Revival

Airlines in India have to deal with various costs such as high jet fuel prices, high leasing costs, (Indian airlines pay annual lease rents of about Rs 10,000 crores to lessors) and several charges to airport operators, such as separate charges for landing, route navigation, parking, terminal, fuel, and royalty.

Uncertainty around revival plans pushes Jet Airways employees to explore alternative avenues

The Jalan-Kalrock consortium, the new owner, has said that while it awaits the handover of Jet Airways under the revival process, the longer-than-expected time taken for its completion may result in some difficult decisions having to be made.

Jet Airways cuts salaries, sends several employees on leave without pay as revival plan hits hurdle

New owner the Jalan-Kalrock consortium informs NCLAT of its inability to pay additional money to clear provident fund and gratuity dues of around Rs 250 crore

How Erez Israeli revived Dr Reddy’s by focusing on costs and non-US markets

Erez Israeli who took over as chief executive officer of DRL in 2019 sharpened its focus on costs and execution. Its recovery holds a lesson or two for major drug firms

Finance Ministry remains optimistic about economic revival in third quarter

An overall increase in rabi coverage with adequately filled irrigation reservoirs bodes well for growth of agricultural output in 2020-21. The sustained demand for labour arising from increase in rabi sowing has also contributed to growth in rural wages additionally propped up by increase in wages and employment generation under MGNREGS.

Reporter's Take | Festive boost for consumer durable loans

Parnika Sokhi talks about the sales of consumer durables during the festive season.

Cabinet approves VRS package for BSNL, MTNL employees: Ravi Shankar Prasad

The Department of Telecom (DoT) had earlier said it forwarded a proposal to the Cabinet, recommending VRS for BSNL and MTNL employees above 50 years of age

Govt has framework to address bad loans of MSMEs: Minister

The Centre has created a framework for revival and rehabilitation of MSMEs, which account for nearly half of the non-performing assets (NPAs) of banks from the industry sector, Union Minister Kalraj Mishra said today.

Will Diwali bring a revival in investors' fortune?

The festive season is around the corner but some of the cheer has been dampened because of the increased volatility that we have seen in the market of late. Will 2016 fare any better, will Diwali bring a revival in investors' fortune. Sumaira Abidi of CNBC-TV18 discusses these issues with Harsha Upadhyay, CIO - Equity, at Kotak Mutual Fund.

Is Indian capex cycle finally reviving?

JPMorgan is the more optimistic brokerage while UBS believes the revival is modest at best.

Seeing revival in brokerage biz after 4yrs: Motilal Oswal

Motilal Oswal, chairman and managing director, MOFS, says the company is seeing recovery in its business for the first time after four years.

Seeing double-digit traffic growth on some routes: Sadbhav

Nitin Patel, executive director, Sadbhav Engineering says the road sector order book stands at 50 percent of the company‘s overall order book.

Mar CPI inflation at 5.6%; will meet Jan '16 trgt: Deutsche

Taimur Baig, chief economist, Deutsche Bank says there haven‘t been any major disinflationary moves in the past few months and hence, the March CPI inflation is unlikely to come down.

Will support India's growth and reform efforts: Jack Lew

US Treasury Secretary Jack Lew lauded the Modi government's efforts to revive the economy, pointing out that a recovery in American economy will be beneficial for India and vice versa.

Hope to see demand revive in mid-FY16: Britannia

Varun Berry, Managing Director, Britannia Industries says the company embarked on a strategy about eight quarters ago and that is aiding the company‘s performance.

See earliest rate cut in Feb; recovery 3-6 mths away: Kotak

Uday Kotak, executive vice chairman and managing director, Kotak Mahindra Bank expects the rate cut to come in February 2015 but adds that there‘s a 30 percent likelihood of governor Rajan paring rates in December itself.

Q2 GDP to be subdued; revival likely from Q4FY15: D&B

The deceleration in credit growth coupled with expected weak rural demand owing to erratic monsoon and substantial shortfall in production of various kharif crops point towards moderation in GDP growth during Q2 FY15, it said.

Address land acquisition woes next 100 days: Thermax

MS Unnikrishnan, managing director MD, Thermax, wants the government to address are more clearances in foreign direct investments and an easing of interest rates by addressing inflationary woes.

NDA win discounted; most FIIs bullish India: Punita Sinha

Sinha feels positive newsflow could lift market 10-12 percent from current levels. At the same time, the market could react sharply to a fragmented verdict in the elections, she cautioned.

Will outperform peers in FY14, revive biz in K‘taka: M&M

On the road ahead, Bharatendu Kapoor, senior vice president- Sales, Farm Division, Mahindra & Mahindra, says a rise in raw material cost has led to a Rs 4000 hike in prices since January and the company is seeing some signs of revival in Karnataka.

Mkt in consolidation phase, next 3-6 months tough: Envision

Nilesh Shah, MD and CEO of Envision says that the India may be on the cusp of another growth cycle if reforms are taken and investment cycle is kickstarted.

Insurance industry bats for revival; scripts a gameplan

The life insurance industry is confident of a revival in the sector. It has submitted four recommendations to the insurance regulatory development authority for staging a recovery for the insurance business, reports CNBC-TV18's Manasvi Ghelani.

UTI uniquely positioned; get chance to strengthen co: Puri

UTI MF provides Leo Puri with an opportunity to work towards strengthening an institution that has such a strong sense of purpose around it, he adds.

3% SUV tax hit sales, see revival in diwali, dussehra: M&M

Bharat Doshi, executive director and group chief financial officer, M&M is optimistic on the days ahead. He says the good monsoon seen throughout the country and the upcoming festive season should boost sales.

Can smartphone visionary engineer HTC's second coming?

Now in his tenth year as CEO of HTC Corp, Peter Chou is lauded as the architect of the Taiwanese firm's award-winning smartphones. But as the company's fortunes have dived, some insiders say he's now an obstacle to any revival.