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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.

Do Indian CEOs get ‘obscene’ salaries? Here is what we found out

BUSINESS

Do Indian CEOs get ‘obscene’ salaries? Here is what we found out

On an average, the top executive of these companies took home salary that was 260.5 times the median salary of the employees

Festive season brings cheer to aviation sector

BUSINESS

Festive season brings cheer to aviation sector

Interestingly, fares for the festival season are lower when compared year-on-year. An travel industry executive said fares will continue to rise as the festival season progresses and as customers book closer to the travel date

As employees gather on Jet Airways' 26th anniversary, all eyes on Friday's bid deadline

BUSINESS

As employees gather on Jet Airways' 26th anniversary, all eyes on Friday's bid deadline

Employees’ hope lies on one of the bidders putting in a bid to revive the airline.

Jet Airways employees write to SBI, offer to take over airline

BUSINESS

Jet Airways employees write to SBI, offer to take over airline

In the letter, the employees promise a commitment of Rs 7,000 crore to revive the airline

Vistara to add six Boeing 737 aircraft from Jet Airways

BUSINESS

Vistara to add six Boeing 737 aircraft from Jet Airways

The Boeing aircraft will mark a change as Vistara till now had only Airbus planes

European unions meet Tata Steel chairman over concerns about JV with thyssenkrupp

BUSINESS

European unions meet Tata Steel chairman over concerns about JV with thyssenkrupp

Unions are worried that Tata Steel's units in UK may be closed down to get a EU nod for JV with thyssenkrupp

Tata Steel to expand capacity in Jamshedpur

BUSINESS

Tata Steel to expand capacity in Jamshedpur

The company also plans to rejig long products faculties under one unit.

IndiGo or SpiceJet: Who is winning the race to fill Jet Airways’ gap?

BUSINESS

IndiGo or SpiceJet: Who is winning the race to fill Jet Airways’ gap?

The two rivals from NCR have nearly matched each other's pace in adding flights. But, one has been more aggressive in adding aircraft.

Nearly half of Jet Airways fleet de-registered

BUSINESS

Nearly half of Jet Airways fleet de-registered

44 planes from Jet Airways fleet have been de-registered. Further, applications have been submitted by lessors to de-register 11 more.

British entrepreneur offers to take control of Jet Airways

BUSINESS

British entrepreneur offers to take control of Jet Airways

The founder of Atmosphere Intercontinental Airlines has written to Jet Airways CEO Vinay Dube.

Jet Airways loses valuable assets and valuation

BUSINESS

Jet Airways loses valuable assets and valuation

Its four bidders may ask Jet Airways lenders to take a significant haircut.

Jet customers' refunds may be delayed as IATA cancels clearing house membership

BUSINESS

Jet customers' refunds may be delayed as IATA cancels clearing house membership

The membership is important for the airline to sell its inventory with travel agents across the world

Reminiscing old days, crestfallen Jet Airways employees clinging on to hope

BUSINESS

Reminiscing old days, crestfallen Jet Airways employees clinging on to hope

While a growing Indian aviation market means that there are jobs on offer, the prospect is not as bright for everyone in the airline.

Jet Airways timeline: When and what happened so far

BUSINESS

Jet Airways timeline: When and what happened so far

Read on to know more about the chain of events before the airline was forced to navigate these choppy skies.

No sight of funds, uncertainty hangs heavy at Jet Airways

BUSINESS

No sight of funds, uncertainty hangs heavy at Jet Airways

Even as oil marketing companies may cut fuel supply by evening, banks want to first study the bids before committing more funds

Board meeting over, Naresh Goyal gone, but rescue package remains elusive for Jet Airways

BUSINESS

Board meeting over, Naresh Goyal gone, but rescue package remains elusive for Jet Airways

Senior airline officials are still engaging with lenders in hope of interim funding.

Pilot exodus from Jet Airways; 100 de-board in 10 days

BUSINESS

Pilot exodus from Jet Airways; 100 de-board in 10 days

A total about 350 pilots have left the distressed airline

Setback for Jet Airways, banks refuse interim funding

BUSINESS

Setback for Jet Airways, banks refuse interim funding

The Jet Airways board will meet on April 16 to consider the future course of action.

How much will Rs 1,500 crore from lenders help Jet Airways?

BUSINESS

How much will Rs 1,500 crore from lenders help Jet Airways?

The company spends Rs 7,000 a year on fuel alone

Jet Airways suspends international operations until April 15; receives some more EoIs as deadline ends

BUSINESS

Jet Airways suspends international operations until April 15; receives some more EoIs as deadline ends

There are no funds to continue the international operations, say company officials

It's not TGIF at Jet Airways given unrest among employees, skeletal services and last day to submit EoIs

BUSINESS

It's not TGIF at Jet Airways given unrest among employees, skeletal services and last day to submit EoIs

Employees, including ground staff, will gather at Jet Airways’ headquarters to get clarity on their unpaid salary dues

Jet Airways fleet down to 12, international flights curtailed

BUSINESS

Jet Airways fleet down to 12, international flights curtailed

The Civil Aviation Ministry and Directorate General of Civil Aviation (DGCA) are monitoring the operational situation of the airline to ensure compliance with overseas flying rules.

Vodafone Idea banks on synergy benefits to guard market share

BUSINESS

Vodafone Idea banks on synergy benefits to guard market share

The company is hoping its 2G customers make the transition to 3G and 4G networks, thereby improving its average revenue per user.

Jet Airways pilots union sends notice to CEO over unpaid salaries

BUSINESS

Jet Airways pilots union sends notice to CEO over unpaid salaries

The union has threatened to take action if the dues are not settled by April 14.

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