What are the Reasons for Jet Airways closure, and what will be the Future of the brand?

Jet Airways, once the top-notch airline in India, is now facing problems, and before looking into it, let’s start with a background of the brand first. The company came into being when the upper middle class and elite class prefer air travel only, and because of this, Jet Airways did extremely well and becomes the first choice for the passengers till 2005. The strategies of the brand were to provide excellence of services, but they charge as per their demand, and customers pay them without hesitation, so the business was doing great from the era of the 1990s till mid-2000s.

Jet Airways

What happened after 2005? What are the reasons behind Jet’s Closure?

Later in 2008, when the financial crisis hit the market, the Indian aviation market declined as it was an emerging market at that time, and the passengers dropped, due to which companies had to reduce the prices. But, when the fuel prices increase, all the brands have to raise the costs, and Jet did the same.

Things changed after 2005 when LCCs started to take over the place of Jet Airways with their customer-oriented pricing policies, and Jet found it difficult to compete with the new brand because of the high cost it charges throughout its career, due to which, the company’s business model affected badly.

Even though Jet did the same as other aviation brands, however, the former privately-owned firm had to face other obstacles, too. Firstly, it acquired Air Sahara at the time of crisis, and it had to pay a hefty sum of money. Secondly, other low-cost airlines started rising in India’s skies, and Jet couldn’t do anything but started losing its passengers. It was a tough time not only the company’s shareholder but for the workers, too. Jet needed to reduce its operational costs, but instead, it fired 1900  employees as the brand was under the burden of heavy debt, and that created another crisis for the company. Workers came out on the streets to protest against Jet, and then Naresh Goyal had to re-hire workers again. Things seemed better, but there were much more to come.

The Roller-coaster journey of Jet Airways

Later in 2009, pilots of the airline came out on the roads for protest, because the company didn’t let them create their union, and the owner solved this issue after a great hustle. In the same year, Jet launched another subsidy, Jet Konnect, and it was also a low-cost airline like JetLite (Air Sahara). The newly launched airline did a good business in starting years, but the company was still in debt, and it has to low its cost not only for the full-length carrier but for the subsidies, too. So, it was best only for short-term profit as the company flourished its business by 20% in India.

In 2012, the government of India allowed foreign airlines to take up a share in Indian airlines, and then Etihad lined up with Jet Airways by buying 24% share of the company. Later in 2013, Jet decided to compete with its national rivals; SpiceJet and IndiGo. Both airlines were low-cost carriers, and because of them, he also reduced the cost, but it wasn’t a smart move as the brand kept the high running costs. The year 2013 was a bit better for Jet, but 2014 was a complete disaster because of debt.

In 2015, Jet Airways again managed to reduce its losses, and the year 2016 was a good financial year, too. Things again changed in 2017, when IndiGo started dominating the Indian skies because of low-cost business strategies, and the international aviation market was also not ready to give the brand any chance. Meanwhile, fuel prices surged massively, and Jet started earning good again for a while. However, many investors refused to invest in the brand because of the chairman, Naresh Goyal. They wanted him to resign, but he stubbornly stayed there to save his seat. At last, he stepped down in 2019, but Jet becomes a failure now as many investors leave the company one by one, their fleet size reduced or almost finished in less than a year.

Etihad Airways

Future of the Brand

Right now, there is only one hope for the brand, and that is Etihad Airlines. If Etihad purchases Jet Airways, it still has to pay its $1.2 billion debt, which is massive, and Etihad is also facing financial crises, so the future of Jet is not so bright.

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How the War Affects the Stock Market in a Negative Way?

You might astonish how war can affect the stock market, but we can explain with recent events. Well, they both are entirely two different things, but war is one the crucial issue when it comes to making money in the economy. The stock market reacts differently to different variables, but war can entirely make it shut down. For instance, in the time of World War 1, the stock market closed for four months throughout the world after the war started.

Cyber War Monitoring

No matter which part of the world whether it is US-Korea, US-Iraq, India-Pakistan, or any other country have conflicts or have a war-like situation, it does affect the stock market negatively. In the time of the war, people start selling their bonds and shares and make fewer investments as there is a state of instability, and they start investing in companies like weapons and gun powder, etc.

