Global media also reports on what lies ahead for IndiGo after Pieter Elbers’ exit, how Sunrisers' signing of Pakistan spinner Abrar Ahmed sparked a row & AI's impact on the IT industry.
Nearly 4,500 IndiGo flights were cancelled during the operational crisis, according to the findings of a Directorate General of Civil Aviation investigation.
Govt-appointed panel found multiple violations of aviation regulations & deficiencies in airline’s operational planning, crew management and oversight mechanisms.
Companies should not unnecessarily increase fares to increase their profits and should adhere to aviation regulations. The need today is to issue licenses to new players.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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