As the virus continued to spread its tentacles across India, several parts, including Kashmir valley headed towards a virtual lockdown with the administration restricting movement of people in several parts and banning all public transport in Srinagar city.
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
Karnik was mandated to oversee commercial and sales functions of the airline. He took over from Hameed Ali, who joined the airline's board.
Jet Airways (India) Ltd has defaulted on lease rentals of its Boeing 737s, highlighting the financial difficulties faced by the airline.
All the items identified for procurement from domestic defence manufacturers are used in shipbuilding. So far, the defence ministry has notified 127 items where purchase preference is given to local suppliers.
There's a need to train 40,000 pilots over the next year-and-a-half.
HR Guru Mayank Rautela offers practical advice.
The process of getting a new promoter on board is likely to take another two to three months and once that happens, the banks would offload their stakes.
Airlines such as IndiGo, Air India, Vistara and AirAsia India have decided to go with the new attire to ensure safety of cabin crew members as they are in close proximity to passengers during flights
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
Adapting to the new hybrid normal of remote and office work, cautiously optimistic corporate are looking to hire more people and provide better appraisals in the new year as they step out of the pandemic-ravaged 2020. The coronavirus pandemic emerged as the biggest inflection point for the Indian job landscape. For the corporates, work-from-home and remote workers became the new normal and for the professionals, online learning and digital skills took centrestage.
