In this first episode of the Corporate Buzz podcast, Moneycontrol's Jerome Anthony talks to Corporate Bureau Chief Prince Thomas to find out the top developments in the corporate world.
In Patna, normal life was thrown out of gear, with several schools shut, roads inundated, and many shops, hospitals and houses submerged in knee-deep waters
The rights are being distributed temporarily and will be taken back if Jet resumes operations.
This will be the airline's second destination in Vietnam.
On Wednesday as well, operations were hit as 455 flights were delayed and around 20 were cancelled, with most of them again by Indigo due to the heavy rains that brought the city to a grinding halt.
Shraddha Sharma chats with Moneycontrol's Prince Thomas to find out the difference between the two metrics and to understand who rules the international segment.
Air India on Monday wrote an e-mail to CAPA stating that according to its "comparative scheduled capacity analysis on international routes", the national carrier has 16.7 per cent share in September when measured in terms of available seat kilometres (ASKMs).
Singh, an AAP MP, had to book a ticket in another flight for Bhopal as he could not board the 6.30 am IndiGo flight.
According to a release filed with the exchanges, the board has appointed Aditya Pande to replace Philip as the Chief Financial Officer of the Company with effect from September 16.
With regard to the letters sent by Rakesh Gangwal to SEBI and Ministry of corporate affairs on Jul 8 about his concerns about corporate governance and RPT policy, Damodaran said that the market regulator and MCA is not conducting any investigation but correspondence has taken place between the company and the two bodies.
A total of 127 P&W engine-powered A320neo planes of the two airlines -- GoAir and IndiGo -- have been facing glitches both mid-air and on-ground since their induction way back in 2016, which has also led to grounding of some planes.
While a clear answer is elusive, sources said that Rakesh Gangwal may keep away from operational role.
After landing, an inspection was carried out by IndiGo's engineering team, which found that all engine functionalities and parameters were fine. The A320neo aircraft has Pratt & Whitney engines.
Gangwal is away in the US where he is based and is not attending the AGM
IndiGo co-founder Rakesh Gangwal had earlier this month said that he won't sign on the changes unless the loophole was removed.
GoAir and Vistara managed to increase or hold on to their gains this year. But IndiGo, Spicejet and Air India have seen their market shares waver
The passenger load factor of all the major airlines -- Air India, IndiGo, SpiceJet, GoAir, AirAsia and Vistara -- declined in July as compared to June 2019, as per the DGCA data.
Has the demise of Jet Airways given new wings to Indian aviation?
The ministry, which is implementing the companies law, has sought information from InterGlobe Aviation -- the parent of IndiGo -- after Gangwal raised red flags in July.
Gangwal alleges a 'large loophole' in the proposed new structure of the board
Insight Aviation offers a comprehensive program that goes beyond aviation training to include mentoring, professional guidance and preparation for a career in the industry.
The cancelled flights include seven departures and four arrivals.
Apart from Indra Nooyi, Naina Lal Kidwai, Arundhati Bhattacharya, Vinita Bali, Isher Judge Ahluwalia and Neelam Dhawan also sounded out.
However, the main point of contention between Rakesh Gangwal and Rahul Bhatia, the shareholders' agreement, is yet to be resolved.
IndiGo’s board has reached out to former PepsiCo CEO Indra Nooyi to be an independent director