Indian Inc is currently under a mini turmoil. The much talked about and eagerly anticipated billion dollars worth deal between Jet Airways and Sahara Airways is put off according to reports from news sources. In another story, Tata has sold its entire stake in Idea cellular to the Birlas after a long-fought cold war between the two.
In order to continue the sustained growth Indian economy is currently experiencing, especially the telecom and aviation boom, I feel that such sour deals will only threaten to derail the boom.
And the star of the masses in the aviation sector, Deccan Airways always felt the market pinch a few days back when its IPO got embroiled in the sudden bear market fluctuations.
In order to continue the sustained growth Indian economy is currently experiencing, especially the telecom and aviation boom, I feel that such sour deals will only threaten to derail the boom.
And the star of the masses in the aviation sector, Deccan Airways always felt the market pinch a few days back when its IPO got embroiled in the sudden bear market fluctuations.
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