India’s aviation sector is dominated by low-cost carriers such as IndiGo and SpiceJet but Niyant Maru, chief financial officer of India’s newest airline Vistara, says there is room for growth in the full-service carrier segment as increasing prosperity leads to demand for quality in-flight services.
from Expert Zone:
(Opinions expressed here are those of the author and not of Thomson Reuters)
The past week belonged to individual stocks as the Nifty took a breather, closing with a small loss of 0.45 percent at 8,538. A host of stocks related to defence, railways and power ancillaries hogged the limelight on hopes of huge order flows. Jewellery stocks rallied after the government relaxed gold import norms.
from India Insight:
(Any opinions expressed here are those of the author and not of Reuters)
Indians like it cheap -- be it a car, a phone call or airfare. If that plane ticket is about 25 percent cheaper than a train ticket, you can imagine the rush to buy.