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Business Today
Perspective
Why Jet Airways is unlikely to come out of woods anytime soon

The airline has delayed its first quarter results announcement after its audit committee didn't recommend it to the board. Hours before the deferment, the chairman of the audit committee - Srinivasan Vishvanathan - had reportedly resigned from his job.

 
 
The likes of ITC Foods, which is barely 10 years into this business, has surpassed HUL's food revenues, and is already an over Rs 11,000 crore business.
According to ratings agency ICRA, the aggregate loss of the aviation sector is expected to reach Rs 3,600 crore in 2018-19, up from around Rs 2,500 crore in 2017-18.
Here are four reasons why an escalating trade war with US will further weaken the currency value against the US dollar.
The rising ATF prices, rising competition and weakening of rupee seem to suggest that the airlines are staring at tough days ahead.
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