Though India's airlines are certainly bleeding, they haven't yet faced the ignominy of shutting down.
'At the end of the day, we also had to look at players who will figure in the playing XI.'
Meet the trailblazers on Forbes 2018 list.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
Delhi, Mumbai, Bengaluru, Ahmedabad, Kochi, Patna and Lucknow, among others, are the cities from where flights have been cancelled.
Budget carrier GoAir on Tuesday said it has placed orders for purchase of 20 Airbus A320 aircraft to add to its current fleet of five.
Christmas was celebrated across the country on Saturday, but the festivities were low-key for the second year in a row due to Covid, with churches and other events witnessing lower footfalls, people avoiding large get-togethers and the administration in some areas imposing certain curbs.
"Hospitals under the central government, state governments and UT administration, including private hospitals managing COVID patients, shall ensure that requirement of a positive test for COVID-19 virus is not mandatory for admission to a COVID health facility.
Kings XI Punjab traded Ravichandran Ashwin to Delhi Capitals for Rs 1.5 crore and Karnataka spinner Jagadeesha Suchith.
The Kapoors were present at Karan Kapoor's photography exhibition in Mumbai.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
According to sources, Preity Zinta and Ness Wadia, owners of KXIP, are looking at offloading their stake in the team for $200 million (Rs 920 crore) to a clutch of investors.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Gilchrist made the comments after the IPL governing council proposed to have a dedicated "no-ball" umpire to reduce the number of howlers in the lucrative league.
After fighting for over four years, Groupe Danone and the Wadias have struck a deal that will see the French food giant exit their biscuit joint venture, Britannia Industries Ltd.
The CEOs met late last month to discuss the agreement. Industry experts said one advantage would be the fact that GoAir was looking at increasing its fleet to 20 aircraft by 2011. "If SpiceJet acquires the airline, it will gain access to slots for the aircraft orders which it can sell," said an industry expert. Selling order slots has emerged as a lucrative revenue stream for several Indian airlines that are feeling the pinch of falling passenger traffic.
'Parsis are brought up with a great sense of the importance of truth and speaking your mind.'
As many as 17 Indians -- including Wadia Group chairman Jeh Wadia, SKS Microfinance CEO Vikram Akula, Bhatia Enterprises chairman Sabeer Bhatia, music composer A R Rahman, and sitar player Anoushka Shankar -- have been named the Young Global Leaders for 2008, in a list announced by the World Economic Forum on Tuesday. As many as 245 leading executives, public figures and intellectuals -- all aged 40 or younger -- were chosen from around the world by the WEF.
Edgardo Badiali has been appointed CEO of Wadia-promoted GoAir.
Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc, including Ratan Tata, Azim Premji, Gautam Adani, Ajay Piramal, Anand Mahindra and Sunil Bharti Mittal seeking their support in its campaign to boycott Chinese goods. The Confederation of All India Traders (CAIT) also urged Kumar Mangalam Birla, Vikram Kirloskar, Rahul Bajaj, Shiv Nadar, Pallonji Mistry, Uday Kotak, Nusli Wadia, Shashi Ruia, Madhukar Parekh, Harsh Mariwala, Satish Reddy and Pankaj Patel, among other prominent industrialists, to join its 'Bhartiya Samaan-Humaara Abhimaan' campaign.
Dr Mahendra N Parikh changed the field of medicine in India, opening its scope to include thousands of women by bringing their health issues at the forefront.
GoAir has launched GoFlexi fare plan, which entails lesser flight cancellation charges and no rescheduling fees.
Private equity investors are in talks with the Wadias for acquiring minority stake in GoAir.
GoAir has 19 Airbus A320 planes and operates around 140 daily flights.
Zinta has denied a story that Ness Wadia's bodyguards beat up labourers in her building.
In talks with Starwood and Peninsula Hotels.
GoAir on Monday said it plans expansion and has ordered 20 A320 aircraft .
It has a fleet of 47 planes including 17 Airbus A320Neo. The remainder include Airbus A320Ceo planes.
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
GoAir has signed an agreement with Airbus Industrie toacquire 10 A-320 aircraft with an option of purchasing 10 more, intending to expand its route network in the next few months.
The fiercest corporate battles in India probably have been fought by the Ambanis. Dhirubhai Ambani, the founder of Reliance Industries, first locked horns with Bombay Dyeing's Nusli Wadia over polyester. Then, there was a corporate battle with Larsen & Toubro.
'Above 2,000 metres the gradient of the Himalayas is very steep and if you build any infrastructure (roads, dams, hydro power projects) in these regions, it will not be able to sustain these events (the onslaught of debris that comes down with great speeds).'
The Wadia family-promoted budget carrier GoAir on Wednesday said it has placed an order worth $1.2 billion with Toulouse-based Airbus Industrie to buy 20 Airbus 320 aircraft as part of the airline's fleet expansion programme.
Do you know what's the safest and painless way to childbirth?
KPH Dream Cricket Pvt Ltd, the owners and promoter of the IPL franchise Kings XI Punjab, has filed a criminal complaint against its title sponsor, NVD Solar Ltd and its officials, for "cheating and duping" them of around Rs 14 crore which they were supposed to pay it as per the contract.
Even as the investigation in the Ness Wadia-Preity Zinta case continues, Bollywood actress Preity Zinta took to Facebook to clear the air and defend the case she filed against her former boyfriend.
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
Here's what your favourite Bollyood celebrities are tweeting.
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