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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.

The A321Neo induction: IndiGo's international plans get a wing

BUSINESS

The A321Neo induction: IndiGo's international plans get a wing

The new aircraft will help the Rahul Bhatia-led airline to fly to Europe, and add destinations in Asia.

Welspun India banks on domestic market to double revenues in five years

BUSINESS

Welspun India banks on domestic market to double revenues in five years

Currently, 4-5 percent of its revenues come from the Indian market. This will increase to 20 percent in five years

Christmas-New Year season gives airlines a reason to cheer, fares rise 10%

BUSINESS

Christmas-New Year season gives airlines a reason to cheer, fares rise 10%

Helped by peak season demand, rates go up in most sectors

Insolvency Code leads to steel sector consolidation in 2018; what to expect in 2019

BUSINESS

Insolvency Code leads to steel sector consolidation in 2018; what to expect in 2019

Two of the biggest insolvency cases - Essar Steel and Bhushan Power & Steel - will be decided in 2019.

Management in place, thyssenkrupp Tata Steel BV now needs to engage with unions

BUSINESS

Management in place, thyssenkrupp Tata Steel BV now needs to engage with unions

Unions, who want to talk on wage hike and assurance against job cuts, are also way about concessions to UK units

thyssenkrupp executive Andreas Goss to head JV with Tata Steel Europe

BUSINESS

thyssenkrupp executive Andreas Goss to head JV with Tata Steel Europe

The proposed venture will be called thyssenkrupp Tata Steel BV

Green shoots? Jet Airways had the best OTP among big airlines in November, says OAG

BUSINESS

Green shoots? Jet Airways had the best OTP among big airlines in November, says OAG

While this may be too early to say if the turnaround attempts by the Jet Airways management are bearing fruit, the airline will be emboldened

Exclusive: IndiGo's Rahul Bhatia says won't take hurried decision on CEO, denies rift with co-founder

BUSINESS

Exclusive: IndiGo's Rahul Bhatia says won't take hurried decision on CEO, denies rift with co-founder

Reports had emerged that IndiGo co-founders Rahul Bhatia and Rakesh Gangwal were having differences on the choice of CEO.

Exclusive | Pilot missing: Founder vs founder headwind stalls IndiGo CEO on-boarding

BUSINESS

Exclusive | Pilot missing: Founder vs founder headwind stalls IndiGo CEO on-boarding

Greg Taylor, who was expected to be the new CEO, is said to have put in his papers. Ronojoy Dutta is now tipped to take the CEO seat as difference of opinion between IndiGo founders plays out

Vistara readies for international flights; trains pilots with Scoot for Boeing 787

BUSINESS

Vistara readies for international flights; trains pilots with Scoot for Boeing 787

The B787 are wide body aircraft capable of doing medium and long haul flights

Insolvency Code is 'ultra vires' of constitutional rights: Bhushan Power's Sanjay Singal

BUSINESS

Insolvency Code is 'ultra vires' of constitutional rights: Bhushan Power's Sanjay Singal

He has filed a writ petition in Supreme Court. This could have an impact on all insolvency proceedings

Billionaire NRI Yusuff Ali once again features in talks between Jet Airways, Etihad

BUSINESS

Billionaire NRI Yusuff Ali once again features in talks between Jet Airways, Etihad

The Chairman and MD of the Lulu Group could be Etihad's India partner, the need for which will arise if the Abu Dhabi-based airline decides to invest in Jet Airways and triggers an open offer

Liquidity improving, expect demand to pick up, says Seshagiri Rao of JSW Steel

BUSINESS

Liquidity improving, expect demand to pick up, says Seshagiri Rao of JSW Steel

Rao added that the liquidity condition in the market has improved

Restricting complimentary meals to help Jet Airways cut costs; but long term impact questionable

BUSINESS

Restricting complimentary meals to help Jet Airways cut costs; but long term impact questionable

Restricting complimentary meals could lead to confusion among passengers and brand dilution, say experts

JSW Steel's Seshagiri Rao expects steel prices to fall, bottom out in a few weeks

BUSINESS

JSW Steel's Seshagiri Rao expects steel prices to fall, bottom out in a few weeks

The prices, which have reduced by $100 in five weeks, will further go down by $15, says the joint MD of JSW Steel.

UDAN doesn't soar for regional airlines, three out of four close to shutting down

BUSINESS

UDAN doesn't soar for regional airlines, three out of four close to shutting down

Zoom Air hasn't flown a single passenger since July

Jet Airways brings Capt Hameed Ali on board to lead talks with Etihad, again

BUSINESS

Jet Airways brings Capt Hameed Ali on board to lead talks with Etihad, again

Capt Ali's rapport with Etihad's senior management will be crucial for Goyal, who needs an urgent infusion of liquidity to keep his airline flying

Essar Steel bankruptcy: Standard Chartered Bank's petition raises transparency issue, says experts

BUSINESS

Essar Steel bankruptcy: Standard Chartered Bank's petition raises transparency issue, says experts

The bank has accused the bigger financial creditors of undermining interest of their smaller peers

Tata Sons-Jet Airways talks could skid over Naresh Goyal's plans for JetLite

BUSINESS

Tata Sons-Jet Airways talks could skid over Naresh Goyal's plans for JetLite

Goyal wants to keep out the low-cost arm out of a possible deal with the Tata Group

Jet Airways pilots irked by salary delays, deferred talks with management

BUSINESS

Jet Airways pilots irked by salary delays, deferred talks with management

With salary payment pending, pilots are turning down additional duties

NMDC suspension of mining in Donimalai to hit steel companies, including JSW Steel

BUSINESS

NMDC suspension of mining in Donimalai to hit steel companies, including JSW Steel

NMDC had suspended operations after the state government imposed an 80 percent premium on sales from the iron ore mine

Jet Airways management to meet pilots on November 20 on salary payments

BUSINESS

Jet Airways management to meet pilots on November 20 on salary payments

Pilots haven't been paid 25 percent of September and full of October salaries

ArcelorMittal may have to shell out more as Essar Steel operational creditors approach NCLT

BUSINESS

ArcelorMittal may have to shell out more as Essar Steel operational creditors approach NCLT

Sources said the claims could top Rs 2,500 crore from the present Rs 1,600 crore

As Tatas talk to Jet Airways, Etihad looks to drive a hard bargain

BUSINESS

As Tatas talk to Jet Airways, Etihad looks to drive a hard bargain

Etihad owns 24 percent in Jet Airways, and wouldn't want to make a hasty and unprofitable exit

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