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Sindhu Bhattacharya

Feb 9, 2015

Ratan Tata’s investment in CarDekho may help co swing into black soon

Tata has invested an undisclosed amount in GirnarSoft, the parent company which houses portals such as CarDekho, BikeDekho, Gaadi and PriceDekho. GirnarSoft is now valued at $300 million and Jain's ambition is to make it a mutli-billion dollar firm in the next five years. #Amit Jain' #CarDekho #DealStream #E-Commerce #GirnarSoft #Ratan Tata

Feb 6, 2015

Post Paytm stake buy, Ant Financial has no plan to invest in other Indian cos now

The investment is undertaken by Ant Financial Services Group, which is not related to Alibaba Group. #Alibaba #alipay #Ant financial services #Ant Micro Loan #Jack Ma #One97 #Paytm #Sesame Credit #Tianhong AM

Feb 3, 2015

Air India must get at least 85% flights on time, crew shortage being tackled: Aviation Min

The battle to have AI flights stick to scheduled timings has been launched and the target is to get at least 85% of AI flights to take off and land on time by next month. For the last two months, AI has been surpassing its own dismal on-time performance (OTP) record by reporting only about 60% flights on time. #air india #Aviation Ministry #Cabin crew #CorporateStrategy #Salary

Jan 19, 2015

Rs 1,500 cr not enough for SpiceJet: Ajay Singh may bank on trusted insiders

Ajay Singh and his band of investors, making sweeping management changes to steer the airline out of its current morass. These changes may not be immediate but will happen never the less. A source said an airline veteran, who has worked with Singh in his earlier stint which ended in 2010 when he sold off his stake to the Marans, may be elevated to head operations. #Airline #Ajay Singh #Aviation #capital infustion #Low-cost carrier #Marans #SpiceJet

Jan 16, 2015

Not cash alone: Ajay Singh needs a lot more to do to revive SpiceJet

Merely pumping in money into cash strapped SpiceJet will not turn it around. The airline needs a complete overhaul. Singh needs monumental patience, a team of turnaround specialists #air india #Airline #Ajay Singh #DGCA #Investment #Jet Airways #Kingfisher #Marans #Ministry of Civil Aviation #Sanjiv Kapoor #Singapore Airlines #SpiceJet #Tata #Tata Sons #Turnaround #Vistara

Jan 9, 2015

Vistara takes to skies with first flight: What it’s like to fly the Tata-SIA airline

Vistara's launch flight from Delhi landed in Mumbai slightly behind schedule, with not a single empty seat despite the airline pricing itself on par with other full service airlines like Jet Airways and Air India #Airline #Choon Phong Goh #Ratan Tata #Singapore Airlines #Vistara

Jan 6, 2015

Dark cloud over SpiceJet survival as Ajay Singh, Marans disagree over dues

A source who was privy to meetings between the SpiceJet management, Singh and a raft of ministry top brass last fortnight, had said earlier that the airline has sought deferment of payment of service tax dues and also wants payments to oil companies be deferred by a month. #Ajay Singh #Business #Civil aviation #Maran family #NewsTracker #SpiceJet

Dec 23, 2014

Vistara sees govt revoking 5/20 rule, readies plan to fly abroad

Vistara plans to start international operations as soon as the Government lifts the 5/20 rule. #air india #Airline #DGCA #Jet Airways #Kingfisher #Singapore Airlines #SpiceJet #Tata #Tata Sons #Vistara

Dec 19, 2014

Watch out Jet, Air India: Vistara’s three-class ticket strategy may go for the kill

The two things to watch out for would be how VIstara managed to get passengers to Premium Economy and Business seats. These two segments may depend heavily on corporate bookings. #air india #Jet Airways #ticket fares #Vistara

Dec 18, 2014

SpiceJet crisis: Govt may fix minimum airfare as more airlines could go bust

Among the proposals being considered is a rather contentious one - fixing the minimum air fare for each route. As of now there is no regulation on air fares. SpiceJet has been at the forefront of offering ridiculously low fares through most of 2014 in a bid to stimulate demand - forcing competing airlines to follow suit. Many analysts say this practice has hastened the airline's decline.
#airlines #Aviation Ministry #Fares #minimum fare #SpiceJet