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Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

Infrastructure

19 March, 2020

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered ......

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Coronavirus: Which PE portfolio firms are in the line of direct fire?

Consumer

16 March, 2020

Coronavirus: Which PE portfolio firms are in the line of direct fire?

Private equity firms can expect some of their portfolio companies in travel, food, hospitality and entertainment to take a hit ......

Indian airlines take hit as govt suspends inbound visas to stem coronavirus spread

Infrastructure

12 March, 2020

Indian airlines take hit as govt suspends inbound visas to stem coronavirus spread

Indian airline share prices tumbled on Thursday after the government moved to restrict travel into the country in an effort ......

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Infrastructure

19 February, 2020

CCI finds no proof of cartelisation among IndiGo, SpiceJet and others

Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo, and four rival carriers colluded ......

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One in three Indian consumer firms sees sales decline in peak shopping season

Consumer

17 February, 2020

One in three Indian consumer firms sees sales decline in peak shopping season

The poor consumer sentiment in the economy is yet to see any improvement with as many as one in three ......

IndiGo shareholders reject co-founder's plan to change rules on stock sales

Infrastructure

29 January, 2020

IndiGo shareholders reject co-founder's plan to change rules on stock sales

Interglobe Aviation Ltd, the operator of India’s top airline IndiGo, said on Wednesday a majority of shareholders voted against a ......

Grapevine: IndiGo, Etihad circle Air India; Hinduja Group eyes Jet Airways

General

31 December, 2019

Grapevine: IndiGo, Etihad circle Air India; Hinduja Group eyes Jet Airways

IndiGo, India’s largest airline by market share, and Abu Dhabi-based Etihad Airways have shown interest in ailing national carrier Air ......

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Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

Consumer

18 November, 2019

Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

The slowdown in Indian consumer demand that was initially rebuffed as a behavioural change by car buyers has spread faster ......

Keen to buy stake in IndiGo but will wait, says Qatar Airways

Infrastructure

07 November, 2019

Keen to buy stake in IndiGo but will wait, says Qatar Airways

Top Indian airline IndiGo said on Thursday it signed a one-way codeshare agreement with Qatar Airways, letting the Middle Eastern ......

IndiGo, Qatar Airways to announce strategic deal

Infrastructure

05 November, 2019

IndiGo, Qatar Airways to announce strategic deal

India’s largest airline, IndiGo, and Qatar Airways will make a strategic business announcement on Thursday, which media reports said would ......