Prince Mathews Thomas

Chief Of Corporate Bureau

Moneycontrol

Prince Mathews Thomas heads the corporate bureau of Moneycontrol. He has been covering the business world for 16 years, having worked in The Hindu Business Line, Forbes India, Dow Jones Newswires, The Economic Times, Business Standard and The Week. A Chevening scholar, Prince has also authored The Consolidators, a book on second generation entrepreneurs.

COVID-19 impact | Air passengers are booking whole business class, even entire aircraft, to keep distancing

BUSINESS

COVID-19 impact | Air passengers are booking whole business class, even entire aircraft, to keep distancing

The trend has picked up since the Tata Sons and Singapore Airlines joint venture let customers book their adjacent seats to ensure social distancing.

Is return of Boeing 737 Max good news for SpiceJet?

BUSINESS

Is return of Boeing 737 Max good news for SpiceJet?

The airline's stock zoomed after news on the return of the Boeing aircraft. But is the airline ready to receive rest of the 737 Max order?

Will the Boeing 737 Max episode bring a change in how aviation industry treats customer safety?

BUSINESS

Will the Boeing 737 Max episode bring a change in how aviation industry treats customer safety?

Boeing and other stakeholders had compromised customer safety on the altar of profitability and higher market share

In COVID-19, Harsh Mariwala gets an unlikely enabler to scale his Ascent initiative

BUSINESS

In COVID-19, Harsh Mariwala gets an unlikely enabler to scale his Ascent initiative

After the pandemic struck, Ascent went virtual. It has never expanded in its eight years, as it did in the last six months.

Deal with Hindalco's Novelis puts focus on Sanjeev Gupta's Liberty Steel Group

BUSINESS

Deal with Hindalco's Novelis puts focus on Sanjeev Gupta's Liberty Steel Group

The deal between Novelis, the Hindalco Industries unit, and Alvance, Liberty's arm, has gone into arbitration

Diwali 2020: Festival of lights brings a surge in flight bookings

BUSINESS

Diwali 2020: Festival of lights brings a surge in flight bookings

Online travel agents see a 15 percent increase in bookings over a week, and more than half of the tickets booked are for travel within the Diwali fortnight.

This British entrepreneur of Indian origin plans to start an airline, and even got funds from UK govt. What gives?

BUSINESS

This British entrepreneur of Indian origin plans to start an airline, and even got funds from UK govt. What gives?

Navdip Singh Judge plans to start Flypop, which will fly from London to Amritsar and Ahmedabad, from late 2021

Goa tourism rocks, bookings surge: Not just Milind Soman, everyone loves India’s beach state

BUSINESS

Goa tourism rocks, bookings surge: Not just Milind Soman, everyone loves India’s beach state

Tourism in the coastal state is picking up fast as Indians look to beat the virus blues. Flight bookings have surged and high end hotels are full over weekends

SpiceJet says seaplane shuttle service will resume on November 6

BUSINESS

SpiceJet says seaplane shuttle service will resume on November 6

The service was suspended just after three days of its launch.

Air ticket refund conundrum: Why is Vistara not returning GST component of tickets?

BUSINESS

Air ticket refund conundrum: Why is Vistara not returning GST component of tickets?

This would mean customers may lose out 5 percent - equivalent to the GST rate - on an economy seat, and 12 percent on a business class ticket that got cancelled because of the pandemic.

Air India disinvestment: Has the government done enough to sweeten the deal for suitors?

BUSINESS

Air India disinvestment: Has the government done enough to sweeten the deal for suitors?

Air India Sale: The recent tweak in terms may bring some respite. But is it enough to entice suitors to the table?

Air travel during COVID-19: Are masks compulsory for children below the age of 2?

BUSINESS

Air travel during COVID-19: Are masks compulsory for children below the age of 2?

It's a question that is increasingly worrying parents, especially during this festive season that is also the peak travel time. Airlines in India have a different stance from their peers in the US

Why JSW Steel's Seshagiri Rao believes analysts are missing the woods for the trees

BUSINESS

Why JSW Steel's Seshagiri Rao believes analysts are missing the woods for the trees

Though the company stock fell, despite beating estimates in Q2, its Jt MD and CFO points out trends in demand, prices, and JSW Steel's expansion path, to explain why he is optimistic about the remaining two quarters.

Jet Airways insolvency: New deadline looms for Kalrock Capital-Murari Jalan combine

BUSINESS

Jet Airways insolvency: New deadline looms for Kalrock Capital-Murari Jalan combine

The consortium for Jet Airways will have to deposit a performance security by November 3

Air India raises its London game like never before this winter

BUSINESS

Air India raises its London game like never before this winter

The state-owned airline will fly to London from eight Indian cities from January 1, probably for the first time ever.

EXCLUSIVE: LIBERTY Steel-Thyssenkrupp combination can save jobs, says Sanjeev Gupta

BUSINESS

EXCLUSIVE: LIBERTY Steel-Thyssenkrupp combination can save jobs, says Sanjeev Gupta

One of the main tasks of the India-born British businessman will be to convince the German company’s local workers, who prefer government intervention. Gupta says his Group will never let people go as they re-skill and re-employ them. Germany’s own Salzgitter and Sweden’s SSAB are also in the race. Thyssenkrupp is expected to choose up to two bidders by the end of November.

Labour trouble at Delhi's cargo terminal resolved

BUSINESS

Labour trouble at Delhi's cargo terminal resolved

Consignments delayed by up to seven days, at a time when companies are hoping to push sales during the festive season

Festival season travel drives air passenger traffic; spot rates hit Rs 18,000 on Delhi-Mumbai route

BUSINESS

Festival season travel drives air passenger traffic; spot rates hit Rs 18,000 on Delhi-Mumbai route

Ahead of Durga Puja, and later Diwali, much of the traffic is flowing from the metros to eastern India.

This is how drones are revolutionising the way India keeps land records

BUSINESS

This is how drones are revolutionising the way India keeps land records

Drones are critical to the success of the Swamitva Yojana, which aims to map 6.6 lakh villages in India to create accurate land records

Five questions for the new owners of Jet Airways

BUSINESS

Five questions for the new owners of Jet Airways

Even as they prepare to take over the controls at the airline, the Kalrock-Jalan combine have a tough maneuvering to do. Jet Airways would want to make use of positive data trends to start off on a strong foot.

A cat has nine lives. How many does Jet Airways?

BUSINESS

A cat has nine lives. How many does Jet Airways?

Jet Airways' insolvency process had innumerable twists and delays that prompted many to write it off. However, it has finally managed to find a new owner. Will the turbulence end?

The Jet Airways story: How the airline that brought 'joy to flying' got grounded on April 17, 2019

BUSINESS

The Jet Airways story: How the airline that brought 'joy to flying' got grounded on April 17, 2019

Naresh Goyal did a lot of things right in creating a world-class airline. Alas, he also committed a few errors

Kalrock Capital-Murari Jalan consortium wins bid for Jet Airways

BUSINESS

Kalrock Capital-Murari Jalan consortium wins bid for Jet Airways

The combine has polled a majority of the votes from lenders

Air travel picks up, but so do passenger complaints. Refunds the biggest source of ire

BUSINESS

Air travel picks up, but so do passenger complaints. Refunds the biggest source of ire

Passenger complaints rose to a six-month high in September. Air India receives the most.

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