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Aditi Shah

RPT-ANALYSIS-Tata looks to reclaim the skies in Jet stake talks

15 Nov 2018

NEW DELHI/MUMBAI, Nov 14 Tata Sons Ltd is in pursuit of a controlling stake of debt-laden Jet Airways Ltd, a purchase which could transform India's largest conglomerate from airline fringe player into the country's dominant, full-service international carrier.

Tata looks to reclaim the skies in Jet stake talks

14 Nov 2018

NEW DELHI/MUMBAI Tata Sons Ltd [TATAS.UL] is in pursuit of a controlling stake of debt-laden Jet Airways Ltd , a purchase which could transform India's largest conglomerate from airline fringe player into the country's dominant, full-service international carrier.

Tata in active talks to buy majority stake in Jet Airways: sources

13 Nov 2018

NEW DELHI/MUMBAI Indian conglomerate Tata Sons is in active talks to acquire a controlling stake in Jet Airways , four people aware of the talks told Reuters, in what could potentially be a lifeline for the debt-laden carrier.

Jet Airways to cut flights on some routes after further losses

12 Nov 2018

BENGALURU/NEW DELHI Debt-laden Indian carrier Jet Airways Ltd will cut flights on less profitable routes and add capacity to more lucrative markets, as part of its effort to lower costs and boost revenues as it struggles to stay aloft.

UPDATE 2-India's Jet Airways to cut flights on some routes after further losses

12 Nov 2018

* To focus on profitability rather than market share (Updates with details from airline, CEO comment)

Safety watchdog suspends Air India operations director's pilot license for three years

12 Nov 2018

NEW DELHI India's air safety watchdog on Monday suspended the license of a senior Air India pilot, who is also the carrier's director of operations, for three years, a day after he failed two breathalyzer tests before a flight to London from New Delhi.

Higher prices, lending curbs dim Diwali festival for Indian retailers

06 Nov 2018

NEW DELHI/BENGALURU Higher prices, lending curbs and a move to online shopping are denting the cheer for Indian retailers at this year's Diwali Hindu festival, with lackluster sales for high-end items ranging from iPhones to cars and even gold.

Ford goes local in India, aims for bigger slice of competitive market

06 Nov 2018

NEW DELHI Ford Motor Co made a profit in India for the first time in a decade in the last fiscal year, signaling that a strategy conceived two years ago by the U.S. car manufacturer for one of the world's most competitive car markets is starting to show some success. | Video

Ford goes local in India, aims for bigger slice of competitive market

06 Nov 2018

NEW DELHI Ford Motor Co made a profit in India for the first time in a decade in the last fiscal year, signalling that a strategy conceived two years ago by the U.S. car manufacturer for one of the world's most competitive car markets is starting to show some success. | Video

Singapore Airlines-backed Vistara bets on upmarket model in frugal India

29 Oct 2018

NEW DELHI In the highly price-sensitive Indian aviation market, Vistara, a full-service carrier backed by local conglomerate Tata Sons and Singapore Airlines Ltd , is betting it can convince passengers to buy higher fares in return for superior service.

World News

Trump says U.S. may not impose more tariffs on China

U.S. President Donald Trump said on Friday that he may not impose more tariffs on Chinese goods after Beijing sent the United States a list of measures it was willing to take to resolve trade tensions, although he added it was unacceptable that some major items were omitted from the list.