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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.

COVID-19 impact | Senior pilots at IndiGo may face up to 40% salary cut under revised pay structure

BUSINESS

COVID-19 impact | Senior pilots at IndiGo may face up to 40% salary cut under revised pay structure

Pilots have been asked to choose between two options for a new pay structure

This is why Rahul Bhatia's InterGlobe Enterprises may be out of the race for Virgin Australia

BUSINESS

This is why Rahul Bhatia's InterGlobe Enterprises may be out of the race for Virgin Australia

IndiGo's parent was asked to give more information on its EoI, by the administrator

Lockdown 4.0 | No refunds in sight for fliers even as flight-suspension now extended to May 31

BUSINESS

Lockdown 4.0 | No refunds in sight for fliers even as flight-suspension now extended to May 31

It is estimated that tickets, for both domestic and international travel, worth nearly Rs 4,000 crore are now stuck.

Vande Bharat Mission | Up to Rs 40 lakh. That's how much Air India made from one flight. It did 64 in just the first phase

BUSINESS

Vande Bharat Mission | Up to Rs 40 lakh. That's how much Air India made from one flight. It did 64 in just the first phase

In the second phase, which starts today, Air India will fly 149 flights

InterGlobe's interest in Virgin Australia: A peek into Rahul Bhatia's global ambitions

BUSINESS

InterGlobe's interest in Virgin Australia: A peek into Rahul Bhatia's global ambitions

In Virgin Australia, Bhatia probably has the best opportunity to expand overseas. But acquisitions are a new territory for him

COVID-19 impact | Private charter companies may be forced to ground half their fleet

BUSINESS

COVID-19 impact | Private charter companies may be forced to ground half their fleet

Industry players contend they are in a better position to restart operations than their commercial peers. But is the government listening?

IndiGo revises contract of 'non-released' pilots, cuts pay by 50%

BUSINESS

IndiGo revises contract of 'non-released' pilots, cuts pay by 50%

Pilots undergoing training are called 'non-released'.

In the second leg of Vande Bharat Mission, Air India may fly to 31 countries

BUSINESS

In the second leg of Vande Bharat Mission, Air India may fly to 31 countries

In total, Air India and its unit Air India Express may operate 149 flights in the second leg - more than twice of the 64 flights that were flown in the first part of the repatriation exercise.

COVID-19 impact: This 'brick and mortar' company is changing the way it works, on and off site

BUSINESS

COVID-19 impact: This 'brick and mortar' company is changing the way it works, on and off site

KEC International, the flagship company of RPG Group, is using a mix of technology and ingenuity as it gets back to work.

Should promoters use personal wealth to pay employees?

BUSINESS

Should promoters use personal wealth to pay employees?

Many companies, including in the aviation sector, have been forced to cut salaries or send employees on leave without pay.

Joy turns to despair? NRIs, eager to fly out, look for ways to reach airports in metros

BUSINESS

Joy turns to despair? NRIs, eager to fly out, look for ways to reach airports in metros

Many are stuck in non-metros cities like Ahmedabad and Guntur, and don't have connecting flights to reach Delhi or Mumbai.

Vande Bharat Mission, the world's largest repatriation exercise, takes off today

BUSINESS

Vande Bharat Mission, the world's largest repatriation exercise, takes off today

Air India and Air India Express are operating the flights.

Profit, revenue up in Q4, SIS now hopes for a perception change

BUSINESS

Profit, revenue up in Q4, SIS now hopes for a perception change

Even as COVID-19 dented numbers of bluechip companies, SIS saw its bottomline and topline improve.

Stranded overseas? Or want to travel from India? This is what you should do

BUSINESS

Stranded overseas? Or want to travel from India? This is what you should do

The Ministry of Home Affairs has issued detailed SOPs

Coronavirus pandemic | First flight with stranded Indians may be on London-Mumbai route

BUSINESS

Coronavirus pandemic | First flight with stranded Indians may be on London-Mumbai route

It will land in Mumbai in the afternoon of May 7.

COVID-19 impact | As stranded Indians prepare to get back home, some worry about travel bill & tests

BUSINESS

COVID-19 impact | As stranded Indians prepare to get back home, some worry about travel bill & tests

An Indian crew member stuck in a cruise liner off the US coast said the travel cost could be over Rs 50,000 per person

GoAir has paid 40% employees; will pay others on a graded basis: Nusli, Jeh Wadia to staff

BUSINESS

GoAir has paid 40% employees; will pay others on a graded basis: Nusli, Jeh Wadia to staff

The Board, Chairman and MD draw no remuneration whatsoever

4 warning signals that emerge from Airbus & Boeing Q1 numbers

BUSINESS

4 warning signals that emerge from Airbus & Boeing Q1 numbers

The worst is not over is perhaps the biggest warning for the global aviation sector, including that in India.

Of lonely days, mushroom soup and search for anti-diabetes medicines: Notes from a stranded Indian in Singapore

BUSINESS

Of lonely days, mushroom soup and search for anti-diabetes medicines: Notes from a stranded Indian in Singapore

A stranded traveller narrates his tale of getting stuck without diabetes pills and rising hotel bills

No pay for April & May, SpiceJet tells pilots

BUSINESS

No pay for April & May, SpiceJet tells pilots

But the pilots will be paid for flying cargo flights

Why airlines in India are against keeping middle seats in flights vacant

BUSINESS

Why airlines in India are against keeping middle seats in flights vacant

Internationally though, the proposal has divided the industry

Coronavirus pandemic | Helpless and harried, Indians stranded across the globe call out for help

BUSINESS

Coronavirus pandemic | Helpless and harried, Indians stranded across the globe call out for help

Moneycontrol spoke to Indians stuck in different parts of the world.

No pay cut in April for employees, says IndiGo CEO Dutta

BUSINESS

No pay cut in April for employees, says IndiGo CEO Dutta

Only senior management executives, who had volunteered to take a cut, will see a trim in their salary

As scrap stock piles up at ports, importers scamper for waivers, additional storage

BUSINESS

As scrap stock piles up at ports, importers scamper for waivers, additional storage

Importers fear an eventual bill of Rs 6,000 crore, as already 1.5 lakh containers are stuck at ports across the country

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