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INDIGO CRISIS RESOLUTION
Sensex slips 250 pts, Nifty at 24,000 as US strike on Iran dent sentiment; mid, smallcaps outperformBenchmark indices Nifty and Sensex traded marginally lower on Tuesday, impacted by US attacks in southern Iran, reigniting fears of a prolo...- Sensex drops 114 points, Nifty below 23,650 as rupee hits fresh lifetime low; broader markets outperformIndian markets ended lower on Tuesday as Sensex and Nifty erased early gains amid rupee weakness, even as volatility cooled. IT stocks outp...
- Why did the stock market fall today? Sensex tumbles 1,300 pts, Nifty below 23,850. 6 key factorsIndian stock markets experienced a significant downturn on Monday. The Sensex and Nifty saw sharp declines as oil prices surged. Fading hop...
- IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
- Adani Total Gas shares hit 20% upper circuit amid supply worries in India. Here’s whyAdani Total Gas jumped 20% to the upper circuit as the government prioritised PNG and CNG supply amid India’s worsening gas crunch. Despite...
- Grounded Jet Airways to sell 3 Boeing 777 frames and 6 engines for $46 millionJet Airways, which ceased operations in 2019, has sold three aircraft frames and six engines. The deal with Malta-based Ace Aviation is val...
- 90% of IndiGo's flight operations have returned to normal: Union minister Murlidhar MoholIndiGo's flight operations are nearly back to normal. Union Minister Murlidhar Mohol stated that about 90 percent of flights have resumed. ...
- DGCA, get a grip, clear the airFollowing recent operational challenges faced by IndiGo, the civil aviation ministry must take decisive action in enforcing pilot rostering...
- Tackling turbulence is part of flight planThe Air India Express crisis, causing over 170 flights to be canceled, has been resolved. A union representing employees announced that sic...
- With more travellers, planes, airports, 'bullishness' greets slightly clouded-aviation skiesIndia's Civil Aviation Minister, Jyotiraditya Scindia, has expressed a positive outlook for civil aviation in 2024. The country plans to ex...
- In 2023 India Inc. learnt hard lessons on families, friends and partnersIndia Inc 2023: The year 2023 saw significant turmoil within several prominent Indian businesses, including Bharat Forge, Indigo, Raymond G...
- Centre asks airlines to devise mechanism for reasonable pricing of air ticketsAirfares have jumped significantly on certain routes, especially in the wake of crisis-hit Go First suspending operations from May 3. Durin...
- Govt asks airlines to exercise moderation in pricing tickets amid spike in airfaresIndia is one of the fastest growing civil aviation markets in the world and domestic passenger traffic has been rising after being signific...
- Government to re-allocate Go First's Haj flights to IndiGo, two Saudi carriersThe decision comes against the backdrop of the uncertainty over cash-starved Go First, which has cancelled all flights since May 3. The bud...
- India to decide on Go First bankruptcy, lessors seeking planes fear impactGo Airlines (India), recently rebranded as Go First and the country's fourth-largest carrier, will learn its fate on Wednesday in a bankrup...
- Indian aviation market facing very tough competition; cost environment unfavourable: IATAIndia was one of the fastest growing domestic aviation markets in the world but growth turned negative in April mainly on account of Jet Ai...
- With just 5 planes flying, Jet Airways struggles to stay in sky; seeks Rs 400 cr emergency fundsEven as the board meet remained inconclusive, lenders maintained that efforts are on to revive the carrier.
- DGCA approves Jet Airways' summer schedule only till April 25The summer schedule of flights of all other domestic airlines such as Vistara, IndiGo, Air India and GoAir have been approved till October ...
- Lanco Infratech, Hindustan Unilever and USL among stocks in the newsHere's a look at the top stocks that may hog the limelight in today's session.
- Jet Airways, SpiceJet, Kingfisher & Indigo seek PM's intervention to face aviation crisisWhile aviation sector has been witnessing a high passenger and cargo growth rate, all airlines have suffered from a high rate of debt and l...
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