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INDY 500 FACTS
Why is stock market rising today? Sensex surges over 600 points, Nifty above 24,350. 6 key factorsIndian markets extended their rally on Thursday, driven by optimism over easing US-Iran tensions and softer oil prices, which lifted invest...- Amid IndiGo fiasco and flight cancellations, Civil Aviation Secretary says 'things almost back to normal'IndiGo flights cancelled: India's largest airline, IndiGo, faced a week of chaos due to massive flight cancellations, grounding tens of tho...
- "Things almost back to normal...": Civil Aviation Secretary on disruptions caused by Indigo crisisIndiGo crisis: Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu told Rajya Sabha earlier in the day that the problems faced by Indig...
- Nifty shows positive reversal; experts eye buying opportunities on dipsNifty shows recovery, trading flat at 24,840, with analyst CA Rudramurthy BV noting a positive reversal pattern and key support at 24,580. ...
- Indy 500: Why winners choose milk over champagne after victoryThe Indianapolis 500's tradition of the winner drinking milk began in 1936 with Louis Meyer. It became a cherished symbol, facing only one ...
- Akasa Air has ample fuel to go for three-digit aircraft order, says CEO DubeIndian airline Akasa Air is set to place a "three-digit" aircraft order by the end of the year as it enjoys a solid cash position following...
- Historic Milestone: IndiGo places landmark order for 500 Airbus aircraft"IndiGo, India’s largest airline by market share, has placed a firm order for 500 A320 Family aircraft, setting the record for the biggest ...
- Demand robust, aviation sector to see strong growth, say executivesIndia's largest airline, IndiGo, said the carrier is entering its next phase of growth and will heavily invest to increase domestic capacit...
- India the place to be in despite challenges, say airline bosses“The Indian market has been one of the fastest to recover from the impact of the pandemic and we are witnessing continuous robust demand fr...
- IndiGo is back with a bang, looking to start flights to many international destinations: CEO Pieter ElbersIndiGo, which has more than 300 planes in its fleet, currently operates to 76 domestic and 26 international destinations. Flights to two mo...
- Domestic airlines may need USD 3-3.5 bn funding amid travel demand uncertainty: CAPADomestic airlines, excluding IndiGo, may require funding requirements to the tune of $3-3.5 billion to survive.
- Shell out more to sit with family on Air India flightsWith this, yet another airline has imposed the middle seat selection fee or “family fee” as it is known in certain countries.
- Government doing 'detailed review' of P&W engine issues: Jayant SinhaCurrently, there are 21 A320 neo planes of IndiGo and GoAir that are powered by P&W engines that have been frequently facing technical snag...
- I'm relieved, happy IndiGo IPO did not go the Café Coffee Day way: Aditya GhoshGhosh described the IPO process as the toughest point in his days at the airline. The stock's performance even "beat my own expectations", ...
- IndiGo profit at record high, sees over 300% jump in FY15IndiGo operates 648 flights a day with a fleet of 97 planes. The airline has filed its pre-IPO prospectus, which it aims to see later this ...
- Vote share or market share, 31% is top dogResearch analysts on Dalal Street will tell you that market share matters little if it’s coming at the expense of profitability.
- IndiGo's profits soar 6-fold to Rs 787 crore despite a spike in fuel prices, weak rupeeIndiGo reported a spectacular six-fold jump in net profit to 787 crore in the year to March, seemingly unaffected by a spike in fuel prices...
- Government gears up for pay parity in Indian Airlines and Air IndiaThe ministry is yet to decide on other suggestions like allowing pilots of AI and IA to be cross-utilized for all aircraft in the merged ai...
- Airlines to hire 5,000 as aviation boom returnsThe Indian aviation sector will grow by 18-20% this year, say experts. Among airlines, Air India, IndiGo and SpiceJet will add more than 1,...
- Sub-prime heat hits India; IndyMac cuts jobsIndyMac’s move could impact about 400-450 people at Cognizant Technology Solutions, ExlService Holdings and WNS. IP add in cyber crime I Fi...
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