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AP Singh retires after 42 years of service; Ashutosh Dixit takes command of IAF
· Business Today Mkts
Born on December 9, 1966, Air Chief Marshal Ashutosh Dixit was commissioned into the fighter stream of the Indian Air Force on December 6…
Key facts
- Dates in focus
- December 9 and December 6
The analysis
This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement.