A closer look into the Gupta family’s network in India may open a Pandora’s box
DID THE GUPTA brothers –– Ajay, Atul and Rajesh–– play a role in South African Airways (SAA) stopping its flights to India, allowing Indian flier Jet Airways and Abu Dhabi-based Etihad Airways to take over the bilateral arrangement between the two countries?
The decision to suddenly shut down the Mumbai-Johannesburg sector which had a seat load factor of 82-88 percent in March 2015 intrigued the travel and tourism sector. SAA, which had been flying to India for the past 19 years, did not give enough notice to tour operators who had booked flights uptil November 2015.
Why did SAA, in the name of streamlining its operations, abandon one of its routes that serviced the historical ties between India and South Africa? The airline had then claimed that Mumbai was in fifth spot on the list of 10 sectors that were incurring losses. The seat load factor, according to industry sources, tells another story.
This story is from the March 2018 edition of Hardnews.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 2018 edition of Hardnews.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The Making Of A Hard State
By ratcheting up nationalistic sentiments to a fever pitch, the BJP is trying to reap political dividends.
GST Will Not Change India
It would be foolish to deny the benefits of the landmark legislation for the business community and in terms of administrative streamlining, but more foolish still is the notion that it is going to radically change India’s growth story.
The Countryside Is Burning
A lack of jobs and an abundant workforce have meant that the agrarian states of India have become tinderboxes waiting to catch fire.
How Big Is The Black Money Catch?
There are many questions which remain unanswered despite the announcement of a massive ₹65,000 crore being supposedly declared by tax evaders across the country.
The Trump-Clinton Cliff Hanger
The US presidential elections of 2016 are going to be one of the most rivetting polls in recent memory.
How Prepared is Delhi for Bird Flu?
The government administration seems to be dozing while cases of bird flu are popping up on the radar.
US Elections: Sex, Lies and Presidential Debate
Democracy is the art of running the circus from the monkey’s cage. – HL Mencken
50 Years of Haryana: A Dream Un-Fulfilled
Celebrating the existence of a state which has been around for 50 years begs the question. What exactly has that state achieved?
Staring at Jobs Loss, and Driverless Cars
Every month, a million young Indians become ready to join the industrial workforce. Who can generate enough jobs?
For Fear of Finding Something Worse
If Hillary Clinton does manage to get elected, it will be because enough voters can’t endure the idea or the reality of dictator Donald Trump.