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INTERGLOBE AVIATION ISSUES
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...- IndiGo shares snap 3-day rally, fall over 1% as airline suspends flights to 6 countries amid soaring operational costsIndiGo's parent company, InterGlobe Aviation, saw its shares dip as the airline announced temporary flight suspensions to six international...
- IndiGo shares fall as airline halts Manchester flights amid soaring operational costsIndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soarin...
- 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 ...
- Why is market falling today? Sensex falls 600 points, Nifty below 23,500; 5 key factors behind bloodbathStock Market Crash: Indian stock markets experienced a significant downturn on Monday. Both Sensex and Nifty saw substantial drops exceedin...
- IndiGo pays Rs 20 lakh penalty to DGCA over 4 tail strikes"The company had filed an appeal against the said (Rs 30 lakh penalty) order. DGCA considered submissions made by the company in support of...
- Three of the four listed aviation stocks struggling for a lift-offInterGlobe Aviation, SpiceJet, Jet Airways, and Global Vectra Helicorp are companies listed on Indian stock exchanges. InterGlobe Aviation ...
- Flying high! FII, MF ownership in InterGlobe Aviation at all-time high; will the party continue?In the last year, the stock performance of SpiceJet and InterGlobe Aviation have been very different. InterGlobe Aviation, which runs India...
- IndiGo says no direction to company in arbitration award related to promoters' feudIn a regulatory filing, InterGlobe Aviation said it is in receipt of the final arbitral award, dated September 23, issued in the arbitratio...
- IndiGo pays Rs 2.1 crore to settle case with SebiThe capital markets regulator said in its order on Tuesday, Rakesh Gangwal, co-founder of InterGlobe Aviation, had in his complaint alleged...
- Don't hide behind 'unnamed sources': Rakesh Gangwal's fresh retort in spat with Rahul BhatiaRakesh Gangwal and Rahul Bhatia are locked in a bitter battle over alleged corporate governance lapses.
- IndiGo to expand board; to have 4 independent directorsThe decision, taken during the company's board meeting on July 20, also comes against the backdrop of feud between co-promoters.
- InterGlobe Aviation board meet on Friday amid promoter spatGangwal has flagged concerns about related-party transactions involving IGE Group and the allegations have been refuted by the Bhatia camp.
- IndiGo announces Rs 1,125-1,175 band for planned QIPIt plans to sell 3.36 crore equity shares -a fresh issue of 2.24 crore shares.
- Competition Commission rejects Air India's complaint against IndiGoCompetition Commission has rejected Air India's allegation of predatory recruitment ways made against no-frills carrier IndiGo's parent Int...
- Prefer InterGlobe in aviation pack: Mayuresh Joshi, Angel Broking"InterGlobe has advantages in terms of profitability, operating fleet and coverage ratios."
- IndiGo losing senior pilots; 40 commanders quit in 1 yearAccording to recent DGCA data, Indigo's market share stood at 30.7 per cent in July this year over 31.6 per cent in June.
- FIPB approves proposal to convert Rakesh Gangwal's IndiGo stake to NRI categoryAccording to FDI rules, foreign companies and foreign airlines are allowed to hold up to a 49 per cent stake in an Indian airline.
- IndiGo seeks nod from FIPB to free up FDI capAccording to the FDI rules, overseas companies and airlines are allowed to hold up to 49% in an Indian airline.
- InterGlobe Established in pact to sell four LET jets in IndiaInterGlobe Established Pvt Ltd (THE ESTD), a luxury lifestyle solution provider, said it has signed an MoU to sell the first set of four LE...
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