From Ajay Singh's SpiceJet challenge to the shrinking gender pay gap, here are our top read stories of the week
Image: ShutterstockÂ
1) Turbulence for turnaround man
SpiceJet was in trouble in 2014. It was saddled with Rs 2,200 crore debt and was on the verge of shutting down when Ajay Singh bought the troubled airline. Singh's Midas touch and aggressive growth strategy made SpiceJet the world's best-performing airline stock in 2015—it was a staggering take-off of some 340 percent. It is 2022 and SpiceJet is once again in trouble. India's second-largest airline has faced a series of woes in the past few months. Experts are debating if Singh's aggressive growth strategy is responsible for the travails of SpiceJet. Will Ajay Singh work his magic wand to conjure cash and stabilise the flight? Or will he need a helping hand? Read more
2) Why severe landslides are on the rise