To determine the influence of the war, let’s look into how the wars that have happened recently and have shaken up the stock market. Many people have the impression that the recession of the 2000s started with terror attacks on 11 September 2001, because after that incident the events have dropped down sharply.

North Korea Testing Missiles

Geopolitical tensions occur due to North Korea, which may trigger a war-like situation that eventually impacts other stock markets across the globe. According to the report, if North Korea tests its ballistic missile, then there will be a sharp decline in its stock market.

India-Pakistan Air Conflict

There is no doubt that the stock market has affected by war jitters. In the time of peace, we both neighbors have a strong rally, but the market immediately moves to worse because of Indo-Pak Air Strike, and there had been a decline of 200 points in Sensex and 10800 falls in Nifty. While on the other side, Karachi gets the shock of a 4% loss in its stock Exchange tank. Even after the Kargil war, there was a decline in the stock market of both countries.

Overall Trend

Well, wars are of different categories and make sure which one you want to highlight. A war in some cases can be beneficial for the economy take, for instance, the US markets, when the United States decided to go back to Iraq in 2003 we’d currently been in a 2-year bear market, and once the invasion of Iraq started, the markets began to bullish again. And we went on to have a 4-year bull market, the World War, which is a whole different ball game, and it was generally bad for economies particularly for those involved in the actual war. For instance, look at Germany, it was only between 1933 and mid-1939 that the country prospered, but once the war declared in early fall of 1939, their economic prosperity was no more. Now on the other hand, once a war is over this generally generates a new bull market as hope comes back to investors.

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JAWA Advantageous and Disadvantageous in Indian Land

 Jawa Bikes are popular for their exquisite nature, their make, different models and also their efficiency. Well, it’s said everything has its bad and good side and Jawa Bikes are no exception. Here are the positives and negatives of Jawa Bikes.  Jawa and Jawa 42 are direct rivals to the Classic 350.

Positives

Jawa Motor Cycle Inda

 

  • Light Weight

 

         These bikes not only got the power, but they also are lighter hence making it easy for riders to enjoy.                These bikes are a preference of many people because of this feature.

 

  • Suitable Seat Height For most Indians

 

The height of the Bike matters in order to accommodate the height of the people likely to buy them. With a seat height of 765mm, Jawa Bikes are made to captivate an enormous number of buyers, even short people would find these bikes to be suitable for them.

 

  • Jawa Bikes have more power

 

Jawa and Jawa 42 have more power compared to the rival bikes such as Classic 350.  Powering both the motorcycles is the same 295cc, liquid-cooled, single cylinder engine that puts out an incredible 27bhp of max power and 28Nm of peak torque.

 

  • Good Looks

 

Jawa has inspiring looks which are eye-catching and quite convincing for the buyer not to fall in love with them. The good looks attract many.

Negatives

 

  • Not-so-comfortable seat.

 

Most reviewers have tabled a complaint on the seats of Jawa Bikes. The seats have a hard-cushioning which is not comfortable especially if the rider is going for long highway rides.

 

  • Missing rear disc brake & dual-channel abs

 

These Bikes get 280mm front disc brakes and single-channel ABS set up and are being praised by most reviewers for their stopping power.

Suzuki launches new Jimny, know when will knock in India

Jeep Renegade Launch In India

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budget india 2019 Feb

Everything You Should Know About the Interim Budget of India 2019

For the past few months, every other person in India have put eyes on the upcoming budget, and finally, it announced on yesterday, 1 st February 2019. The interim budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha (Parliament).

He started his speech by wishing Arun Jaitley, the former Finance Minister, a speedy recovery. Then the parliament session officially initiated amidst uproar with the Opposition shouting slogans.

Major Highlights and crucial points of the Budget

The Finance Minister, Piyush Goyal, has said that the Modi Government have got a decisive mandate for continuing structured reforms. “We have reversed policy paralysis,” he added. The crucial points and highlights of the 2019 interim union budget are:

  • The possible turning point for the upcoming polls is the government announced full tax rebate for people having 5 lakh or less annual income. It’s giving relief to middle-class and lower classes of the society, and it means that people with income up to five lakh rupees are free from taxes.
  • Individuals with up to Rs 6.5 lakh annual income are free to pay taxes if they make investments in prescribed equities and provident funds.
  • The Indian Government also introduced a financial package for farmers. It announced the Pradhan Mantri Kisan Samman Nidhi Scheme, and under which every farmer will receive an amount of Rs. 6000 per annum in their bank accounts. The government has already allocated the net income of Rs 75,000 crore to initiate the scheme.
  • Another wise move the government of India has taken is it allocated Rs 64,587 crore to Railways, but its gross capital expenditure program is of Rs 1,58,658 crore. The Finance Minister Piyush Goyal has stated it in the yesterday’s interim budget in the Lok Sabha.
  • When it comes to Defense budget, the government has also increased it to Rs 3 lakh crore.

