![]() This is perfect for syncing your records with payday. One feature I do really like in this app is the way that you can specify your own start date for the beginning of the financial month rather than having it simply default to the first. You can also set up recurring payments to ensure all of your bills are always paid on time. This means that you can add your salary and then specify when money is set to leave your account for things like bills, rent, and so on. Technical Picks: Cipla, Gold mini, Cipla, Shree Digvijay Cement, and ICICI Prudential Life Insurance Company (These are published every trading day before markets open and can be read on the app).Mone圜ontrol Pro - Income and Expense tracker is a pretty standard money management app that you can use to set up different financial accounts and manage the different transactions that take place between them. Nepal Elections | China pushes Kathmandu's Left to keep US at bay Mudra yojana’s success is a result of reposing faith in small businesses, ordinary people ![]() How Donald Trump could win the 2024 Republican nomination Migrant workers face worse choices than building World Cup stadiums The link between return to old pension system and slowdown in bank deposit growthĭoesn’t anyone do due diligence any more? (republished from the FT) India’s accelerating green energy transition will cut emissions faster than official targets The political implications of BJP’S Muslim outreach What Q2 GDP will tell us about the structure of Indian economyĬhina turmoil is an opportunity for IndiaĬhina's crisis gives OPEC an excuse to cut oil production Uniparts India IPO: A quality play at attractive valuationsĬCL Products: Earnings growth on the back of capacity expansionĪs Nifty soars, has market 'adequately' considered all risk factors?ĪIIMS ransomware attack deserves parliamentary scrutiny Nifty at life-time highs – Time to stay put or book the gains? Investing insights from our research team In the end, strategy and access to funds will decide the winner of the upcoming dogfight. In any case, in the fight of elephants, the smaller airlines will have a tough time surviving leaving the skies open to the two players to battle it out. ![]() The one-two combination of Air India will make growth difficult for IndiGo. Air India with a 30 percent share will be aggressively looking to penetrate IndiGo’s 50 percent market.Īir India has the advantage over IndiGo in the sense that it can poke into the latter’s market share with its aggressive pricing through its low-cost Air India Express while consolidating its position in the full-service segment through Air India and Vistara offerings. Reports quoting SIA officials say the airline is looking at additional capital injection to the tune of $615 million, payable only after the completion of the merger.Īfter the merger, the Indian aviation market will largely be a duopoly with Air India and IndiGo sharing 80 percent of the market between them. The promoters of Air India have agreed to participate in additional capital injections to fund the growth of the merged Air India over the next two years. Reports say that the airline is likely to order 300 narrow-body jets, the largest orders ever in aviation history. For a cash-strapped industry, Air India with the backing of SIA and the Tata Group will have money backing their venture. The merger will have an impact on the aviation sector in India. The merger will be a win-win as it covers the entire spectrum of offerings and the only routes that overlap are between India and Singapore. Air India will be the only Indian airline to fly both the full-service and low-cost fleets. The airline will be serving 38 international and 52 domestic destinations. ![]() The combined fleet of Air India (including Air India Express and AirAsia India) and Vistara will be 218 wide and narrow-body aircraft, making it the second-largest domestic player and the country’s largest international carrier. According to the details of the merger reported in the media, Singapore Airlines (SIA), which currently holds 49 percent of Vistara, will invest Rs 2,059 crore to get 25.1 percent in the merged Air India. The Tata Group on Tuesday announced the consolidation of Vistara with Air India by March 2024. The merger will be the biggest in India’s aviation sector. The Indian domestic airspace is getting smaller with the merger of Vistara and Air India. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of. The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. ![]()
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