Indigo
Infrastructure
IndiGo to raise up to $534 mn via share sale
Interglobe Aviation Ltd, which runs India’s largest airline IndiGo, said on Monday it will raise up to 40 billion rupees ......
Infrastructure
IndiGo to cut 10% of workforce due to COVID-19 impact
IndiGo, India’s biggest airline, said it will cut 10% of its workforce as it grapples with declining revenues due to ......
Markets
Nifty closes above 10,000 as lockdowns ease
India's Nifty index on Wednesday closed above the 10,000 mark for the first time since mid-March as the economy re-emerges ......
Infrastructure
Why Indian aviation faces a long flight to full recovery from virus impact
The government’s decision to allow domestic carriers to resume partial operations from next week came as a shot of adrenaline ......
Markets
Sensex, Nifty rise as travel curbs eased; airlines, ITC surge
Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail ......
Infrastructure
Govt allows some flights, asks airlines to follow ticket price rules
Airlines should stick to ticket price guidelines issued by India's civil aviation ministry when they restart some domestic flights, two ......
Infrastructure
Rahul Bhatia's InterGlobe fails to make the cut for Virgin Australia
Virgin Australia Holdings Ltd's administrators have short-listed potential buyers BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners, a ......
General
Grapevine: PE funds in fray to buy Reliance's power distribution biz; Nippon eyes stake in IndusInd
A group of investors including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP and Brookfield Asset Management have shown ......
Infrastructure
Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave
India's aviation regulator has told airlines not to take bookings as the government has not yet decided when to recommence ......
Infrastructure
IndiGo cuts staff pay as coronavirus curbs air travel
India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the ......