The higher margins enjoyed by the rivals of Jet Airways following the grounding of the airline are set to disappear as the shortage in capacity in Jet’s absence is expected to go in another three mo...
The government has sought explanations from InterGlobe Aviation on the allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal. InterGlobe Aviation is the parent o...
InterGlobe Aviation on Tuesday reported a net loss of Rs 870.8 crore in the three months ended March as higher expenses and the suspension of flights because of the coronavirus took their toll on oper...
Aviation stocks on Thursday lost up to five per cent after the Union government hiked import duties on aviation turbine fuel (ATF).The Centre on Wednesday imposed a five per cent customs duty on ATF a...
The board of InterGlobe Aviation, the parent of IndiGo, on Friday discussed the possibility of inducting a women director on its board that would necessitate a change in the Articles of Association (A...
Shares of InterGlobe Aviation on Wednesday crashed over 11 per cent after a spat between its co-promoters became public. The sharp fall in the price, though expected, wiped off over Rs 6,400 crore in ...
There may be differences between IndiGo promoters Rakesh Gangwal and Rahul Bhatia on certain matters but the company has a great track record of resolving such matters and coming out ahead, the airlin...
The fissures that have emerged between the two promoters of IndiGo — Rahul Bhatia and Rakesh Gangwal — could see the carrier landing up at the National Company Law Tribunal if the board is not abl...
InterGlobe Aviation on Monday reported better-than-expected numbers for the December quarter of 2019 when net profits soared 168 per cent to Rs 496 crore. The parent of budget carrier IndiGo had poste...