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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A crew crunch, new regulatory norms and simmering discontent push India’s biggest airline into its biggest crisis yet, one that could seriously dent its reputation for reliability.
Chaos has engulfed IndiGo counters across airports for three days straight. By Thursday evening, the airline had cancelled over 500 flights and delayed countless others. Passengers were stranded everywhere—at boarding gates, on the tarmac and even inside aircraft.
In Pune, passengers were stuck inside an aircraft that had landed for two hours because the pilot couldn’t find a parking bay; the apron was clogged with IndiGo planes. Elsewhere, passengers booked on a Patna-Delhi flight found themselves unexpectedly marooned in Bhubaneswar. “The direct flight from Patna to Delhi was cancelled, we were rerouted via Bhubaneshwar, and now we are stuck here …
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.
Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.
As the low-cost carrier pushes through a compensation overhaul, the absence of a CEO is complicating a delicate moment.
