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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.

Boeing under scanner as Ethiopian Airlines crash comes 4 months after a similar Lion Air tragedy

BUSINESS

Boeing under scanner as Ethiopian Airlines crash comes 4 months after a similar Lion Air tragedy

Industry regulator DGCA may release a public notice on the aircraft later on March 11

Exclusive: It may be JSW Steel vs ArcelorMittal for Asian Colour Coated Ispat

BUSINESS

Exclusive: It may be JSW Steel vs ArcelorMittal for Asian Colour Coated Ispat

The two companies may submit the bids today

ArcelorMittal makes progress on Karnataka project, but all eyes now on Essar Steel

BUSINESS

ArcelorMittal makes progress on Karnataka project, but all eyes now on Essar Steel

The company has executed lease cum sale agreement for the Karnataka project

Why Tata Steel's 99-year-old trade union hasn't seen a strike since 1928

BUSINESS

Why Tata Steel's 99-year-old trade union hasn't seen a strike since 1928

The Tata Workers' Union has withstood violence -- two of its presidents were gunned down -- and the trimming of the company's workforce by half.

Naresh Goyal appeals for support in letter to pilots, promises 'update' on resolution plan by March 18

BUSINESS

Naresh Goyal appeals for support in letter to pilots, promises 'update' on resolution plan by March 18

Chairman says that he is willing to give any sacrifice to keep the airline flying

Jet Airways rationalises network, cancels over 300 flights in Feb-March

BUSINESS

Jet Airways rationalises network, cancels over 300 flights in Feb-March

This is part of its plan to save up to Rs 2,000 crore in costs over two years

Exclusive | Jet Airways may be forced to ground 42 aircraft in the next 2 days

BUSINESS

Exclusive | Jet Airways may be forced to ground 42 aircraft in the next 2 days

Many of the aircraft will be grounded for want of spare parts.

Tata Steel-thyssenkrupp JV may divest assets to address EU concerns

BUSINESS

Tata Steel-thyssenkrupp JV may divest assets to address EU concerns

The European Commission is probing if the JV will harm competition in some of the sub segments of the steel market

Steel prices may go up again, a rare third time in a month

BUSINESS

Steel prices may go up again, a rare third time in a month

Sources say that steel prices may be hiked by Rs 1,000 a ton from March 1

Crucial Jet Airways management, union meeting today, pilots warn of 'non-cooperation'

BUSINESS

Crucial Jet Airways management, union meeting today, pilots warn of 'non-cooperation'

The airline management had promised to clear salary dues of its pilots by March. Apart from part of the November salary, full salaries of December and January remain.

Jet Airways' pilots await EGM results, salary dues

BUSINESS

Jet Airways' pilots await EGM results, salary dues

The management has promised to clear the dues by March-end

Two years on, N Chandrasekaran has plenty of unfinished business at Tata Sons

BUSINESS

Two years on, N Chandrasekaran has plenty of unfinished business at Tata Sons

Investors will want to see more results out of his steps on the three S - simplification, synergy and scale

Life of an Indian pilot: Extra hours, high EMIs and a fat salary that's often delayed

BUSINESS

Life of an Indian pilot: Extra hours, high EMIs and a fat salary that's often delayed

Despite a huge demand for them, pilots in India are in a sorry state. And that is not good news.

Vedanta, JSW Steel in talks for possible last-minute bid for Essar Steel

BUSINESS

Vedanta, JSW Steel in talks for possible last-minute bid for Essar Steel

The latest twist comes even as the hearings get over on February 19

FIIs 'getting serious' about environmental, social and governance performance of cos: Protiviti

BUSINESS

FIIs 'getting serious' about environmental, social and governance performance of cos: Protiviti

Investors are looking beyond numbers to understand how a company functions, feel senior executives of the firm.

Banks to become largest shareholders, but not promoters, says Jet Airways

BUSINESS

Banks to become largest shareholders, but not promoters, says Jet Airways

But question marks remains on who the promoter will be, post the allotment of shares

Exclusive | There was a pilot 'mismatch,' but things under control, says IndiGo COO on flight cancellations

BUSINESS

Exclusive | There was a pilot 'mismatch,' but things under control, says IndiGo COO on flight cancellations

Wolfgang Prock-Schauer added that IndiGo will add 20 captains a month, and its pool of pilots is big enough to meet requirement despite the aggressive fleet expansion

After record fleet expansion in Q3, SpiceJet looks to maintain the pace

BUSINESS

After record fleet expansion in Q3, SpiceJet looks to maintain the pace

The airline added 12 planes in Q3, compared to one in the first two quarters

Exclusive | JSW Steel gets letter of intent for Bhushan Power & Steel

BUSINESS

Exclusive | JSW Steel gets letter of intent for Bhushan Power & Steel

Once the company accepts it, the resolution will be submitted to the National Company Law Tribunal

Exclusive: Bimlendra Jha, CEO of Tata Steel UK, resigns

BUSINESS

Exclusive: Bimlendra Jha, CEO of Tata Steel UK, resigns

Jha was also an Executive Director on the Board of Tata Steel Europe, and a member of the Executive Committee

NCLAT extends deadline for Essar Steel order to February 28

BUSINESS

NCLAT extends deadline for Essar Steel order to February 28

Asks NCLT to finish hearings by February 19. The original deadline expired on February 11

Welspun Corp to get over Saudi Arabia 'pains' by end of March 2019

BUSINESS

Welspun Corp to get over Saudi Arabia 'pains' by end of March 2019

Loss in Saudi Arabia unit is owing to an order for which the company had bid aggressively

Avendus launches India's first ESG Fund; to focus on top 100 cos by market cap

BUSINESS

Avendus launches India's first ESG Fund; to focus on top 100 cos by market cap

It will invest $1 billion in these companies

To conserve cash, IndiGo goes back to sale and leaseback model

BUSINESS

To conserve cash, IndiGo goes back to sale and leaseback model

The airline has gone back to the model when it recently added its ATR fleet

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