InterGlobe has accused Pahuna Lal, former assistant manager, at IndiGo, of stealing financial and price-sensitive information to deploy and use it in her position with SpiceJet.
The average number of days to complete the mandatory police verification has dropped to 29 days pan India in 2016 from 34 days in 2015 and 42 days in 2014.
Maran has sought compensation due to losses incurred because of SpiceJet’s alleged failure to issue convertible warrants and preference shares to him and his KAL Airways.
Decision to sell Jabong to Myntra was based on preference to receive cash: Kinnevik CEO Lorenzo Grabau
Grabau said Indian competitive dynamics have changed significantly in last couple of years with large investments by Amazon, Flipkart, Snapdeal and others.
Draft bill calls for the creation of a special court and investigation agency to tackle human trafficking cases in India.
Spicejet said that there was no fear of transferring shares to a third party or to Maran as the shares have not yet been issued by the company.
Airlines have been opposing a rule that forces them to fly to remote airports, claiming that those ops are unprofitable. Data suggests that they aren't telling truth.
Foreign airlines flying in and out of India have long had to grapple with a restraining arrangement on air traffic rights called bilaterals.
Except for the US, India doesn’t have an open skies arrangement with any major economy. Open skies would allow airlines to manage capacity with no restrictions.
Boeing’s latest offer to help govt create an industrial ecosystem to build its fighter planes signals it sees an opportunity in delays over the Rafale deal.
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