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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.
The Ajay Singh-led airline may have claimed it has turned profitable, or has a positive net worth for the first time in a decade, but a closer look suggests otherwise.
“For the first time in a decade, the company turned net worth positive - an important milestone that underscores the success of our turnaround strategy. The past is behind us and we are now firmly focused on building a stronger, more resilient future for SpiceJet.” This is what the budget airline’s chairman and managing director, Ajay Singh, said after a delayed announcement of the second- and third-quarter results last week.
This was a big moment for an airline that few expected to survive, and one that has been in and out of the courts for scores of lawsuits it is …
As the low-cost carrier pushes through a compensation overhaul, the absence of a CEO is complicating a delicate moment.
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
The two new chief executives at Air India and IndiGo come with contrasting reputations but face the same challenge—do their predecessors one better.
