Search Forum
Blog Entry# 3330279
Posted: Apr 21 2018 (21:50)
2 Responses
Last Response: Apr 21 2018 (21:54)
2 Responses
Last Response: Apr 21 2018 (21:54)
IR Affairs
A2Z~ 12817 news posts
India can well do without an Air India; Indian Railways is far too important, precious and strategic for the nation to be allowed to become a...
IR's recipe of sure shot financial disaster
(1) Recruiting 1.1 lac more employees at this juncture, when the staff costs are a whopping 70% of total revenue.
(2) Freezing non ac fares, season passes since a decade in spite of sharp rise in input cost
(3) Continue operation of loss making trains (esp. with short rake) with very low patronage & revenue.
(4)...
more...
(1) Recruiting 1.1 lac more employees at this juncture, when the staff costs are a whopping 70% of total revenue.
(2) Freezing non ac fares, season passes since a decade in spite of sharp rise in input cost
(3) Continue operation of loss making trains (esp. with short rake) with very low patronage & revenue.
(4)...
more...
Dropping growth rate of earnings in freight as well as passenger segment is ominous signal indicating that the IR may be losing its market to Airlines & roadways at much faster rate than it had been in last 2 decades