Indigo has stated that its net profit has grown five times to Rs 550 in 2009-10. It cited lower costs and higher revenues but did not disclose further details. "There is a substantial growth in revenues. We also added more aircraft and as a result of this our available seat kilometres measures (ASKMs) have gone up by 28%," Aditya Ghosh, CEO, IndiGo, told ET. IndiGo's revenue increased 35% to Rs 2664.5 crore for the year.Rashesh...more
Are you one of those people who seems to have bad luck when you bet on horse races? There could be several reasons why you keep losing money on the horses. Of course, the obvious reason is that you're betting on the wrong runners. But there is a reason for that and maybe you can figure out what the cause of your losing ways is and fix that problem.First of all, everybody can't win at the race track. The track takes out...more
After several years, your thinking of launching a new career as an auto parts store owner. You own an old building where you plan to open an auto parts store, debt-free. The auto parts store is in a small town, so you don't expect heavy traffic, but you are hoping your low overhead will help compensate for a smaller customer base. Would you be right to open an auto parts store like this?An inventory-heavy retail venture like this, for a first-time entrepreneur in a location with a small customer base and little foot traffic, is particularly risky. Assuming you'll be using retirement or other savings to launch this business, your nest egg could easily slip through your fingers unless you do better than hope your business can support you.Just because you own a building doesn't mean it's a good location for an auto parts store. Location is so crucial to retail business success that you might be wiser to lease your building out as office or warehouse space and use the income it generates to rent an affordable storefront in a more retail-friendly spot. It's not a good idea to think that since you're not paying rent, everything will be fine. By opening an auto parts store,...more
Mark Csernica Comments on Andy Kessler's Opinion "The iPhone, Net Neutrality and the FCC" in the 6/11/2010 Wall Street Journal. The article laments ATT's implementation of usage-based wireless data pricing, and ATT continuing "chess match" with the FCC over imposing network neutrality rules on Wireless. Mr Kessler argues that the ATT...more
Commencing business in 1941, the Verna Toy Company was a doll and soft toy producer under the ownership of Eva Barnett. Teddies were first created by the company in 1948, when it was taken over by Arthur Eaton.The earliest teddies were made of mohair, with five joints, glass eyes and kapok (excelsior) stuffing. Distinctively, Verna...more
One&Only Le Saint Géran, one of the world's finest resorts, is celebrating its 35th anniversary in October this year.This special occasion will be marked by a weeklong celebration featuring an exciting programme of special events. From 24th to 29th October, One&Only Le Saint Géran will adorn itself in festive spirits with stunning dining experiences and entertainment.A Wine Dinner at Spoon des Iles by Alain Ducasse, a Gala Dinner by Michelin-starred chef Vineet Bhatia to celebrate the 3rd anniversary of Rasoi by Vineet restaurant, Coastal Food Festival at Rasoi, and the 35th Anniversary Celebration Gala Dinner Buffet are the culinary highlights during this week. The programme will also include full moon parties, local musical entertainment, lavish beach barbecues, superb fireworks, golf competitions, tennis tournaments and more. One&Only Le Saint Géran, named after the sailing ship, which perished on nearby reefs in a violent storm in 1744, was born on 20th October 1975 and was inaugurated by late Sir Seewoosagur Ramgoolam, father of the nation and first Prime Minister of the island. With its opening in 1975, One&Only Le Saint Géran highly contributed to the...more
There are many slow, quite, peaceful activities available in the tranquil area of Hout Bay, such as browsing the local craft market, which is on every Sunday and is situated under the calming influence of many large indigenous trees....more
Commercial removals across London or elsewhere can be a logistical and organisational headache but the process can be made easier by following a few simple rules. Here's a list of dos and don'ts to consider if you are thinking about...more
Named after Sir Charles Bell, a 19th century Scottish surgeon, Bell's palsy refers to facial paralysis caused by an irritation to the cranial nerve VII (number 7). It is this nerve that controls most of your facial muscles which...more
People often get into financial difficulty by buying on credit, thinking they will have enough money in the future to pay off their debts. Unfortunately it seldom works out the way they planned. They find themselves in debt because they...more
As interesting as the world-of-warcraft game maybe, there are a lot of players who don't have fun with it. This is because they do not have enough money to purchase the necessarily equipments and gear to make the game interesting and...more
Keeping up with all the latest toys and games at Christmas time can be a real pain. Each year there is a new craze for whatever new toy is being advertised and no matter what it is, you can bet your kids will want it.Whatever this years...more