Aircraft

Airlines in India will resume operations; but loss-recovery can take a decade

With coronavirus-induced nationwide lockdown and the flying ban later imposed has grounded 80% of the civilian aircraft in the top six airports of India - Mumbai, Delhi, Bengaluru, Kolkata, Hyderabad and Chennai. 538 aircraft out of the total 650 are parked at airports. No clear indications and instructions from the government yet on when and how will the flying ban get lifted. Apr 29, 2020
PTG365

PTG365 Is Giving Back in A Big Way Amid COVID-19

"New York City is driven by public transportation and with so many cases in the city, it's important for us to deliver an alternative that's in the best interest of our client's safety," said Obaseki. Apr 28, 2020
NRI billionaire Bavaguthu Raghuram Shetty

Rags to riches and back, BR Shetty, NRI billionaire, until he wasn't

From rags to riches and back, the story of NRI billionaire Bavaguthu Raghuram Shetty might seem like just another one on the face of it, but there's a lot more untold and unspoken about the man who rose to fame, glory and amassed a fortune of $4.2 billion in 2018, according to Forbes. Here's unravelling the mysteries and the mistakes that led to the phenomenal rise and unbelievable fall of a sprawling empire into a debt trap. Apr 27, 2020