Nine technical glitches in the last two months in aircraft of an airline are not
Nine technical glitches in the last two months in aircraft of an airline are not only unusual, but alarming too. This not just forced aviation regulator DGCA to issue a show-cause notice to SpiceJet, but also triggered a debate around flight safety. And it comes at a time when airports are seeing a jump in footfall, and two more airlines are waiting in the wings to hit the sky. So in today’s podcast we ask if incidents involving SpiceJet can be brushed aside as aberrations? Or does it call for a reality check by the regulator?
From the Indian skies, let us shift our focus to the country’s retail sector, where Reliance is on a shopping spree. It recently partnered with GAP to bring the luxury fashion brand back to India. And apart from GAP, Reliance has brought home some 35 international brands. Find uot more about Reliance Retail’s growth strategy.
The revenue of Reliance Retail has grown five-fold in the last five years. Meanwhile, IT services giant Tata Consultancy Services is set to announce its June quarter earnings today. Our next report tells what analysts expect from TCS results, and what could be the road ahead for the company.
Meanwhile, some experts see the RBI’s recent measures to shore up rupee as a ‘knee-jerk’ reaction – which may send wrong signals to the stock markets. They said that the country is still sitting on a pretty-high forex reserve. But ever wondered what is the forex reserve? Let us find out in this episode of the podcast.
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
www.business-standard.com