India Insight

India and the art of the 24-hour economic reform

September 14, 2012

It’s not every day that India makes such a dramatic move as raising diesel prices, or allowing foreign direct investment in its debt-walloped passenger airlines. It’s certainly not every day that it caps this 24-hour period by allowing foreign investment in retail businesses.

To pity or not to pity Vijay Mallya

August 10, 2012

Picture this – You run an airline that never made a profit, you need to pay off $1.4 billion debt from who-knows-where and airports, taxmen and oil companies are pursuing you to get their money back.

Air India: should we shut it down?

June 5, 2012

Imagine yourself as the chief of an airline company. Here’s how things look there at a glance:

Kingfisher – A Shakespearean Comedy or Tragedy?

November 16, 2011

State Bank of India Chairman Pratip Chaudhuri took recourse to the Great Bard when asked about what the banks, who now own a substantial portion of the debt-hobbled airline Kingfisher Airlines, would do about its exposure.

Europe-bound passengers stranded at Delhi airport

April 20, 2010

Europe-bound passengers were still stranded at New Delhi’s Indira Gandhi airport on Tuesday, five days after European airports were cut off from the rest of the world by a huge volcanic ash cloud. Some of the affected travellers spoke to Reuters at the airport about their desperate efforts to get home.