With compliant lenders as co-pilots, Jet Airways’ descent was a foregone conclusion. The pity is that the inevitable was delayed for so long that much of its market value has been wiped out
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Distressed airline Jet Airways finally halted its entire operations from Wednesday night after failing to get emergency funds from lenders. In a discussion with Mint's Shrija Agrawal, experts discuss what went wrong at Jet Airways and the way forward. According to Jitendra Bhargava, aviation expert and former executive director at Air India, there were enough alarm bells ringing and the promoter-founder Naresh Goyal chose to ignore them. On the other hand, Manish Agarwal posited that airlines sector in India still remains one of the fastest growing and that there will be efficient and inefficient players.
The Jet episode needs a sudden job loss protocol to kick in for the employees who have lost their jobs. People in any job, in fact, need to have this protocol in place. Do you?
The current question is what Reliance sees in Aramco. The short answer: crude oil supplies at preferential rates from an equity partner
From hotels to fast food chains, employers in service industries are setting up training programs or revamping the ones they have
As five of Odisha’s 21 Lok Sabha seats vote today, Naveen Patnaik’s BJD is facing a larger and more aggressive BJP that is determined to wrest the state. Assembly elections to 147 seats are also being held simultaneously with the Lok Sabha polls in four phases till 29 April. Mint meets the key players in Odisha’s electoral battle
