Business Standard
Saturday, May 19, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Ajay Singh: Spreading his wings
Mihir Mishra / New Delhi Sep 08, 2010, 00:44 IST

Ajay Singh is no stranger to departures. After a high-profile stint as officer on special duty in telecom, IT and information & broadcasting during the NDA government, a change of regime at the Centre in 2004 left him cooling his heels. So, he and a few friends bought a defunct airline, rechristened it SpiceJet and began operations from an office outside the cargo terminal at Delhi airport.

But, after the Gurgaon-based low-cost carrier recently got a new promoter in Sun TV founder Kalanithi Maran, who bought over 37 per cent in the airline and plans to acquire 20 per cent more through an open offer, it was clearly time for the 43-year-old Singh to disembark, even though he and his family continue to own 10 per cent stake in the airline.

What now? Well, he may have time now for his passion of collecting rare paintings, largely from the Bengal School. Or to catch up on his other two interests: movies and sports (he captained his school cricket team, with Shah Rukh Khan as wicketkeeper). But those who know this turnaround artist well vouch it won’t be long before Singh spreads his wings again.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end higher led by SBI
- G-8 leaders to discuss eurozone crisis
- Digest of domestic news for the week
- World stocks erase year's gain, Brent at 2012 low
- Obama presses ailing Europe to focus on growth
  Read Business news in 
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Journey on, We are by Your Side. Click here to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- One Partnership Endless Possibilities. Click here to know more
- A Brand New Server at a Price That Fits Your Budget. Click here
- Watch The Film Here. Click here to know more..
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
Where do you see Nifty at the end of the year?
  4,500
  5,000
  5,500
Submit
Most Popular
Read
E-Mailed
Commented
   
- Brand SRK holds fort, but for how long?
- Air India reaches out to retired pilots as deadlock continues
- Aditya Birla Group acquires stake in Living Media India
- The Midas Touch?
- Markets bank on SBI to bounce back from lows
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Creamy layer |  Air India |  GAAR |  DRDO  |  Black Widow |  Satyamev Jayate |  Akshaya Tritiya |  Aamir Khan |  IPL |  IVRCL |  Ertiga |  Sarfaesi Act |  Vodafone |  Imagine TV |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Budget 2012 |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us