The above are the highlights and crucial points of the budget, and it seems the interim budget 2019-20 provides a massive boost to the primary growth engine, which is Domestic Consumption through income tax rebate for up to 30 million low-income taxpayers and marginal farmers of 120 million.

All hopes are with the latest budget as it seems quite promising because it favors the lower class and farmers a lot, who are an integral part of shaping one’s economy. Let’s see what will happen in the next few months when the general elections will occur.

India Election and Stock Market Performance during Past and Upcoming Election chances

Market Tweets (Trusted Sources)

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Russian Television Says by 2030 US will be the Second Largest Economy After India

The world economy is still in making as India is at the heart of it. Russia Today television was
trying to analyze a future forecast which was postulated by Standard Chartered Bank, it is
believed that India is most likely going to become the second world largest economy by the
year 2030 following China and overtaking US economy. This UK based international bank also
believes that India is likely to be the chief mover, with its trend growth increasing to 7.8% in the
The 2020s, majorly due to ongoing reforms in India for example; introduction of national goods and
service tax and the Indian Bankruptcy Code.

World GDP

The Indian Bankruptcy Code which was launched in India in 2016 helps the country in
consolidating the country’s bankruptcy and insolvency laws. On the other hand, the
introduction of national goods and service tax was launched in 2017 and it is helping India by
simplifying the tiresome and cumbersome tax regime.

In the US the aging population outnumbers the youth while India is well recognized as the
home of the world’s largest group of young people, a population section which is believed to
have help and will help in consumerism in India’s economy. Though for this to be achieved it is
believed that 10 million jobs have created in the service and manufacturing industries in
India.

India Q2 GDP Growth Raised To 6.3% From Q1 5.7%

Market Tweets (Trusted Sources)

GST: The Goods and Services Tax

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India Election and Stock Market Performance during Past and Upcoming Election chances

These days’ Indian investors are anxious concerning their economic growth, which is supposed to be destabilized by the upcoming elections in the country. If we look back at 2014 elections, investors were excited with assumptions that BJP will come into government this time with Narendra Modi as prime minister. They were hoping that he will give priority to the development by making more reformed policies and governance. When the results of General Elections 2014 were announced, that positively impacted the stock market performance. Investor’s reaction to the results was very positive, and BJP’s prime ministerial candidate showed an impressive performance of economic governance in Gujarat.

Indian Parliment Election

Look, the stock market always works on speculations, assumptions or anticipations about something positive and negative. History has made us to believe that any big event can impact stock market performance as per peoples’ assumptions. Furthermore, this stock market gets stable and adjusted when that event actually happens. There is one very widely accepted beliefs about the market, “Market moves on the news and gets adjusted on actual things happens.” You can make huge profits through stock market performance during elections by buying or selling the moment news or assumptions made, and after that selling and buying when things actually happen.
Looking at the Indian economy, BJP party is always considered as investors friendly by the market participants. It is widely considered as this party has a more policy-oriented approach than freebies government. Indians are confident that now BJP will come into government, and they will get the market momentum by making more productive policies and bills. In the hope of these assumptions, they have started buying stocks to later make profits from them by selling these stocks when the market goes up. But the irony is that, if the BJP party could not come into government, the market could definitely crash up to 10 percent or even more. Therefore, the stock market is actually a confidence game and it widely works on speculations and news about the big events like elections. You will see the stock market will fluctuate even after 12th May. Actually, this opinion poll cannot conclude or ad any value to any company or stock market, but people will still buy and sell shares according to these speculations. Hoping I gave a bit sense of this irony.
But this time Congress is also made their grand entry with the state election results. There is a chance that if Congress wins the stock market became volatile, but soon after it will be steady or uptrend after a few days. Lets hope.

