Indigo
Infrastructure
India's top airline cuts expansion targets after $150 mn quarterly loss
India's biggest airline IndiGo reported its biggest ever quarterly loss on higher maintenance costs and cut capacity expansion targets, at ......
Consumer
Consumer slowdown gets more entrenched, moves beyond automobiles
The softening of consumer demand in India is showing signs of getting more broad-based in what could start impacting business ......
General
Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over
Global private equity giant Warburg Pincus has pledged its entire 9.86% stake in private-sector lender IDFC First Bank Ltd to ......
General
Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz
InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address concerns raised ......
Markets
Nifty, Sensex close lower for fifth day after IMF cuts India growth forecast
Indian shares marked their worst losing streak since mid-May on Wednesday after the International Monetary Fund (IMF) cut its annual ......
Consumer
Why the perceived slowdown in India's consumer demand is not as bad as it seems
Slowing consumer demand has been dominating the narrative around the state of the Indian economy and some indicators, especially motorcycle ......
Infrastructure
IndiGo founders' rift in the open as Gangwal turns to SEBI; shares slump
One of the co-founders of India’s largest airline IndiGo has alleged violation of corporate governance rules at parent company Interglobe ......
General
Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects
Dewan Housing Finance Corporation is in discussions with global alternative investment management firm Oaktree Capital to sell wholesale real estate ......
Infrastructure
IndiGo operator InterGlobe Aviation's shares slump on report of founders' rift
Shares in InterGlobe Aviation, which operates India's largest airline IndiGo, tumbled 9 percent on Thursday following a report its co-founders ......
General
IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms
Budget carrier IndiGo's two founders, Rahul Bhatia and Rakesh Gangwal, are locked in a dispute that may affect the functioning ......
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