Indigo Investors Alert! Stock Price May Be Impacted For THESE 2 Reasons, Check What Analyst Says
Indigo continued to gain market share during July 2023 with its share now at 63.4 per cent (63.2 per cent in June 2023).
Aug 17, 2023, 12:57 PM IST
Who Is Rahul Bhatia, Man Who Made Headlines By Earning Rs 8,583 Crore In Just 2 Months?
Rahul Bhatia's net worth has climbed from $4.28 billion to $5.32 billion in just two months.
Jun 10, 2023, 16:18 PM IST
IndiGo to raise Rs 3,000 crore amid COVID-19 pandemic
The Gurugram-based airline had reported a net loss of Rs 620.1 crore, its fourth consecutive quarterly loss, in the three months ended December 2020. The company is yet to announce its earnings for the 2021 March quarter as well as for the fiscal year ended March 2021.
May 10, 2021, 21:23 PM IST
IndiGo posts Rs 871 crore loss in March quarter
The parent of the country's largest airline IndiGo had a profit after tax of Rs 595.8 crore in the year-ago period.
Jun 02, 2020, 17:38 PM IST
Indigo promoter Rakesh Gangwal sets up website for relevant updates, airline calls it unauthorised
Rakesh Gangwal stated in his letter of August 5, 2019 that he has set up a website to update “relevant information” as needed.
Aug 06, 2019, 13:29 PM IST
IndiGo to expand Board to 10 members including 4 independent directors
Currently Indigo board comprises six members – Chairman M. Damodaran, Rahul Bhatia, Rakesh Gangwal, Anupam Khanna, Anil Parashar, and Rohini Bhatia who is an independent woman board member.
Jul 22, 2019, 13:11 PM IST
No enquiry yet in Indigo promoters feud by MCA
SEBI has sought the response from the company on allegations of Gangwal by July 19 while the board of Inter Globe Aviation, the promoter company of Indigo are also meeting on July 19 to consider the results.
Jul 16, 2019, 17:50 PM IST
IndiGo stocks crash over promoters dispute, ends 10.73% lower
Rakesh Gangwal, one of the co-founders of the airline, has alleged violation of corporate governance rules at Indigo, seeking regulatory intervention from market regulator Sebi.
Jul 10, 2019, 17:12 PM IST
Difference of opinion between promoters got nothing to do with airline: Indigo CEO to employees
Rakesh Gangwal, one of the co-founders of the airline, has alleged violation of corporate governance rules at Indigo, seeking regulatory intervention from market regulator Sebi.
Jul 10, 2019, 13:38 PM IST
IndiGo co-founder turns to SEBI over alleged corporate governance violation
The move appears to indicate that a boardroom dispute is escalating after a report in May that the co-founders and two largest shareholders of India`s largest airline were at odds over its expansion.
Jul 10, 2019, 12:45 PM IST
InterGlobe Aviation third-quarter profit plunges as crude prices weigh
Its net profit was 1.91 billion rupees ($26.79 million) in the three months ended Dec. 31, compared with 7.62 billion rupees a year earlier, the company said.
Jan 23, 2019, 17:20 PM IST
IndiGo's Q4 profit slumps 73% to Rs 118 crore
In the fourth quarter of 2017-18 , the firm had a higher total income of Rs 6,056.84 crore compared to Rs 5,141.99 crore in the same period a year ago.
May 02, 2018, 17:45 PM IST
CCI penalises Jet Airways, InterGlobe Aviation, SpiceJet for unfair biz practices
The watchdog has imposed a fine of Rs 39.81 crore on Jet Airways while the penalties on InterGlobe Aviation and SpiceJet are Rs 9.45 crore and Rs 5.10 crore, respectively.
Mar 08, 2018, 07:33 AM IST
Will not pursue AI bid if not profitable: IndiGo President
Having joined the race to buy out Air India, IndiGo President Aditya Ghosh has told employees that it will not embark on the journey if it is not profitable and jeopardises interests of the airline.
Jun 30, 2017, 15:31 PM IST
IndiGo airlines shows interest in buying stake in Air India
IndiGo said in a letter it would be interested in buying out the International operations of Air India and its low-cost wing, Air India Express.
Jun 29, 2017, 14:15 PM IST
NSE allows 15 companies including Reliance Defence in F&O segment
Top stock exchange NSE has decided to admit 15 companies including Reliance Defence and Engineering, InterGlobe Aviation, Suzlon Energy, Muthoot Finance and Piramal Enterprises, on its futures and options segment, from March 31.
Mar 23, 2017, 15:41 PM IST
IndiGo Q3 net profit slumps 25% to Rs 487 crore
InterGlobe Aviation, parent of no-frills airline IndiGo, Tuesday posted a 25 percent fall in net profit at Rs 487.26 crore in the three months ended December 2016 primarily impacted by higher fuel expenses and other costs.
Jan 31, 2017, 17:34 PM IST
IndiGo appoints Rohit Philip as CFO
IndiGo's parent InterGlobe Aviation on Wednesday announced the appointment of Rohit Philip as its Chief Financial Officer.
May 18, 2016, 12:24 PM IST
Boeing, Airbus eye Indian growth as fears of global slowdown mount
Boeing Co and Airbus Group SE said on Thursday they expect Indian airlines to order up to 1740 jets over the next 20 years, as aircraft manufacturers eye one of the world`s fastest-growing aviation markets to offset any weaker sales elsewhere
Mar 17, 2016, 20:17 PM IST
CCI rejects Air India's complaint against IndiGo
Air India and IndiGo are among the key domestic airlines.
Feb 20, 2016, 17:20 PM IST
