Moneycontrol PRO
HomeAuthorPrince mathews thomas

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.

More than a year into the insolvency process, Jet Airways finally gets bids

BUSINESS

More than a year into the insolvency process, Jet Airways finally gets bids

Two separate consortiums submitted their bids on July 21

IndiGo layoffs: Pilots escape the axe, for now

BUSINESS

IndiGo layoffs: Pilots escape the axe, for now

"IndiGo may be the first to formally announce a layoff. Other airlines have already done so, though they package it as leave-without-pay," said a senior executive.

This former pilot now wants to make Jet Airways fly again

BUSINESS

This former pilot now wants to make Jet Airways fly again

Sanjay Mandavia is among the few pilots who later became entrepreneurs. Now he has a rarer opportunity of becoming the pilot-owner of an airline

International flights India update | United Airlines to open bookings tonight for Newark-Delhi sector

BUSINESS

International flights India update | United Airlines to open bookings tonight for Newark-Delhi sector

The bookings will be open for United Airlines flights that will operate from July 23 to July 28

Explained | What are Air Bubbles flights and how are they different from those operated under Vande Bharat?

BUSINESS

Explained | What are Air Bubbles flights and how are they different from those operated under Vande Bharat?

International airlines, including United, Air France and Emirates, have got the approval to operate flights under the air bubble agreement

Air India allows to change names on tickets of flights cancelled during lockdown

BUSINESS

Air India allows to change names on tickets of flights cancelled during lockdown

This is valid for passengers who had booked for flights cancelled due to COVID-19 related restrictions, from March 15 onwards till August 24.

Air India pilots now brace for steep pay cut, right after the leave-without-pay shocker

BUSINESS

Air India pilots now brace for steep pay cut, right after the leave-without-pay shocker

Air India is expected to soon announce more steps to cut wage bill

Allcargo Logistics reviews crane business as it looks to go asset-light

BUSINESS

Allcargo Logistics reviews crane business as it looks to go asset-light

Allcargo Logistics has already sold its warehousing vertical to Blackstone

International travel is picking up. But is it time yet to book those tickets?

BUSINESS

International travel is picking up. But is it time yet to book those tickets?

Despite the challenges, countries are opening up, and airlines are adding to their services

Flying during COVID-19 times: Of half-empty flights, social distancing and now an offer to buy adjacent seats

BUSINESS

Flying during COVID-19 times: Of half-empty flights, social distancing and now an offer to buy adjacent seats

Vistara's offer - and other airlines will soon follow - to let customers book adjacent seats too, has again set off a debate on the middle seat

Emirates resumes layoffs, fires 800 pilots in a day

BUSINESS

Emirates resumes layoffs, fires 800 pilots in a day

The airline had paused the layoff exercise in June

International flights | SpiceJet Chairman Ajay Singh and UAE Ambassador wrangle over open-sky policy

BUSINESS

International flights | SpiceJet Chairman Ajay Singh and UAE Ambassador wrangle over open-sky policy

Singh said steps should be taken to help Indian carriers get more share of the international traffic. The Ambassador had a differing view

Is Sanjeev Gupta the next LN Mittal of the global steel industry?

BUSINESS

Is Sanjeev Gupta the next LN Mittal of the global steel industry?

There are striking resemblances in the ambition that Gupta, owner of Liberty Steel Group. But there is also a significant difference

Nationalistic fervour aside, but what will it take for comments by Sajjan Jindal & Anand Mahindra to come true?

BUSINESS

Nationalistic fervour aside, but what will it take for comments by Sajjan Jindal & Anand Mahindra to come true?

The anti-China sentiment provides an opportunity for Indian business. But it will take a lot more to make the most of it, says Tarun Bhatia of Kroll, a corporate investigations and risk consulting firm.

The fare dilemma: United's flights from Delhi put spotlight on Air India's Vande Bharat ticket price

BUSINESS

The fare dilemma: United's flights from Delhi put spotlight on Air India's Vande Bharat ticket price

Fares charged for United's repatriation flights much lower than those charged by Air India.

Here's why DHL Express' India MD has a more optimistic view of Indian economy than most economists

BUSINESS

Here's why DHL Express' India MD has a more optimistic view of Indian economy than most economists

RS Subramanian, in an interview with Moneycontrol, shares what he sees from his vantage point, thanks to DHL Express India's client base of over 60,000 customers across all major sectors

Exclusive: Sanjeev Gupta repeats his offer to Tata Steel, says 'ready to look at Port Talbot'

BUSINESS

Exclusive: Sanjeev Gupta repeats his offer to Tata Steel, says 'ready to look at Port Talbot'

Tata Steel is struggling to run Port Talbot, a facility that Gupta nearly acquired more than three years ago.

Independent regulator will ensure level playing field when private companies run trains: Vinayak Chatterjee

BUSINESS

Independent regulator will ensure level playing field when private companies run trains: Vinayak Chatterjee

Regulator needed to ensure level playing field between Indian Railways and private players, said Chairman of Feedback Infra Group

The China presence in Indian aviation that few know about

BUSINESS

The China presence in Indian aviation that few know about

About 20 percent of aircraft used by Indian airlines are leased from Chinese lessors

GoAir may extend leave without pay till September, more than 90% employees impacted

BUSINESS

GoAir may extend leave without pay till September, more than 90% employees impacted

Leave without pay for many employees was to end on June 30

IndiGo starts layoffs, also extends leave without pay, and salary cuts

BUSINESS

IndiGo starts layoffs, also extends leave without pay, and salary cuts

The company may further cut salary of pilots under training to around 75 percent, while the same for all line released pilots will be revised upwards to around 45 percent.

AirAsia India sacks whistleblower pilot Gaurav Taneja

BUSINESS

AirAsia India sacks whistleblower pilot Gaurav Taneja

Taneja was earlier suspended by the airline. He had alleged that the airline had violated safety regulations

JSW Steel reports multiple COVID-19 cases at its facility, asks 11,000 workers to stay home

BUSINESS

JSW Steel reports multiple COVID-19 cases at its facility, asks 11,000 workers to stay home

JSW Steel is the biggest manufacturer after Bajaj Auto to report multiple positive cases

Gaurav Taneja controversy: DGCA sends show-cause notice to AirAsia India's senior executive

BUSINESS

Gaurav Taneja controversy: DGCA sends show-cause notice to AirAsia India's senior executive

The notice has been sent to Manish Uppal, Head, Operations, at the airline

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347