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IndiGo appoints Rahul Bhatia as MD; to focus on airline’s int’l presence

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IndiGo appoints Rahul Bhatia as MD; to focus on airline’s int’l presence

Airline giant IndiGo appears to be gearing up for the challenge of tougher competition in Indian skies, appointing its co-founder and promoter Rahul Bhatia as managing director, focusing on expanding the airline’s presence in India and internationally.

The appointment comes as Tata Group buys Air India and new budget carrier Akasa Air plans to start operations.

In addition, this development has greater significance as less Covid restrictions are expected to trigger a lot of demand, not only domestically but even in the international market segment.

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Notably, the appointment also signifies that the airline’s co-founders and promoters – Rahul Bhatia and Rakesh Gangwal – are in a truce following a dispute over a shareholder agreement.

On Friday, InterGlobe Aviation’s board unanimously approved Bhatia’s appointment, effective immediately, “subject to approval by members of the company.”

Bhatia said his agenda will be transformative and will focus on expanding the airline’s presence in India and international markets and building long-term growth plans.

According to IndiGo chairman Meleveetil Damodaran, Bhatia will oversee all aspects of the airline and actively lead the management team.

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Ronojoy Dutta, CEO of IndiGo, said: “I describe Rahul as a restless and driven entrepreneur who is always looking for bigger and better opportunities in any business or venture. For example, our initiative with Cargo , and the last entire digital years spearheaded by Rahul.

“We are now entering a new phase of our journey with more international and long-haul flights. Strengthening the company’s thought leadership is a timely and welcome move in this changing and exciting environment.”

The appointment announcement comes on the same day IndiGo reported a year-on-year net profit of Rs 129.8 crore for the third quarter of fiscal 2022.

The airline posted a net loss of Rs 620.1 crore in the same period last year.

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Total revenue for the quarter ended December 2021 stood at Rs 9,480.1 crore, up 63.5% from the same period last year.

As of December 31, 2021, IndiGo’s fleet consisted of 283 aircraft, including 56 A320 CEOs, 140 A320 NEOs, 52 A321 NEOs and 35 ATRs, with a net addition of 4 aircraft during the quarter.

The airline operates more than 1,500 daily flights connecting 71 domestic and 24 international destinations.

Complete News Source : Business Standard

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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