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Prince Mathews Thomas

Chief Of Corporate Bureau

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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.

Fewer Indians traveling this New Year, but many changing minds last minute

BUSINESS

Fewer Indians traveling this New Year, but many changing minds last minute

While fares are lower overall, they has surged year-on-year on some routes because of the last-minute surge

From AirAsia India to Air Ginger? The many options and questions that face Tata Sons

BUSINESS

From AirAsia India to Air Ginger? The many options and questions that face Tata Sons

With control of AirAsia India now with Tata Sons, the company has many options on its table as it prepares for Air India acquisition but there are many questions as well.

Exclusive: Interups to withdraw from Air India sale, will support employee consortium

BUSINESS

Exclusive: Interups to withdraw from Air India sale, will support employee consortium

The last minute step taken to overcome a legal hurdle, said Interups founder Laxmi Prasad

Air India sale: US fund Interups to submit physical bid today

BUSINESS

Air India sale: US fund Interups to submit physical bid today

Interups has proposed a consortium with Air India employees, with an offer to let them have a majority 51 percent stake.

Five ways in which COVID-19 may have changed the aviation industry

BUSINESS

Five ways in which COVID-19 may have changed the aviation industry

The way we travel, or companies operate, may not be the same again.

Global aviation revenues may reach 70% of pre-COVID levels in 2021, says founder of leading SaaS provider to travel industry

BUSINESS

Global aviation revenues may reach 70% of pre-COVID levels in 2021, says founder of leading SaaS provider to travel industry

VK Mathews, Founder of IBS Software says technology and digitisation will play a crucial role in the recovery

Changing perception: Sanjeev Gupta's Liberty Steel Group to publish audited results in early 2021

BUSINESS

Changing perception: Sanjeev Gupta's Liberty Steel Group to publish audited results in early 2021

Often criticised for not being transparent enough, the $15 billion group has appointed a global auditor. It will soon publish its annual report for 2020 financial year, GFG Alliance's Chief Investment Officer Jay Hambro said. Liberty Steel is part of GFG Alliance.

Sanjay Mandavia may not have got Jet Airways, but his Flybig is set to take off this month

BUSINESS

Sanjay Mandavia may not have got Jet Airways, but his Flybig is set to take off this month

Flybig, which has got the permit from the DGCA to start services, has already operated a chartered flight between Delhi and Shillong.

Suspension of UK flights: What you need to know as a passenger

BUSINESS

Suspension of UK flights: What you need to know as a passenger

Below are answers to all the important questions on tests required, quarantine and tickets for passengers flying back to India before the December 22 midnight ban.

Suspension of flights from UK: A movie crew in London races against time to get back to India

BUSINESS

Suspension of flights from UK: A movie crew in London races against time to get back to India

The Indian government has suspended UK flights from 23.59 hours, of December 22. They were originally to fly back in batches from December 23 to 26.

New coronavirus strain in the UK: Will it wreck London plans of Air India and Vistara?

BUSINESS

New coronavirus strain in the UK: Will it wreck London plans of Air India and Vistara?

Both Air India and Vistara had plans to expand services to the UK

Her father's daughter: Avani Singh focuses on the low-cost model of Ajay Singh's SpiceJet to disrupt COVID-19 testing market

BUSINESS

Her father's daughter: Avani Singh focuses on the low-cost model of Ajay Singh's SpiceJet to disrupt COVID-19 testing market

Avani, daughter of SpiceJet Chairman & MD Ajay Singh, is the CEO of SpiceHealth

Air India sale: In their bid, the employee consortium seeks to prove dissenters, and history, wrong

BUSINESS

Air India sale: In their bid, the employee consortium seeks to prove dissenters, and history, wrong

Air India's pilots and crew members seem to have stayed away from the consortium. Also, few employee-led buyout have succeeded in aviation.

Air Taxi, India's newest airline, gets permit to start operations

BUSINESS

Air Taxi, India's newest airline, gets permit to start operations

The airline, which will use three-seater Tecnam aircraft, may start operations this month

The NRI entrepreneur with a $9 billion cheque. Some of it is for Air India

BUSINESS

The NRI entrepreneur with a $9 billion cheque. Some of it is for Air India

His US-based fund Interups Inc has submitted Expression of Interest for Air India.

Air India sale: Tata Sons, employee consortium, US fund Interups and other suitors - what we know so far

BUSINESS

Air India sale: Tata Sons, employee consortium, US fund Interups and other suitors - what we know so far

While the government has finally managed to get suitors for the national airline, very little is known of their interest. Tata Sons is yet to officially confirm its expression of interest.

Tatas need Air India. Can they revive it and their aviation fortunes?

BUSINESS

Tatas need Air India. Can they revive it and their aviation fortunes?

The Group can choose to merge Vistara with Air India, and AirAsia India with Air India Express. But, they don't have experience in turning around an aviation business.

Air India sale: Tata Sons, consortium of employees and US-based fund to submit bid

BUSINESS

Air India sale: Tata Sons, consortium of employees and US-based fund to submit bid

The last date for submission of EOI submission to buy Air India ends on December 14

COVID-19 impact | 2020 becomes breakthrough year for SIS

BUSINESS

COVID-19 impact | 2020 becomes breakthrough year for SIS

As companies across sectors continue to spend on security and hygiene in offices and factories, the demand for SIS’ services have gone up, says Group Managing Director Rituraj Sinha

SpiceJet has been on many a sprint in 2020. Can it win the race in 2021?

BUSINESS

SpiceJet has been on many a sprint in 2020. Can it win the race in 2021?

The Ajay Singh-owned airline was probably the busiest this year, flying cargo and charters, making ventilators and starting a cold storage transportation service. Has it done enough to live another year?

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.

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