Pranav Mukul

Articles By Pranav Mukul

Signals aplenty that slowdown is spreading across India Inc

On Thursday, Prime Minister Narendra Modi is learnt to have reviewed the state of the economy with Finance Minister Nirmala Sitharaman and top officials of the Ministry to assess measures being planned to tackle the slowdown.

FMCG companies red-flag gathering rural slowdown

There is an emerging consensus among FMCG majors that, like their automobile counterparts, the impact of the slump is more evident in rural India and that, in geographical terms, the north is the worst hit.

Crisis in auto sector takes its toll, 286 dealership outlets shut in 18 months

Industry players say the worst is still to come and that the of consumer demand and the liquidity crisis — could get prolonged as automakers compulsorily transition to new technologies, rendering their products more expensive.

Explained: Vistara launches international flights; what this mean for company

With the launch of its international flights, Vistara aims to plug in a void left by the collapse of Jet Airways of a premium offering by an Indian airline.

Alcohol test for airside ground personnel, ATCs soon

It is also proposed to mandate the organisations to maintain the relevant breath analyser result records of their personnel for at least a year.

Despite lockdown, steady air passenger movement continues in and out of J&K

According to an Air India official, load factors for the airline’s flights across three airports were high on Monday with even Delhi-Leh and Leh-Delhi flying with 95% bookings.

Jammu and Kashmir: Internet services, landline, mobile network are down

According to the latest subscription data provided by the Telecom Regulatory Authority of India (TRAI), as of May 2019, there were 1,01,465 wireline subscribers and 1,13,39,647 wireless subscribers in J&K circle.

Explained: Why Air India has capped fares on Srinagar-Delhi flights to under Rs 7000

The advisory by Jammu and Kashmir government asking tourists to leave the valley area has created a sudden spurt in sale of flight tickets out of Srinagar. 

J-K: 6,000 flown out of Srinagar, 22 flights today

Fares for scheduled flights out of Srinagar on Saturday skyrocketed shortly after the advisory was issued. The spot fares for a Srinagar-Delhi flight on Friday evening remained between Rs 7,000 and Rs 8,000; it went up to Rs 16,000-Rs 17,000 for Saturday.

J&K: Centre considers more flights to get tourists out; airlines offer free cancellations from Srinagar

Airlines flying to Srinagar have also started offering fee waivers on ticket cancellations for flights to and from the airport. Additionally, travel operators have indicated that people have started cancelling upcoming trips to the region.

Explained: What Zee stake sale means to media company, and investors

This announcement comes days after the company announced a nearly 40 per cent jump in its profit at Rs 512 crore on a revenue of Rs 1,789 crore ( a y-o-y growth of 14.5 per cent) in the quarter ended June 2019.

P&W’s India MD quits; unrelated to losing out on IndiGo order, says firm

It could not be ascertained when he would relinquish duties as Pratt & Whitney’s India managing director.

IndiGo feud: Amid truce claims, boardroom differences fester

Differences between co-founders of the airline — Rahul Bhatia and Rakesh Gangwal — came into the open after the latter sought intervention of markets regulator Sebi to address alleged corporate governance lapses on July 8.

Explained: What to expect from IndiGo board meet today

Differences between promoters and co-founders Rahul Bhatia and Rakesh Gangwal are likely to be discussed at IndiGo's Board of Directors' meeting today.

IndiGo board meets today: Promoter rift likely to overshadow strong Q1 earnings

IndiGo, India’s largest airline by domestic market share, extended its lead during the quarter due to the fall of Jet Airways that caused a sudden capacity crunch in the aviation industry leading to an uptick in fares and increase in yields for airlines.

Closed since Balakot airstrike, Pakistan reopens airspace after five months, sigh of relief in India

Flights will return to normal routes, cut down on time and crew: Air India

Explained: Pakistan re-opens airspace; how this will impact Indian airlines

Pakistan reopens its airspace: Indian carriers together lost over Rs 550 crore due to the restrictions that had resulted in longer flight times and higher fuel burns. A chunk of this was for flag carrier Air India, which lost Rs 491 crore till July 2.

Compliance of FDI norms: RBI to unveil report submission mechanism soon

Currently, India allows 100 per cent foreign direct investment (FDI) in e-commerce but has disallowed inventory model for the same.

DGCA: ‘Off-duty officials barred from travelling in cockpit’

DGCA move comes after an Air India pilot, scheduled to travel in cockpit, failed alcohol test on Saturday.

5G rollout: How far has India progressed, and where does it stand on Huawei?

While India is yet to take a stand on whether or not to allow Huawei in 5G trials, officials at the telecom department have indicated that a decision will be taken in consultation with the ministries of home affairs and external affairs.