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Akasa Air will connect four cities in its first phase of operations, with flights connecting Bengaluru and Kochi beginning on August 13 with two daily flights.
Akasa Air, backed by ace investor Rakesh Jhunjhunwala, and aviation veterans Vinay Dube and Aditya Ghosh, is expected to begin its commercial operations in July
It's a bold bet by Jhunjhunwala, in a market that has seen some airlines collapse in the face of intense fare wars and high costs. Here's all you need to know about the new airline
Industry sources said that it will be difficult to attract veteran executives unless they have a concrete stable plan
Fabindia, which operates a chain of stores selling a range of artisans products, on Wednesday said former Indigo airlines president Aditya Ghosh has been appointed as a member of its board of directors. Ghosh will be guiding the management teams with strategy and new initiatives, the company said in a statement. "Fabindia believes that the post-Covid period will bring about transformational change in consumer behaviour and brands with purpose, sustainability initiatives and earth-friendly commerce will become increasingly important...As we evolve towards a new normal, we are excited to have Aditya on board helping with strategy and growth," the company said. Ghosh is a seasoned professional with over 22 years of experience and has had multiple roles including leading IndiGo and also OYO Hotels & Homes. On his joining the board of Fabindia, Ghosh said, "I am looking forward to engaging with a sense of purpose where we continue to build on the tremendous trust that the Fabindia ...
Hospitality firm OYO on Monday said it has elevated Aditya Ghosh, currently chief executive officer (India & South Asia) for the hotels and homes business, as a member of its board of directors. Rohit Kapoor, currently CEO of the new real estate businesses of the company, has been appointed as CEO (India & South Asia) for OYO Hotels & Homes, it added. Ghosh will join OYO Hotels & Homes founder & Group CEO Ritesh Agarwal, Baja Corporation founder & CEO Betsy Atkins and other industry experts like Munish Varma, Bejul Somaia and Mohit Bhatnagar, among others, on the company's board, OYO Hotels & Homes said in a statement. In his role on the board, Ghosh will focus on five key areas namely, safety and security, customer experience, corporate governance, revenue management and stakeholder communications, the statement said. "Ghosh's strong business acumen, problem-solving capabilities, passion for building an organisation with strong corporate governance and a ..
'I wanted to work for a company that has a big presence in India', said Aditya Ghosh
Hospitality firm OYO on Monday said it has expanded presence to over 500 cities across India with focus on tier 2 and 3 cities and smaller towns. This is in line with the company's objectives of going deeper in existing markets and metros, while forming a stronger national network through presence in smaller towns, cities and popular tourist destinations, OYO said in a statement. "At OYO Hotels and Homes, we are focused on strengthening our presence in India and South Asia, while enabling economic opportunities at every level and, not just across metros but also tier 2, 3 and 4 cities," OYO Hotels & Homes India & South Asia CEO Aditya Ghosh said. On growth opportunities in India, Ghosh said: "We are less than 5 per cent of the total unbranded hotel and guesthouse market in India and there is massive headroom for growth now and in coming years." Bengaluru, Delhi, Mumbai, Gurugram and Hyderabad lead in presence of hotels among metros, the statement said. Manali, Ujjain, ...
Sector watchers said the development was not a surprise as IndiGo is planning for the takeoff of its next phase of growth
Ghosh joins OYO from December 2018
Ghosh said the Tata Trusts Cancer Care Initiative is one of the largest health care programmes in the world
Set up in 2005 under the Palkhivala Foundation, NPAC is the only institutional arbitration centre with two centres -- New Delhi and Chennai
IndiGo's success can be attributed to a combination of the management's vision and strategy
In last fiscal, IndiGo made an annual profit of Rs 1,989 cr, which was also its highest ever profit