In terms of growth,India has surpassed China which traditionally led from the region, and now stands at number 3.
The world’s largest container ship operator, and IBM announced a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology.
Prock-Schauer's appointment is also the latest in a line of global airline executives roped in by IndiGo to steer its growth.
The two together account for 40% of all A320neo (new engine options) planes that have been globally delivered so far. While IndiGo has 45 A320neo planes in operation, GoAir has 13.
IndiGo and GoAir are the earliest adopters and currently the largest users—accounting for more than 40%--of the GTF engine-powered Airbus A320 Neo planes.
In his capacity as COO, Strandman will be responsible for strengthening airline's flight operations, airport, security and airside operations (ASA), flight safety and inflight services (IFS).
Net income from operations rose 29 per cent to 20.65 billion rupees.
Innovative Logistics, based in Kolkata, will support Stellar’s foray and growth into express logistics, apart from adding more than 100 customers.
The promoters were also not pleased with his decision to induct expatriate commanders, the people said, as that would inflate the salary bill for the airline.
The e-way bill portal crashed on Thursday on its first day of implementation leading to shipments worth hundreds of crores being stuck on highways.
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