Brand Makers
Dil Ka Jod Hai, Tootega Nahin
SpiceJet's Shilpa Bhatia and Arun Kashyap resign
Shilpa Bhatia and Arun Kashyap, who are likely to start their own charter airline business, March 31 will be their last working day at SpiceJet.
SpiceJet to induct 10 aircraft by next month
Amidst SpiceJet's revival attempt, Shilpa Bhatia, chief commercial officer, and Arun Kashyap, chief operating officer have resigned.
Bhatia and Kashyap, who are likely to start their own charter airline business, as per ET, March 31 will be their last working day.
In 2022, Kashyap had joined Air India as chief transformation officer. He joined back Spice Jet in less than a year, stated the report. Earlier, he was the chief program and transformation officer of the low-cost airline. His experience spans across Jet Airways and Oman Air.
In February, SpiceJet announced its plan to cut down on its workforce. Around 1,400 employees, which constitutes 15 percent of the total workforce are likely to be given the pink slip.
Confirmed by SpiceJet officials, the layoffs are for aligning company wide costs with operational requirements. This move comes in the wake of a salary bill of Rs 60 crore, which the cash-strapped company is struggling with.
SPOTLIGHT
"The raucous, almost deafening, cuss words from the heartland that Piyush Pandey used with gay abandon turned things upside down in the old world order."
Read MoreThe new face of the browser: Who’s building AI-first browsers, what they do and how they could upend advertising
From OpenAI’s ChatGPT-powered Atlas to Microsoft’s Copilot-enabled Edge, a new generation of AI-first browsers is transforming how people search, surf and interact online — and reshaping the future of digital advertising.