Air India is still a much-loved brand with immense value, and the Tatas have a loaded war-chest. However, for things to turnaround and look bright, the right people need to be appointed and quick decisions need to be made
Healthcare workers in his village in Karnataka are staying up to date, keeping a check on supplies, storing vaccine vials in ice boxes to ride out power cuts, and doing it all with a smile, finds Captain Gopinath.
Air Deccan founder Captain GR Gopinath is making a big-splash return to Indian aviation by launching on Saturday regional flights under the government’s Udan scheme
The pioneer of low-cost travel in India has returned to his roots after nearly a decade with Air Deccan being authorised to fly to far-flung areas as part of the government's regional connectivity scheme.
The process of selection of the routes and the operators is nearly complete and the government is likely to make an announcement on this issue in the next few days.
I was always part of the Anna movement much before AAP because everybody was part of that. In Bangalore, I took part in the Anna movement along with Santosh Hegde, the Lokayukta here for all the 15 days when Anna was fasting in Delhi, says Captain Gopinath.
The dream project of Captain Gopinath, Deccan 360, did not take off, and now, the maverick entrepreneur is looking to exit. CNBC-TV18 learns that Gopinath is talking to two potential buyers and some PE firms, but the deal is stuck on valuations.
CNBC-TV18 had first told you on July 6 that entrepreneur Captain Gopinath's logistics arm, Deccan 360, was facing cash flow problems. Now a month later, CNBC-TV18's Sunanda Jayaseelan caught up with some of the employees of the company who seem to be bearing the brunt of the franchisee-based model failing to deliver.
Operations at Deccan 360 have been on hold for almost a month now. Sunanda Jayseelan of CNBC-TV18 reports that Captain Gopinath and Reliance Industrial and Holdings have now put their stake on the block.
Maverick entrepreneur Captain Gopinath’s logistics venture has been grounded because he can’t seem to get a handle on operations
The auto industry defines India and is as simple as that. All of you sitting in this audience aren’t just making cars or bikes, trucks and ancillary parts, you are rewriting modern India’s history.