Articles by Savita V Jayaram

Savita V Jayaram
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Aircraft Play

Airlines in India will resume operations; but loss-recovery can take a decade

With coronavirus-induced nationwide lockdown and the flying ban later imposed has grounded 80% of the civilian aircraft in the top six airports of India - Mumbai, Delhi, Bengaluru, Kolkata, Hyderabad and Chennai. 538 aircraft out of the total 650 are parked at airports. No clear indications and instructions from the government yet on when and how will the flying ban get lifted. Apr 29, 2020
NRI billionaire Bavaguthu Raghuram Shetty Play

Rags to riches and back, BR Shetty, NRI billionaire, until he wasn't

From rags to riches and back, the story of NRI billionaire Bavaguthu Raghuram Shetty might seem like just another one on the face of it, but there's a lot more untold and unspoken about the man who rose to fame, glory and amassed a fortune of $4.2 billion in 2018, according to Forbes. Here's unravelling the mysteries and the mistakes that led to the phenomenal rise and unbelievable fall of a sprawling empire into a debt trap. Apr 27, 2020
Coronavirus in China Play

'Make China pay': US, UK, Germany, Israel, Australia seek payback

Five countries namely - the US, the UK, Germany, Israel and Australia are seeking compensations, detailed global investigation probes and full disclosure from China on Coronavirus emergence. They want to 'Make China Pay' for hiding critical information during early stages of the coronavirus outbreak in December and jeopardising the human health and economic future of millions today. Apr 24, 2020
DGCA certificate issued to AAI for GAGAN system about to expire Play

Flights over Indian airspace at risk? ISRO's navigation system to lose safety certification

The DGCA certificate issued to Airports Authority of India (AAI) for Indian Satellite-based navigation GAGAN system earlier on April 21, 2015, for a five-year period is about to lapse on April 21, 2020. Has the certificate been renewed by AAI yet or has Covid-19 delayed the same? Let's understand why the DGCA certificate is important and what will happen if the certificate expires? Apr 16, 2020
HDFC Bank Play

Explained: China fast buying stocks of major Asian FIs as markets fall

Amidst rise in coronavirus cases and a steep decline in stock prices, China is on a purchasing spree - buying stocks of companies and major financial institutions across Asia since January. Why? What's the rebound plan of China to bring back its financial stability and claim economic status globally? We deliberate here. Apr 13, 2020