Business
Former AI Express CEO Aloke Singh now in IndiGo cockpit as CSO – The Times of India
NEW DELHI: IndiGo Monday appointed Aloke Singh, former MD & CEO of Air India Express, as its chief strategy officer (CSO). Singh had completed his tenure at AI Express on March 19, during which he had overseen the merger of erstwhile AirAsia India into the airline and steered the Tata Group low cost carrier (LCC) to become a force to reckon with. He has previously held senior leadership positions, including in the strategy domain, at Air India and Oman Air.This is the first big hire by IndiGo founder Rahul Bhatia who has recently taken over as the airline’s interim CEO and clearly signals the intention to aggressively scout for the best available talent in India and abroad.Rahul Bhatia said: “Aloke brings an exceptional blend of strategic vision and operational depth. His comprehensive understanding of the aviation ecosystem will be invaluable as we build a more agile, resilient and future-ready organisation, and accelerate our next phase of growth. For now, Aloke will report to me. Once the next CEO assumes office, he will transition to reporting to the new chief executive.”Aloke Singh said: “I am delighted to join IndiGo at such a pivotal moment for the airline and for Indian aviation broadly. Having redefined India’s domestic and short-haul international aviation landscape, IndiGo is taking its ambitions global. I look forward to working with colleagues across the organisation to sharpen our strategic direction, double down on operational excellence and deepen and broaden our markets.”As IndiGo CSO, Singh will lead the LCC’s “long-term strategic planning function and drive enterprise-wide transformation initiatives focused on accelerating growth, enhancing operational efficiency and strengthening competitive positioning in a rapidly evolving global aviation landscape,” the airline said in a statement. He will partner closely with the leadership team on cross-functional priorities designed to improve agility, elevate customer experience and deliver sustainable shareholder value.Singh has over three decades of aviation industry experience spanning strategy, planning, operations and commercial functions with a track record of leading complex operational and cultural transformation, driving rapid growth and managing large-scale expansion programmes.
Business
CCI to probe Pernod Ricard, seven others – The Times of India
NEW DELHI: The Competition Commission has ordered a detailed probe against French spirits major Pernod Ricard and seven other entities for alleged cartelisation in the Indian-made foreign liquor market.The seven entities that have come under the watchdog’s lens are Indo Spirits, Pathway HR Solutions, Universal Distributors, Khao Gali, Bubbly Beverages, Shiv Associates and Organomix Ecosystems.Ordering the investigation, the regulator said it is of prima-facie view that Pernord Ricard’s restrictive conduct with its retailers/wholesalers, purportedly, to induce brand pushing and achieve higher market share in IMFL market in Delhi, falls within the purview of ‘exclusive dealing agreement’ under the Competition Act. Such conduct violates the Act, according to a 26-page order, dated May 5, by the Competition Commission of India (CCI). The complaint was filed before the CCI in 2024.CCI’s Director General (DG) will carry out the investigation that will also look into the role of the persons/officers who were responsible for the conduct of the activities of such entities as well as individuals whose consent or connivance was involved during the time of the contraventions.
Business
Cost of living crisis sees tradespeople having to chase debt
More than half of tradespeople have seen an increase of late payments compared to a year ago, a survey finds.
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Business
Pakistan takes major step with floating solar power project at Keenjhar Lake, Sindh – SUCH TV
Pakistan is taking a significant step towards promoting renewable energy and energy self-sufficiency with 243 million dollars floating solar power project on Keenjhar Lake in Sindh.
The 500 megawatt project has already been finalized and aims to promote renewable energy and reduce dependence on imported fossil fuels.
The floating solar system on Keenjhar Lake will provide an innovative solution for generating energy without using land and will help in efficient power transmission and meeting energy needs of industrial and urban areas.
This development is a significant step towards Pakistan’s 2030 environmental goals and self-sufficiency in the energy sector.
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