Jet Airways: One man’s pain is another’s gain
The last two trading days saw Jet Airways’ stock plummet, while that of its competitors—SpiceJet and IndiGo—touched a 52-week high on Thursday.
The last two trading days saw Jet Airways’ stock plummet, while that of its competitors—SpiceJet and IndiGo—touched a 52-week high on Thursday.
The definition of startups has been widened, union minister Suresh Prabhu said on Twitter.
The troubled airline, which posted a fourth consecutive quarterly loss, will present the plan for shareholders’ approval next Thursday.
Commerce minister Suresh Prabhu says India and the U.S. can work together towards the reformation of the WTO, offers to make joint pitches for exports to Africa.
While the government wants a plan to revive the ailing airline after attempts to sell major stakes in it failed, it is still interested in its strategic divestment.
Not going global will not only halt their growth, but hamper their domestic existence amid increasing competition.
The mammoth Indian Railways has agreed to meet some ambitious emission and sustainability targets set out at the climate change conference in Paris last year. Railway minister Suresh Prabhu will have to balance these commitments with profitability.