Nigel loves luxury. A big golf enthusiast he also likes to run, play squash and drive his classic sports cars.
Despite the rupee fluctuations, the coveted brands have lined up a record number of launches.
Capt Nair's detractors will give you good reasons why his premium gamble will not work -- his lowest tariff of Rs 20,000 a night is above rivals like The Oberoi (Rs 18,500) and ITC Maurya (Rs 18,000), though it is lower than the Aman (Rs 27,000).
Bugatti, Aston Martin and Ferrari will be launched in the country by the year-end.
The IAF is down to 34 squadrons. This will dip to 30 squadrons by the end of this decade, as nine squadrons of MiG-21 and MiG-27s retire.
The Gulf region has become a leading market for luxury cars and wealthy individuals are set to buy a record number of vehicles from the likes of BMW's Rolls-Royce, Fiat's Maserati and Porsche SE this year.
While it is difficult to attribute any one single reason to this, low cost, less depreciation, easier loans, and ready availability of good models are some of the reasons behind this boom.
India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.
Layoffs are turning out to be the flavour of the week, with European auto makers Peugeot, Citroen and Rolls Royce, British pharma giant AstraZeneca and American defence equipment manufacturer Boeing all set to slash nearly 7,000 jobs.
During the two-day visit, the delegation headed by CII President Sunil Bharti Mittal is scheduled to meet key people such as UK Secretary of State for Health and Environment and interact with industry captains.
Carmakers like Porsche, Rolls Royce, Bentley, etc have a number of products to offer in this segment.
British aerospace firm Rolls-Royce has teamed up with India's prestigious Indian Institute of Science here and Britain's Imperial College in a new research project to develop alloys for use in 'greener' aircraft engines.
Airbus on Tuesday said it will deliver the first A350 aircraft to Air India by the end of this year and that the deal with the airline also marks the European aviation major's "emphatic return" to the wide-body segment in India, which is the fastest growing aviation market. As it looks to expand the fleet as well as operations, Tata Group-owned Air India on Tuesday announced that it will buy 250 planes from Airbus -- 210 from the A320 neo family and 40 A350. Remi Maillard, president and managing director of Airbus India and South Asia, said the company was very proud that the Tata Group has chosen A350 and A320 planes for Air India, adding that the magnitude of the order shows the appetite for growth in the Indian aviation industry, which is the fastest growing aviation market.
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
Shipping services firm Garware Offshore Services Ltd said on it has signed a contract with Norway's Havyard Leirvik AS for constructing a Platform Supply Vessel.
Ramesh Babu has a barber shop and a booming car rental business in Bengaluru, but still prefers to cut hair so that he never forgets his humble beginnings, writes A Ganesh Nadar.
We asked readers what they would do if they had only three years to live life to the fullest? While the contest closes on November 23, here are some more interesting responses.
The star made a splash at Grazia Young Fashion Awards 2015
The country's second-largest IT services firm Infosys on Wednesday reported a 16.6 per cent rise in consolidated net profit at Rs 5,197 crore for the December 2020 quarter. The company had posted a net profit (after minority interest) of Rs 4,457 crore in the year-ago period, Infosys said in a regulatory filing. Its revenue grew 12.3 per cent to Rs 25,927 crore in the quarter under review from Rs 23,092 crore in the corresponding period last fiscal.
No-frill carrier Kingfisher Airlines on Monday signed a contract for buying five Airbus A 340-500 long-haul aircraft and an option to acquire five more, with plans to operate direct flights to the US.
Indian CEOs just want to drive a Mercedes-Benz, despite the bevy of luxury cars that have hit the roads in the recent past.
After a decade-long wait, the IAF will transform 80 ageing Jaguar fighters into highly capable, multi-role, combat aircraft.
The public sector aerospace major bagged orders from Snecma, Rolls Royce and Irkut.
Jet Airways has announced the induction of the state-of-the-art Airbus A330-200 aircraft into its fleet. \n
The 22-year-old Asian Games gold medallist will make a much-anticipated professional debut at the Tianjin TEDA Open on Thursday.
Geometric Software Solutions, after posting a (consolidated) revenue growth of 32 per cent (2002-03) at Rs 88 crore and a 33 per cent growth in net profit at Rs 17 crore.
Air India will purchase 220 planes from Boeing for $34 billion, with an option to buy 70 more aircraft that could take the total transaction value to $45.9 billion, a deal that US President Joe Biden described as a "historic agreement". While announcing the Boeing-Air India deal on Tuesday, Biden also asserted that together with Prime Minister Narendra Modi, he was looking forward to deepen the ties between India and the US. As per an announcement from the White House, Boeing and Air India have reached an agreement under which the airline will purchase 190 B737 MAX, 20 B787, and 10 B777X for a total of 220 firm order valued at $34 billion at list price.
Modi made the comments in his address after inaugurating the 14th edition of Aero India at the Yalahanka Air Force station complex on the outskirts of Bengaluru.
The 22-year-old rookie, gold medallist in the 2002 Asian Games, finished the Tianjin TEDA Open in China on two-under-par 272.
Tata Group-owned Air India has placed an order for 840 planes with Airbus and Boeing, including the option to acquire 370 aircraft, with a senior airline official on Thursday saying the order is a "landmark moment" in the Indian aviation history. The announcement by Air India's Chief Commercial and Transformation Officer Nipun Aggarwal comes a day after the airline said it has placed a firm order for 470 aircraft -- 250 from Airbus and 220 from Boeing. In a LinkedIn post, Aggarwal said the airline is humbled by the excitement generated across the world by the airline's aircraft order.
Will the IAF pay $2.4 billion to refit 80 Jaguars with powerful Honeywell engines?
From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation.
Here's your weekly digest of bizarre moments from around the world.
While the overall passenger car industry is expected to grow at around seven per cent a year in the next five years, SUV growth is expected to be over 10 per cent.
Bidyasagar Behera used to sell newspapers for a living. But that did not stop him from pursuing his education.
Last week's surprise 2-1 win over Argentina means victory over Mexico on Wednesday would take Saudi Arabia into the next round in Qatar and the Green Falcons' improved performances have come as a result of increased professionalism domestically.
The Tata group-owned Air India will induct over 90 aircraft in two years as it looks to widen its footprint and grab a larger market share. The plan includes 56 planes from the mega aircraft order that the airline has now finalised with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes that include Airbus A320Neo, A321Neo, and Boeing 777 aircraft.
According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.
