Jet Airways has lost many employees as the crisis unfolded.
Several hundred staff gathered outside the airline's headquarters in Mumbai on Thursday, chanting "We want justice" and "Please save Jet Airways."
Lenders to India's Jet Airways Ltd said on Thursday they are “reasonably hopeful” that the bidding process for the grounded airline will end successfully.
Aviation in India has attracted entrepreneurs like moths to a flame but only a few have managed to survive and thrive in a sector which has become the graveyard of all kinds of airline business models − budget, full service and hybrid. Kingfisher was one of the biggest private initiatives but it failed.
India’s merchandise exports in June declined 9.71 per cent, on a year-on-year basis, to $25.01 billion from $27.70 billion reported for the corresponding month of last year, official data showed.
The joint venture (JV) between Uber and Russian Internet company Yandex has agreed to acquire Russian taxi firm Vezet’s core business, further cementing Yandex’s role as a major online taxi operator in Russia and neighbouring nations.
Retail companies in the United States (US) are using promotions to boost sales during the weak shopping season. Amazon.com’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other US retail