Which All Stocks Provides Highest Dividends | 2017-2018

World Stock Market Timings (IST)

Enquiry Form

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Which All Stocks Provides Highest Dividends | 2017-2018

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Top 10 Best Stock Brokers India

Vote For Your Favourite Broker

Know India's best stock broker according to public votes. Stockbroking is being very popular n India because of the country's GDP growth. Its not easy to pick the best stock broker by considering the facts safety, security, platforms, support and other features. Choose your favourite two broker houses and see the result.

1. ICICI Direct

Being a leader with a large customer base in India, even though their brokerage is high, trust is more important in investing. That’s why ICICI still a leader in broker services.

2. HDFC Securities

By considering the investments and revenue, HDFC is among top broker in India

3. Zerodha

It’s growing fastly because of its simplicity and discount brokerages. Open Account Now

4. Sharekhan

Sharekhan struggled after the 2009 recession, then now again active with their business

5. Axis Securities

Axis is getting best reviews recently and their platform is the best in the industry to trade

6. Kotak Securities

With 3 in 1 facilities and improvements in banking made it to a competitor for the above brokers

7. Angel Broking

Active in their business, having lots of franchisees in India

8. Motilal Oswal

Best in research and advisory provides best recommendations for investments

9. India Infoline

IIFL is popular from old days, it is huge no of customers

10. Karvy Stock Broker

Headquartered in Hyderabad, India. Karvy Group is one of the leading financial services conglomerates.

This list is temporary, please vote for your favourite stockbroker and know top 10 best broking firms

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Suzuki launches new Jimny, know when will knock in India

Japanese car maker Suzuki has launched its new generation model 2019 Suzuki Jimny 4×4 in the market. Recently the company released its photo.

New Delhi (Auto Desk) Japanese car maker Suzuki has launched its new generation model 2019 Suzuki Jimny 4×4 in the market. Recently the company released its photo. Suzuki’s car is for the European market. There is a 1462 cc 4-cylinder petrol engine. Which generates 130 bits of nm at 100 bhp and 4000 rpm at 6000 rpm. It has a 5-speed manual gearbox and 4-speed automatic torque converter. If this car launches in India then it can be fought from Mahindra’s Bolero. Explain that Bolero is a very successful car in India.

According to Suzuki, most of the designs in the new Jimny have been taken from the old Jane models. Talk about its features, there are round headlamps, five slot grills and three doors. Suzuki unloads its SUV in eight colours, but the company has launched its new landline in two exclusive colours. In which one Kinetic Yellow and the other is Green.

Its cabin is equipped with new facilities. Its interior is in black colour. Talking about the music system, the touch screen facility has been provided with an automatic climate control system and a multifunctional steering wheel.

Due to safety, there is DUAL Sensor Break Support (DSBS), which gives audio, visual warning when at risk. Other security features include 6 airbags, electronic stability program (ESP) and tire pressurized monitoring system.

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New Income Tax Slabs 2018 | India

Financial Year 2017-18, Assessment Year 2018-19, The finance minister has reduced the income tax slab from 10% to 5% in the slab of 2.5 lakhs and 5 lakhs. With this, there is a proposal to reduce the existing rebates (currently up to Rs 5 lakhs) under section 87A from Rs 3.5 lakh to Rs 2.5 lakh, from Rs 5000 to Rs 2500.

Age<60

Income less than Rs. 2,50,000 = Zero, The total income is more than Rs 2,0,000 but less than Rs 5,00,000 = 5% on income which is more than 2,50,000, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000

Age>60

Tax Rates Income less than Rs. 3,00,000 = Zero, Total income is more than Rs. 3,00,000 but less than Rs. 5,00,000  = 5% on income which is more than 3,00,000, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000.

60<Age<80

Income less than Rs. 3,00,000 = Zero, Total income is more than Rs. 3,00,000 but less than Rs. 5,00,000 = 5% on income which is more than 3,00,000, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000.

Age>80

Income less than Rs. 5,00,000 = Zero, Total income is more than Rs. 5,00,000 but less than Rs. 10,00,000 = 20% of what is more than 5,00,000, Total income is more than Rs. 10,00,000 = 30% more income than 10,00,000.

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