Indian representatives on the board and indeed in the airline's senior management. Whether AirAsia Bhd's aircraft can be brought in for operation into India, a measure that would certainly be cheaper for the airline, is still unclear. Though the government has cleared the investment, AirAsia will actually have to lobby for permissions at every step. ...
05:00 PM, Mar 13, 2013
Kolkata: Indigo Airlines co-promoter Rahul Bhatia on Saturday alleged that the government is "tinkering" with aviation policies for "a select few". "Our principle issue is why is the government tinkering with policies for a select few in the industry," Bhatia, Managing Director of InterGlobe Enterprises Group, said while speaking on the success of Indigo in Kolkata. Claiming his company knew about "artificial competition" from Air India, he said, "But, what...
03:20 AM, Jul 22, 2012
New Delhi: Prime Minister Manmohan Singh has called a meeting of the chiefs of domestic airlines on Saturday with a focus on the financial health of the aviation sector. Kingfisher's Vijay Mallya, Jet Airways' Naresh Goyal and Rahul Bhatia of Indigo Airlines are expected to attend the meet. This comes in the wake of the financial crisis at Kingfisher Airlines. The government has so far said that no proposal to...
11:28 AM, Nov 25, 2011
Reflecting the global turmoil, the fortunes of a majority of the richest Indians fell this year. Even then, 15 individuals managed to break into his exclusive club. Oh, the ways of wealth! After two years of unprecedented richness, the 100 richest people in India have turned poorer in 2011. With the volatile Sensex losing more than 20 percent since we last compiled the list, Indias wealthiest saw their total fortune...
10:51 AM, Nov 15, 2011
