chief executive – The News Desk

NEW DELHI: Lufthansa CEO Jens Ritter recently travelled as a crew member on an international flight of the German mega carrier to get a first hand insight of his customer-centric business. A former pilot, Ritter went on a flight to Riyadh and Bahrain as an additional crew member (ACM) to “gain new insights”. He realised what passengers have often often experienced across airlines globally — the menu given not being what is actually served on board.Recounting the experience, Ritter wrote on his SM account: “Sometimes, you need to change perspectives in order to gain new insights! This week, I accompanied our Lufthansa Airlines flight crew heading to Riyadh and Bahrain as “additional crew member”. What a ride!”“I have been working for the Lufthansa Group for many years. But I have never had...

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 -- a period during which he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar. In a special resolution, Reliance sought the nod of shareholders to appoint Ambani as the head of the company till April 2029. Ambani has been on the board of Reliance since 1977 and was elevated as chairman of the company after the death of his father and group patriarch Dhiburhai Ambani in July 2002. In the special...

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Stock: When a mega airline CEO travelled as a crew member

Reliance seeks shareholder nod to appoint Ambani as head for another 5 yrs