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Air India's Cost-Cutting, Revenue Plan To Raise Rs.2,000 Cr Annually

Thursday, November 29, 2018, 11:23 AM

Debt-ridden national carrier Air India has commenced a 'cost-cutting and revenue augmentation' plan to garner 'financial benefits' of Rs.2,000-crore/annum. According to Civil Aviation Secretary R.N.Choubey, cost cutting and revenue augmentation plan was recently implemented by the airline. Mr.Choubey spoke to reporters on the sidelines of a curtain raiser event for the Global Aviation Summit, which will be held from January 15-16 in Mumbai.
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Maruti bets big on rural demand to drive sales

Thursday, November 22, 2018, 8:47 AM

Maruti Suzuki India is hoping that declining trend in fuel prices and robust rural demand will lift passenger vehicle sales in the remaining months of FY19, a senior company executive said on Wednesday. Petrol prices in New Delhi have come down 10% since hitting record Rs 84/litre on October 4. A lot of external factors have impacted car sales growth this year.

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