Ajay Singh, Former Director, SpiceJet says getting the right business model for an airline is of utmost importance now as it is getting difficult to run an airline successfully.
The company reported net profit of Rs 19.74 crore in Q3 compared to net loss of Rs 8.23 crore in the year-ago period.
Grant Thornton's Raja Lahiri elaborates on their report on Indian mergers and acquisitions market. Inbound activity took a beating on the back of the economic slowdown, he says.
Om Ahuja of Jones Lang LaSalle (JLL) India says that the steps taken by the Reserve Bank of India (RBI) on Indians investing in properties abroad under liberalised remittance scheme (LRS) is a dampener for Indian investors.
The Reserve Bank of India hinted at a status quo on policy rates. It said that its immediate focus was to stabilise the rupee and made a case for calibrated action to contain the CAD.