 crore (Rs 48.17 billion) in the same quarter last fiscal, up 5.07 per cent.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
India's new selection committee has raised quite a few eyebrows with none of the five members having had a long career in international cricket. But to its credit BCCI followed a transparent process wherein it invited applications for the selection job for the first time and selected the best possible candidates who fitted all the criteria after a round of interview.
