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Air India Express
Air India Express is an Indian low-cost airline headquartered in Kochi, Kerala. It is operated by Air India Express Limited, a wholly owned subsidiary of Indian flag carrier airline Air India. It operates around 649 flights per week to 33 destinations including the Middle East and Southeast Asia. The airline carries around 4.3 million passengers every year connecting 140 city pairs. It has secondary hubs in Thiruvananthapuram, Tiruchirappalli, Kozhikode, Mangaluru and Kannur. History Air India Express came into existence on 29 April 2005, with the launch of three flights that took off simultaneously from Thiruvananthapuram, Kochi and Kozhikode. The airline was launched as a low-cost carrier with the objective of providing convenient connectivity, to short-haul international routes, in the Middle East and Southeast Asia for the Indian expatriate community. Air India Express was Air India's response to the growing popularity of low-cost carriers worldwide and within the reg ...
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Air India
Air India is the flag carrier airline of India, headquartered at New Delhi. It is owned by Talace Private Limited, a Special-Purpose Vehicle (SPV) of Tata Sons, after Air India Limited's former owner, the Government of India, completed the sale. Air India operates a fleet of Airbus and Boeing aircraft serving 102 domestic and international destinations. The airline has its hub at Indira Gandhi International Airport, Indira Gandhi International Airport, New Delhi, alongside several focus cities across India. Air India is the largest international carrier out of India with an 18.6% market share. Over 60 international destinations are served by Air India across four continents. The airline became the 27th member of Star Alliance on 11 July 2014. The airline was founded by J. R. D. Tata as Tata Airlines in 1932; Tata himself flew its first single-engine de Havilland Puss Moth, carrying air mail from Karachi's Jinnah International Airport, Drigh Road Aerodrome to Bombay's Juhu aero ...
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Air India Limited
Air India Limited is a wholly owned subsidiary of the Tata Group. It is headquartered at the Airlines House in New Delhi. It was previously a central public sector undertaking under the ownership of Ministry of Civil Aviation. It was incorporated on 30 March 2007 as the National Aviation Company of India Limited to oversee the merger of Air India, Indian Airlines and Alliance Air. It was renamed as Air India Limited on 26 October 2010. Air India Limited was privatized through it's sale to the Tata Group. On 8 October 2021 Tata Sons paid to Government of India and Tata will also assume of Air India Limited's debt as per the transfer deal. The remaining of Air India Limited's debt was also transferred to AIAHL. The Tata Group requested approval from the CCI to merge AirAsia India with Air India Limited in April 2022, which was granted on 14 June 2022. Structure Previous Current Upon completion of remaining stake sale in AirAsia India by AirAsia Bhd o ...
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Secondary Hub
An airline hub or hub airport is an airport used by one or more airlines to concentrate passenger traffic and flight operations. Hubs serve as transfer (or stop-over) points to help get passengers to their final destination. It is part of the hub-and-spoke system. An airline may operate flights from several non-hub (spoke) cities to the hub airport, and passengers traveling between spoke cities connect through the hub. This paradigm creates economies of scale that allow an airline to serve (via an intermediate connection) city-pairs that could otherwise not be economically served on a non-stop basis. This system contrasts with the point-to-point model, in which there are no hubs and nonstop flights are instead offered between spoke cities. Hub airports also serve origin and destination (O&D) traffic. Operations The hub-and-spoke system allows an airline to serve fewer routes, so fewer aircraft are needed. The system also increases passenger loads; a flight from a hub to a s ...
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Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English language, English-language daily newspaper and digital news media owned and managed by The Times Group. It is the List of newspapers in India by circulation, third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian "newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspap ...
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Special-purpose Entity
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, th ...
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The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launched a ...
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Crores
A crore (; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000). It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English. Money Large amounts of money in Bangladesh, India, Nepal, and Pakistan are often written in terms of ''Koti'' or ''crore''. For example (one hundred and fifty million) is written as "fifteen ''crore'' rupees", "15 crore" or "". In the abbreviated form, usage such as "15 cr" (for "15 ''crore'' rupees") is common. Trillions (in the short scale) of money are often written or spoken of in terms of ''lakh crore''. For example, ''one trillion rupees'' is equivalent to: * ...
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Business Line
''Business Line'' or ''The Hindu Business Line'' is an Indian business newspaper published by Kasturi & Sons, the publishers of the newspaper ''The Hindu'' located in Chennai, India. The newspaper covers priority industry verticals, such as Agriculture, Aviation, Automotive, IT, in weekly specials. The paper is printed at 17 centres across India, reaching metros as well as emerging Tier I and Tier II cities. Business Line has a daily circulation of 1,17,000 copies, per the Audit Bureau of Circulation in 2016. See also *List of newspapers in India , there were over 100,000 publications registered with the Registrar of Newspapers for India. India has the second-largest newspaper market in the world, with daily newspapers reporting a combined circulation of over 240 million copies . There are ... References External links * 1994 establishments in Tamil Nadu English-language newspapers published in India The Hindu Group Newspapers published in Kolkata Business newspa ...
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Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, stock and currency markets, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centers, Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow Financial Times to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Times'' was purchas ...
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The Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian " newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. Reuters rated ''TOI'' as India's most trus ...
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The Asia Times Online
''Asia Times'' (), formerly known as ''Asia Times Online'', is a Hong Kong-based English language news media publishing group, covering politics, economics, business, and culture from an Asian perspective. ''Asia Times'' publishes in English and simplified Chinese. History The Hong Kong website is a direct descendant of the Bangkok-based print newspaper that was launched in 1995 and closed in mid-1997. ''Asia Times Online'' was created early in 1999 as a successor in "publication policy and editorial outlook" to the print newspaper ''Asia Times'', owned by Sondhi Limthongkul, a Thai media mogul and leader of the People's Alliance for Democracy, who later sold his business. The new publishing company is Asia Times Holdings Limited, incorporated and duly registered in Hong Kong. Many reporters from the ''Asia Times'' print edition continued their careers as journalists, and a group of those contributors created ''Asia Times Online'' as a successor to the ''Asia Times''. The wo ...
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Expatriate
An expatriate (often shortened to expat) is a person who resides outside their native country. In common usage, the term often refers to educated professionals, skilled workers, or artists taking positions outside their home country, either independently or sent abroad by their employers. However, the term 'expatriate' is also used for retirees and others who have chosen to live outside their native country. Historically, it has also referred to exiles. Expatriates are immigrants or emigrants who maintain cultural ties such as the language of their country of origin. Etymology The word ''expatriate'' comes from the Latin terms '' ex'' ("out of") and ''patria'' ("native country, fatherland"). Semantics Dictionary definitions for the current meaning of the word include: :Expatriate: :* 'A person who lives outside their native country' (Oxford), or :* 'living in a foreign land' (Webster's). These definitions contrast with those of other words with a similar meaning, such a ...
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