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Why did stock market rally today? Sensex jumps 736 points, Nifty closes above 23,850. 5 key factors behind bull runIndian equities surged nearly 1% as bulls charged through Dalal Street, driven by an Iran-US peace framework and sliding oil prices. The Se...
IndiGo shares gain 2% after analyst meet. Why Goldman, Morgan Stanley, others see up to 38% upside?IndiGo shares witnessed an uptick on Tuesday after its analyst meet, where management outlined strong long-term growth plans driven by risi...
Buy, Sell or Hold: Elara Capital initiates buy on Bharti Airtel; Goldman Sachs has buy rating on IndigoBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiat...
CG Power's growth momentum strong, but valuation comfort missing: Sandip SabharwalCG Power expands its switchgear production, signaling strong demand in the power equipment sector. However, market expert Sandip Sabharwal ...
Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sectorAditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players lik...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
IndiGo approves $450 million plan to acquire aircraft, enginesIndiGo's parent company, InterGlobe Aviation, has approved a significant plan. Up to $450 million will be deployed to acquire aircraft, eng...
High Court says no to 'coercive action' against IndiGoThe Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST ...
Sensex surges over 800 points to cross 75,400; Nifty above 23,650 despite weak rupeeIn a recent turn of fortunes, Indian stock markets experienced a notable rise for the second consecutive day. On Thursday, both the Sensex ...
Vikas Khemani bets big on IndiGo, BHEL, and PSU banks amid market volatilityVikas Khemani of Carnelian Asset Management outlines his investment strategy amid market volatility. He favors mid and large-cap stocks, wi...
IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndia's largest airline, IndiGo, has invested Rs 10 crore in Bengaluru-based Sarla Aviation, a startup developing electric flying taxis. Th...
IndiGo takes equity stake in air-taxi startup Sarla Aviation, backs eVTOL pushIndiGo, India’s largest airline, has invested in Bengaluru-based Sarla Aviation, which is developing an electric aircraft to be used as fly...
Willie Walsh will have to repair IndiGo's image before driving global expansionWillie Walsh’s appointment as CEO of IndiGo is seen as a move to drive global expansion, but he faces the immediate challenge of repairing ...
IndiGo shares tumble 5% as airline hikes fuel charges from today amid surging ATF costsIndiGo has raised fuel charges on domestic and international flights from April 2 as ATF prices surge sharply amid global supply disruption...
‘Slasher’ Walsh takes one of aviation’s toughest jobs at IndiGoWillie Walsh is set to lead IndiGo, India's largest airline. He takes over after operational issues caused significant disruption. Walsh is...
IndiGo shares jump 8% after airline appoints former British Airways chief William Walsh as CEOIndiGo has appointed William Walsh as its new Chief Executive Officer. Walsh, currently with IATA, will join IndiGo by August 3. His appoin...
IndiGo receives Rs 458 cr GST penalty order, airline calls it 'erroneous'IndiGo's parent company, InterGlobe Aviation, has received a Goods and Service Tax demand notice. The notice includes a penalty of Rs 458.2...
IndiGo parent InterGlobe denies stake sale reports, calls them ‘speculative’InterGlobe Enterprises, the parent company of IndiGo, has refuted reports suggesting a potential stake sale in the airline. The company dis...
Why India's biggest airline and top SUV maker are locking horns over an alphanumeric numberInterGlobe Aviation, IndiGo's parent company, has sued Mahindra Electric Automobiles for trademark infringement. The dispute is over Mahind...
IndiGo likely to go public, plans to induct small planesIndia's largest and only profitable domestic airline IndiGo is likely to go public and also induct small planes in its fleet.